Best Healthcare Equipment Stocks To Watch Right Now: Express Inc. (EXPR)
Express, Inc. operates specialty retail stores in the United States. The company?s stores offer apparel and accessories for women and men between 20 and 30 years old across various aspects of the lifestyles comprising work, casual, jeanswear, and going-out occasions. It also sells gift cards. As of January 29, 2011, the company operated 591 stores, including 547 dual-gender stores, 25 women?s stores, and 19 men?s stores located primarily in high-traffic shopping malls, lifestyle centers, and street locations in 47 states throughout the United States, the District of Columbia, and Puerto Rico. In addition, it operates seven Express stores in Saudi Arabia, Kuwait, and the United Arab Emirates through its Development Agreement with Alshaya Trading Co.; and sells its products through e-commerce Website, express.com. The company was formerly known as Express Parent LLC and changed its name to Express, Inc. in May 2010. Express, Inc. was founded in 1980 and is headquartered in C olumbus, Ohio.
Advisors' Opinion:- [By Paul Ausick]
A middling earnings report from specialty retailer Express Inc. (NYSE: EXPR) boosted volume in the stock to more than 20 million shares, from the stocks average of around 1 million. The CEOs comments and a weak outlook for the fourth quarter simply crushed the stock. Shares closed down 23% at $19.00 in a 52-week range of $13.70 to $25.05.
- [By ANUP SINGH]
Bucking the trend
The apparel & accessories retail sector, despite macroeconomic headwinds, includes retailers that are successfully bucking the trend. Express (NYSE: EXPR ) has beaten analyst expectations in 12 of the last 13 quarters. It is poised to grow going forward with the back-to-school shopping season finishing and the holiday season fast approaching. - [By Laura Brodbeck]
Notable earnings released on Wednesday included:
Williams-! Sonoma, Inc (NYSE: WSM) reported fourth quarter EPS of $1.38 on revenue of $1.47 billion, compared to last years EPS of $1.34 on revenue of $1.41 billion. Express, Inc (NYSE: EXPR) reported fourth quarter EPS of $0.57 on revenue of $715.90 million, compared to last years EPS of $0.75 on revenue of $728.71 million. Vail Resorts, Inc.(NYSE: MTN) reported second quarter EPS of $1.60 on revenue of $452.70 million, compared to last years EPS of $1.65 on revenue of $422.45 million. Krispy Kreme Doughnuts, Inc.(NYSE: KKD) reported fourth quarter EPS of $0.12 on revenue of $112.70 million, compared to last years EPS of $0.09 on revenue of $118.14 million.Pre-Market Movers
- [By Laura Brodbeck]
Wednesday
Earnings Expected: The Wet Seal (NASDAQ: WTSL), Express (NYSE: EXPR), Tiffany & Co (NYSE: TIF) Economic Releases Expected: U.S. oil inventory data, German consumer climate, Italian consumer confidenceThursday
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-healthcare-equipment-stocks-to-watch-right-now.html
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