Well Known for their minute maid outfits Express Inc. was ranked 24 out of 100 with the most industry sales in 2016. With over 35 years in business Express has over 650 stores within the US, Canada and Puerto Rico (Unknown, 2017) . Shooting to expand their stores express has employed over 17,000 individuals as of present day. Getting to know more about fashion and retail industry exploring on Express Inc. for potential background on how to run a retail company in the US. Information gathered to conduct this research came from a variety of websites such as, the Express website, and other websites that leak information about the company and they’re well doing in the retail industry. The five main topics that will be discussed in this …show more content…
Stock Price and Net Sales In 2007 Express declared itself a free-standing independent, private company. Later in 2010 Express was developed into a public trade company on the New York Stock Exchange. ( (Unkown, 2008). Express stock price as of September 22, 2017 was at $6.25, with a revenue of 2.192 Billion USD; and as of October 26, 2017, the stock price has increased to $7.29 (Unkown, MarketWatch, n.d.). As research was done, in the stock price, I noticed how Express Inc. had a very steady Net Sale throughout their 2013- 2017 fiscal years, with an estimate of over 2 billion dollars in Net Sales (“EXPR Annual Income Statement,” n.d.). But as I continued investigating, I saw how their Gross Profit has been shifting from year to year. In the 2017 fiscal year Gross Profit dropped 132.07 Million dollars more than the 2016 year, as shown in Table 1.
Table 1
Express Inc. Net Sales & Gross Profit (Feb- Jan)
Fiscal Year
Feb-Jan 2017 2016 2015 2014 2013
Express Net Sale 2.1B 2.35B 2.17B 2.22B 2.15B
Express Gross Profit 663.2M 795.27M 660.95M 717.7M 742.63M
Source: EXPR Annual Income Statement. (2014). Express Inc. Retrieved from https://amigobulls.com/stocks/EXPR/income-statement/annual
Benefits for Workers at Express
Employing over 18,000 associates throughout their stores, Express has many benefits for their employees. No matter if you want to work national or internationally express has a position for
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