Express Inc. Net Sales Drop 53 Pct Amid Pandemic
PYMNTS
JUNE 3, 2020
reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of retail locations started on May 1. The retailer, however, reported that consolidated net sales dropped 53 percent to $210.3 Additionally, Express said it decreased its forecasted yearly capital expenditures by roughly $25 million.
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