Express maneuvers to dodge bankruptcy

By  
Artur Stańczuk
February 18, 2024
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Summary:

As Q3 debt hits $274.7M, up from $235.4M in 2022, Express Inc. haggles with creditors, eyeing a lifeline away from Chapter 11. Amidst a potential product drought, Q3 reveals a $454M revenue rise yet a $36.8M net loss. The plot thickens with a 5% YoY sales jump, despite a looming delisting shadow.

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