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Express Cuts 10% of Corporate Jobs in Q3 Amid Sagging Sales

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Amid wider third-quarter losses, specialty fashion chain Express Inc. has cut 10 percent of its corporate jobs to save $13 million. In a Nutshell: Express missed Wall Street’s consensus estimates for both adjusted diluted earnings per share and revenue for third quarter, reporting wider quarterly losses than a year ago as sales fell 34.1 percent….

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