Apparel retailer Express may file for bankruptcy as soon as next week, Bloomberg News reports [Yahoo! Finance]
Express, Inc. (EXPR)
Last express, inc. earnings: 3/11 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investors.cloud.express.com
Company Research
Source: Yahoo! Finance
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. The company has been battling with soft consumer demand due to slowing spending patterns and increased price sensitivity in discretionary categories. Express had said in November it would continue to conduct a comprehensive review of its business model to induce cost-cutting strategies. In March, the New York Stock Exchange said it would commence delisting proceedings against the apparel retailer, meaning its common stock would no longer be traded. (Reporting by Granth Vanaik and Annett Mary Manoj in Bengaluru; Editing by Alan Barona)
Show less
Read more
Impact Snapshot
Event Time:
EXPR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EXPR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EXPR alerts
High impacting Express, Inc. news events
Weekly update
A roundup of the hottest topics
EXPR
News
- 2024's Retail Distress List is Growing, Experts Say [Yahoo! Finance]Yahoo! Finance
- Express files for bankruptcy; closing more than 100 stores [CNN]CNN
- Express bankruptcy means 95 store closures in 30 states and DC: Here are the numbers [FOX Business Network]FOX Business Network
- Retailer Express files for Chapter 11 bankruptcy protection [FOX Business Network]FOX Business Network
- Express files for bankruptcy; closing more than 100 stores [Yahoo! Finance]Yahoo! Finance
EXPR
Earnings
- 11/30/23 - Miss
EXPR
Sec Filings
- 4/22/24 - Form 8-K
- 3/14/24 - Form 25-NSE
- 3/6/24 - Form 8-K
- EXPR's page on the SEC website