Express second-quarter profit rises 7 percent
Apparel and accessories retailer Express Inc reported a 7 percent increase in quarterly profit as it attracted more customers.
Net income for the quarter ended August 3 rose to $16.9 million, or 20 cents per share, from $15.8 million, or 18 cents per share, a year earlier.
Revenue rose 7 percent to $486.2 million.
Same-store sales, which include e-commerce sales, increased 6 percent.
(Reporting by Maria Ajit Thomas and Aditi Shrivastava in Bangalore; Editing by Saumyadeb Chakrabarty)