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Express Inc. Posts Q4 Beat, But There’s a Problem With Q1 Outlook

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

Even though Express Inc. managed to beat Wall Street’s estimates for the fourth quarter and it’s now in the early stages of executing on its new strategic plan, the company disappointed with a first-quarter per-share earnings outlook below Wall Street expectations. In a Nutshell: The dual-gender fashion chain’s “strategic transformation has begun, including implementation of a…

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