Best Managed Healthcare Companies To Invest In 2015: Express Inc. (EXPR)
Express, Inc. operates specialty retail stores in the United States. The company?s stores offer apparel and accessories for women and men between 20 and 30 years old across various aspects of the lifestyles comprising work, casual, jeanswear, and going-out occasions. It also sells gift cards. As of January 29, 2011, the company operated 591 stores, including 547 dual-gender stores, 25 women?s stores, and 19 men?s stores located primarily in high-traffic shopping malls, lifestyle centers, and street locations in 47 states throughout the United States, the District of Columbia, and Puerto Rico. In addition, it operates seven Express stores in Saudi Arabia, Kuwait, and the United Arab Emirates through its Development Agreement with Alshaya Trading Co.; and sells its products through e-commerce Website, express.com. The company was formerly known as Express Parent LLC and changed its name to Express, Inc. in May 2010. Express, Inc. was founded in 1980 and is headquartered in C olumbus, Ohio.
Advisors' Opinion:- [By Jeremy Bowman]
Retail stocks continued to take it on the chin as concerns about weak holiday sales persisted. Wal-Mart fell 1.2% to make it the Dow's worst performer, while Express (NYSE: EXPR ) shares finished down 23% as the fashion label issued downbeat guidance in its quarterly report. Management lowered its full-year EPS outlook from $1.52-$1.60 to $1.46-$1.51, below the consensus as it sees an increasingly competitive promotional environment this holiday season. Management also said Thanksgiving week sales did not meet its expectations, and that same-store sales will be in the low single digits for the current quarter.
- [By Rick Munarriz]
Thursday
Express (NYSE: EXPR ) is one of the many retailers reporting this week. The clothing chain has more than 600 stores, making it a decent proxy for mall life. The retailers tha! t have chimed in for their fiscal quarters ending in April have posted mixed results so far. Wall Street's forecasting a slide in income on flat sales at Express.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-managed-healthcare-companies-to-invest-in-2015.html
No comments:
Post a Comment