Express is fashion’s latest victim.
The retailer’s shares sank on the heels of its disappointing first-quarter report Thursday. It closed at $6.27, down more than 19 percent.
With Thursday’s losses, the stock has tumbled more than 56 percent over the past 12 months and is down about 40 percent for the year-to-date period.
First-quarter same-store sales, including those made on its e-commerce platform, fell 10 percent, compared to a 3 percent drop in the same period a year ago, Express said Thursday.
