Express 2010 Annual Report Download - page 50
Download and view the complete annual report
Please find page 50 of the 2010 Express annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40 -
41 -
42 -
43 -
44 -
45 -
46 -
47 -
48 -
49 -
50 -
51 -
52 -
53 -
54 -
55 -
56 -
57 -
58 -
59 -
60 -
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
 |
 |
(3) Comparable sales have been calculated based upon stores that were open at least thirteen full months as of the end
of the reporting period. For 2010 and 2009, comparable sales include e-commerce merchandise sales. Excluding
c-commerce sales, comparable sales increased (decreased) 7% and (6)% for 2010 and 2009, respectively. For the
year ended February 3, 2007, which was a fifty-three week year, sales from the fifty-third week were excluded
from the calculation to present comparable periods.
(4) Net sales per gross square foot is calculated by dividing net sales for the applicable period by the average gross
square footage during such period. For the purpose of calculating net sales per gross square foot, e-commerce
sales and other revenues are excluded from net sales.
(5) Working capital is defined as current assets, less cash and cash equivalents, less current liabilities excluding the
current portion of long-term debt.
34