Express Surged Nearly 60% in Morning Trading After Cooperating With WHP Global and Posting Its Financial Results

Tiger Newspress2022-12-08

Express, Inc. surged nearly 60% in morning trading after cooperating with WHP Global and posting its financial results.It reported third-quarter revenue of $434.1 million. The company reported a quarterly net loss of 50 cents per share, which missed estimates for a loss of 29 cents per share.

Express and WHP Global entered into a strategic partnership to advance an omnichannel platform which is expected to drive accelerated, long-term growth.

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