Express Inc (EXPR) Sector
Consumer Discretionary

(Current) $2.51
-0.20 (-7.38%) Open Price: 2.66

 

Express Inc. is an American fashion retailer that offers casual and professional clothing for men and women. The company was founded in 1980 by limited brands (now L Brands) and was a spin-off of The Limited's Lerner stores. It was named "Express" to reflect its goal of providing trendy and fashionable clothing at a fast pace. The first store opened in Chicago and was a huge success, with many more stores opening soon after. Today, Express has over 500 stores in the United States and has expanded internationally.

 

Express offers a wide range of clothing options, including dresses, suits, blouses, shirts, jeans, pants, and accessories. Their target demographic is young professionals who want trendy, fashionable clothing that is still appropriate for the workplace. The company's mission is to provide high-quality clothing at affordable prices while staying true to their brand image.

 

Express went public in 2010, with an initial public offering of 16 million shares priced at $17 per share. The company raised approximately $260 million from the IPO, which was used to pay off debt and invest in growth initiatives. The stock is listed on the New York Stock Exchange under the symbol "EXPR."

 

Express continues to focus on innovation and growth, with a renewed focus on sustainability and ethical sourcing. In 2021, the company announced a new partnership with thredUP, a resale platform, to encourage more sustainable fashion choices.

 



 

(03/01/24) $2.66
(03/04/24) $2.71
(03/04/24) (Qty.)89,322
(03/01/24) $2.56
(03/01/24) $2.78
(02/11/24) $1.90
(03/05/23) $21.10
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