Express (EXPR) Tops Q2 EPS by 35c
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Express, Inc. Reports Second Quarter 2021 Results
August 25, 2021 6:45 AM EDTCompany provides improved outlook for second half and full year 2021 based on strength of second quarter results and momentum of EXPRESSway Forward strategy
Second quarter net sales of $458 million increased 86% compared to 2020. Consolidated comparable sales increased 42% compared to 2020 and 3% compared to 2019 Company experienced a positive inflection point after the Fourth of July as comparable store sales plus demand significantly accelerated to a +11% comp versus 2019, which has continued into August Strong growth in eCommerce demand of 28% versus 2020 and 20% versus 2019 Diluted earnings per share of... More