Express traded at $0.70 this Tuesday April 9th, decreasing $0.004 or 0.60 percent since the previous trading session. Looking back, over the last four weeks, Express lost 46.09 percent. Over the last 12 months, its price fell by 94.91 percent. Looking ahead, we forecast Express to be priced at 0.68 by the end of this quarter and at 0.62 in one year, according to Trading Economics global macro models projections and analysts expectations.
Express, Inc. (Express) is a dual gender apparel and accessories brand. The Company is engaged in operating its express brick-and-mortar retail and outlet stores, eCommerce operations, and franchise operations. It operates approximately 360 primarily mall-based retail stores in the United States and Puerto Rico as well as 206 factory outlet stores. It also sells its products through its ecommerce Website, www.express.com, and its mobile app, as well as through franchisees who operate Express locations in Latin America. The Company also sells gift cards in its stores, on its ecommerce Website, and through third parties. It utilizes two facilities for the distribution of its product, both of which are owned and operated by third parties. Virtually all the merchandise sold in its stores and on its Website is received and processed at a central distribution facility in Columbus, Ohio.