Express Q2 comparable sales decline 6 percent
For its second quarter, Express, Inc. reported consolidated net sales decrease of 4 percent to 472.7 million dollars, with consolidated comparable sales down 6 percent. Comparable retail sales, which include both Express stores and e-commerce, decreased 7 percent and in total, retail sales decreased to 337.6 million dollars from 373.8 million dollars in the second quarter of 2018. Comparable outlet sales decreased 2 percent but total outlet sales increased to 121.3 million dollars from 107.2 million dollars in the same quarter last year. The company recently also appointed Malissa Akay as Executive Vice President and Chief Merchandising Officer and Sara Tervo as Executive Vice President and Chief Marketing Officer.
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