| (USD) | Oct 2023 | Q/Q |
|---|---|---|
| Revenue | 454.1MM | +4% |
| Gross Profit | 109.5MM | +9% |
| Cost Of Revenue | 344.5MM | - |
| Operating Income | -28.7MM | -27% |
| Operating Expenses | 138.3MM | -1% |
| Net Income | -36.8MM | -16% |
| G&A | 143.6MM | -2% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
The company has asked its lenders for funds to help finance a potential Chapter 11 bankruptcy process, the report further said, adding that the preparations to file for bankruptcy are not final and that the plans could change. Express did not immediately respond to a Reuters request for comment. Launched in 1980, Express Inc has a multi-brand portfolio, including Express, Bonobos and UpWest.
COLUMBUS, Ohio, March 06, 2024--Express, Inc. (NYSE: EXPR) ("Express" or the "Company") today announced that it received notification from the New York Stock Exchange ("NYSE") indicating that the common stock of the Company will be delisted, and trading of its common stock on the NYSE was suspended, after market close on March 6, 2024.
U.S. fashion retailers and department stores saw their risk of default improve in February, according to an S&P Global Market report.
(Bloomberg) -- At least one lender to Express Inc. has approached the retailer to put aside a pool of money for expenses tied to a potential future bankruptcy filing, according to people with knowledge of the matter. Most Read from BloombergUS Unveils Biggest Sanctions Package on Russia Since War BeganNvidia Rises Most in About Nine Months as AI Drives SalesT-Bills Without Tax Bills? This Fund Says It Cracked the CodeBezos, Nvidia Join OpenAI in Funding Humanoid Robot StartupUS Lands on Moon in
Amazon Air is closing a Texas cargo-handling facility, which will result in the layoff of 65 workers. The post Amazon Air to close Texas facility, terminating 65 workers appeared first on FreightWaves.
In a memo on Wednesday, Stewart Glendinning said the apparel retailer is awaiting a $52 million CARES Act payment to help with long-term liquidity.
Stewart Glendinning said the retailer is "proactively preserving our liquidity" as it waits for a CARES Act payout from the IRS.
(Bloomberg) -- Fashion retailer Express Inc. is rapidly running out of cash and time.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HerePutin Seeks Revenge on a World Order He Once Wanted to JoinRetail Traders Are Losing Billions in India’s Booming Options MarketStaggering under nearly $300 million of debt, the company for weeks has been in talks with creditor
The business casual-focused apparel retailer has struggled to regain relevance since the height of the pandemic.
When investors think about apparel stocks to buy, Nike (NYSE:NKE) is on many top 10 lists. At first glance, you could look at Nike stock and see that it’s up 53,000% in the 40 years since it went public. But that doesn’t accurately account for the seven 2-for-1 stock splits that NKE stock has executed in that time. It also doesn’t consider the overall return derived from the company’s dividend which, if it sees an increase in 2024, will mark 22 consecutive years of such growth. Nike is a behemot