Insight Report 3 minutes PremiumExpress (EXPR) 3Q16 Results: Company Sees Challenging Holiday Season Ahead Coresight Research December 2, 2016 Executive Summary Express reported adjusted 3Q16 EPS of $0.11, below the $0.13 consensus estimate and down 64.5% year over year. Revenues totaled $506.1 million, down 7% year over year but above the consensus estimate. Men’s was the strongest product category in the quarter, comping ahead of women’s. E-commerce also performed well, delivering 15% growth following a marketing and merchandising method update designed to enhance selection. The company expects FY16 comparable sales in the negative high-single digits, compared with 6% growth a year ago. Adjusted EPS is expected to be $0.78–$0.82, down from $1.45 a year ago. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: 1Q24 US Retail Inventory Insights: Inventory Turnover Ratios Improve Amid Economic ResilienceUS CPG Sales Tracker: Food & Beverages Category Supports Sustained Mid-Teens CPG E-Commerce GrowthDecember 2023 US Housing Market Indicators: Positive Shifts To Start the New YearDecode the Future of How We Shop, Eat and Play at NextGen Commerce, a Coresight Research Conference—Event Preview