EXPRESS PLUNGES ON WEAK Q2 EARNINGS

Express, Inc. released its financial results for the second quarter of 2016, ended July 30, 2016, and it wasn’t good. Overall, Comparable sales (including e-commerce sales) decreased 8%, compared to a 7% increase in the second quarter of 2015. E-commerce sales declined 7% to $70.1 million. Net sales decreased 6% to $504.8 million from $535.6 ...

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