Sep 21, 2022 / 05:00PM GMT
William Gardner -
Good morning, everyone. Thank you to all attending live here in Laguna and via the webcast. My name is Will Gardner, and I work on the Specialty, Retail, Softlines and E-commerce team here at Wells Fargo. This morning, I have the pleasure of hosting the team from Express. With us, we have CFO, Jason Judd; and Head of IR, Greg Johnson, who are going to be discussing everything Express as well as current industry dynamics. So gentlemen, thanks for being here, and we can just kick it off from here.
Questions and Answers:
William Gardner -So why don't we start with just sort of current state of affairs, maybe recap 2Q results, how compared to your outlook?
Jason N. Judd - Express, Inc. - Senior VP, CFO & Treasurer
Sure. So the second quarter for 2022 was a strong quarter for Express. We had a positive 1 comp, continuing to see growth, fifth consecutive positive comp for the brand. It was a good quarter in terms of margin. Margin expansion about 50 basis points. But versus our outlook, it was a miss. We guided
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