Express Inc. (EXPR) reported fourth quarter net income of $0.75 per share Wednesday morning, up from $0.68 per share a year ago. The consensus estimate was for EPS of $0.74. Net sales increased 8% to $728.7 million from $673.2 million last year. Analysts expected revenue of $722.38 million.
The company expects to report first quarter EPS of $0.34 to $0.38 and between $1.40 and $1.54. The consensus estimates are for EPS of $0.46 and $1.72.
Express gapped open sharply lower Wednesday and is now down 1.72 at $17.13 on above average volume. The stock has dropped to a 2-month low and has fallen below its 50-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.