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Destination XL Group Inc Lowers FY 2013 Guidance, Comparable Stores Sales Guidance

Friday, 23 Aug 2013 07:00am EDT 

Destination XL Group Inc announced that based on results for the first half of 2013, its expects comparable sales increase of 6% to 7% and total sales of $395.0 million to $400.0 million; EBITDA (non-GAAP) in the range of $17.0 to $18.0 million, due to lower sales volume at the direct business; operating margins are expected to be approximately (0.5)%; Earnings per diluted share in the range of a net loss of $(0.03) to $(0.05), as a result of the lower sales volume. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $415.6 million, EBITDA of $19.7 million EPS of $0.01 for fiscal 2013. 

Company Quote

0.01 +0.19%
4:00pm EDT