Driven by a surge in e-commerce sales, Specialty apparel retailer Express Inc. posted robust earnings for the second quarter of the current financial year.
Driven by a surge in e-commerce sales, Specialty apparel retailer Express Inc. posted robust earnings for the second quarter of the current financial #
The American fashion retailer which is focussed on the needs of young women and men witnessed a 7 per cent rise in net sales to USD 486.2 million in the thirteen-week period ended August 3, 2013 from USD 454.9 million in the same period a year ago.
Driven by a surge in e-commerce sales, Specialty apparel retailer Express Inc. posted robust earnings for the second quarter of the current financial #
Comparable sales for the apparels and accessories retailer rose by 6 per cent in the quarter to August 3, 2013 as web sales surged by 27 per cent to USD 59.9 million, year on year. In the second quarter of last year, Express Inc. delivered a 1 per cent growth in same-store sales.
Driven by a surge in e-commerce sales, Specialty apparel retailer Express Inc. posted robust earnings for the second quarter of the current financial #
Improved conversion rates, differentiated and trendy product lines and strong marketing strategies were attributed to the healthy growth in sales revenue of the Ohio headquartered company.
Driven by a surge in e-commerce sales, Specialty apparel retailer Express Inc. posted robust earnings for the second quarter of the current financial #
The company posted a net income of USD 16.9 million in Q2 2013, up from USD 15.8 million in the same period a year ago while diluted earnings per share rose to USD 0.20 from USD 0.18 in the same period.
Driven by a surge in e-commerce sales, Specialty apparel retailer Express Inc. posted robust earnings for the second quarter of the current financial #
Gross margin fell to 31.4 per cent of net sales in the second quarter of 2013 from 32.2 per cent in the second quarter of 2012, while merchandise margin dipped by 40bps as the company stepped up promotional activity in the face of stiff competition.
Driven by a surge in e-commerce sales, Specialty apparel retailer Express Inc. posted robust earnings for the second quarter of the current financial #
Strong product and marketing strategies and the company’s ability to react quickly to competition hold Express Inc. in good stead for the ongoing holiday shopping season.
Driven by a surge in e-commerce sales, Specialty apparel retailer Express Inc. posted robust earnings for the second quarter of the current financial #
Fibre2fashion News Desk - India
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