Express, Inc. Reports Record Second Quarter 2015 Results; Introduces Third Quarter Guidance and Raises Full Year 2015 Outlook
- Sales increase 11% to a second quarter record of $535.6 million
- Comparable sales increase 7%
- Merchandise margin and gross margin increase 240 and 480 basis points, respectively
- Operating income rises to a second quarter record of $35.9 million
- Diluted EPS rises 213% to a second quarter record of $0.25
COLUMBUS, Ohio, Aug. 26, 2015 -- Express, Inc. (EXPR), a specialty retail apparel company, announced its financial results for the second quarter of 2015. These results cover the thirteen and twenty-six week periods ended August 1, 2015 and compare to the thirteen and twenty-six week periods ended August 2, 2014.
- Published: 26 August 2015
- Written by Editor