Express, Inc. Gets Delisting Notice From NYSE; Trading Of Its Common Stock On NYSE Was Suspended, After Market Close On March 6, 2024
The Company's common stock will now trade publicly on the OTC Pink Market under the symbol "EXPR"
The Company's common stock will now trade publicly on the OTC Pink Market under the symbol "EXPR"
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NT 10-K - EXPRESS, INC. (0001483510) (Filer)
15-12G - EXPRESS, INC. (0001483510) (Filer)
S-8 POS - EXPRESS, INC. (0001483510) (Filer)
3 - EXPRESS, INC. (0001483510) (Issuer)
3 - EXPRESS, INC. (0001483510) (Issuer)
4 - EXPRESS, INC. (0001483510) (Issuer)
SC 13G/A - EXPRESS, INC. (0001483510) (Subject)
SC 13G - EXPRESS, INC. (0001483510) (Subject)
SC 13G/A - EXPRESS, INC. (0001483510) (Subject)
B. Riley reiterated coverage of Express with a rating of Neutral and set a new price target of $3.50 from $1.50 previously
PHOENIX will Operate DTC Commerce in the U.S.A. for Express & BonobosNEW YORK, June 14, 2024 /PRNewswire/ -- WHP Global, in collaboration with an affiliate of Simon Property Group ("Simon"), Brookfield Properties ("Brookfield"), and Centennial Real Estate ("Centennial"), announce the formation of PHOENIX, a new retail operating platform, which received court approval to acquire a majority of Express, Inc. operations. Upon closing, PHOENIX will operate all direct-to-consumer (DTC) commerce in the U.S.A. for Express and Bonobos.
Apparel retailer Express Inc (OTC:EXPR) and its subsidiaries have filed voluntary Chapter 11 petitions in the U.S. bankruptcy court for the district of Delaware. The retailer, whose brands include Express, Bonobos and UpWest Express, plans to close about 95 Express retail stores and all UpWest stores, beginning Tuesday. Express has received a commitment for $35 million in new financing from certain of its existing lenders, subject to court approval. Also, on April 15, 2024, the company received $49 million in cash from the Internal Revenue Service related to the CARES Act. Express has received a non-binding letter of intent from a consortium led by WHP Global (WHP) for the pote
Small Cap Consumer Research analyst Eric Beder maintains Express (OTC:EXPR) with a Buy and maintains $20 price target.
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. The Company's common stock will now trade publicly on the OTC Pink® Market under the symbol "EXPR". This transition to the over-the-counter market will not affect the Company's business operations or its U.S. Securities and Exchange Commission reporting obligations, and it does not conflict with or cause an event of default under any of the Company's material debt or other agreements. Th
Reiterates $80 million in savings in 2023, delivered $30 million in savings in the third quarter of 2023 Reiterates goal to deliver $200 million in annualized savings by 2025 Fashion apparel retailer Express, Inc. (NYSE:EXPR), announced its financial results for the third quarter of 2023. These results, which cover the thirteen weeks and thirty-nine weeks ended October 28, 2023, are compared with the thirteen weeks and thirty-nine weeks ended October 29, 2022. "During the past three months, I have had the opportunity to assess our operating capabilities, organizational structure and processes, marketing and customer acquisition abilities, and merchandise and product strategies," said
Fashion apparel retailer Express, Inc. (NYSE:EXPR) today announced that the Company will report its third quarter 2023 financial results on Thursday, November 30, 2023, at 9:00 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Stewart Glendinning, Chief Executive Officer, and Mark Still, Interim Chief Financial Officer. Investors and analysts interested in participating in the earnings call are invited to dial (888) 550-5723 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at www.express.com/investor. A telephone replay of this call will
Former Tyson Foods Executive Brings Significant Operating and Finance Expertise and Proven Record of Building High Performance Teams and Iconic Brands Fashion apparel retailer Express, Inc. (NYSE:EXPR) today announced that Stewart Glendinning has been appointed Chief Executive Officer and a member of the Express Board of Directors, effective September 15, 2023. Glendinning succeeds Tim Baxter, who has resigned as Chief Executive Officer and as a member of the Board. Baxter will be available as needed to support a smooth transition. Glendinning brings to Express more than 20 years of experience in the consumer products industry and a proven record of operating excellence, financial disci
Fashion apparel retailer Express, Inc. (NYSE:EXPR) today announced the retirement of the Company's President & Chief Operating Officer, Matthew Moellering, effective May 5, 2023. The Company has retained executive search and leadership advisory firm Spencer Stuart to conduct an external search for Mr. Moellering's replacement. Mr. Moellering has been with Express since 2003 and was appointed to his current position in September 2019. He served as Interim CFO from October 2021 to March 2022 and Interim CEO & President from January – June 2019; was appointed as COO in 2011 and previously served as CAO & CFO from 2009 to 2011, and CFO from 2007 to 2009. He was an instrumental member of the e
Fashion apparel retailer Express, Inc. (NYSE:EXPR) today announced the appointment of Jason Judd as the Company's Senior Vice President & Chief Financial Officer, effective April 4th. "I am pleased to welcome Jason to Express, Inc. He is a seasoned, well rounded and accomplished financial executive with a proven track record of delivering results. His experience across industries and companies, combined with his passion for retail makes him a terrific complement to our extraordinary leadership team, and I look forward to his contributions to our EXPRESSway Forward strategy," said Tim Baxter, Chief Executive Officer. Mr. Judd will report directly to CEO Tim Baxter. Mr. Judd joins Express,
Initiates Court-Supervised Process to Facilitate Formal Sale Process; Receives Commitment for $35 Million in New Financing to Support Ongoing Operations Continuing to Serve Customers in Stores and Online Across the EXPRESS, Bonobos and UpWest Brands Express, Inc. (OTC:EXPR) ("Express" or the "Company") today announced that it has received a non-binding letter of intent from a consortium led by WHP Global ("WHP"), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. ("Simon") and Brookfield Properties ("Brookfield") for the potential sale of a substantial majority of the Company's retail stores and operations. To facilitate the sale process, Expr
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. The Company's common stock will now trade publicly on the OTC Pink® Market under the symbol "EXPR". This transition to the over-the-counter market will not affect the Company's business operations or its U.S. Securities and Exchange Commission reporting obligations, and it does not conflict with or cause an event of default under any of the Company's material debt or other agreements. Th
Ethan Grunkemeyer Makes History With Express as the Brand's Youngest NIL Athlete Partner Fashion apparel retailer Express, Inc. (NYSE:EXPR), announces today the latest partnership in the brand's collegiate athlete style ambassador program with Ohio-based student athlete Ethan Grunkemeyer. Grunkemeyer, who is considered a top 10 college football quarterback recruit, is the brand's youngest athlete partner to date. Grunkemeyer celebrates his first Name, Image, and Likeness (NIL) deal on National Signing Day, as he marks his commitment to play at Penn State University and becomes an official Nittany Lion. This press release features multimedia. View the full release here: https://www.busine