Edition:
United States

Destination XL Group Inc (DXLG.OQ)

DXLG.OQ on NASDAQ Stock Exchange Global Select Market

2.52USD
11 Dec 2018
Change (% chg)

-- (--)
Prev Close
$2.52
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
20,353
52-wk High
$3.50
52-wk Low
$1.45

Latest Key Developments (Source: Significant Developments)

Glenn Krevlin Says Sent A Letter To The Board Of Destination Xl Group
Tuesday, 11 Sep 2018 04:57pm EDT 

Sept 11 (Reuters) - Destination XL Group Inc ::GLENN J. KREVLIN SAYS ON SEPTEMBER 11, SENT TO THE BOARD OF DIRECTORS OF DESTINATION XL GROUP INC A LETTER - SEC FILING.GLENN J. KREVLIN SAYS IN LETTER, INDICATED HIS INTEREST IN JOINING DESTINATION XL'S BOARD & HIS CONCERN WITH RESPECT TO SEARCH FOR A NEW CEO OF THE CO.  Full Article

Destination XL Group Q4 Sales Rose 10.5 Pct To $135.5 Mln
Friday, 23 Mar 2018 07:00am EDT 

March 23 (Reuters) - Destination Xl Group Inc ::DESTINATION XL GROUP, INC. REPORTS FOURTH-QUARTER AND FISCAL 2017 FINANCIAL RESULTS.Q4 LOSS PER SHARE $0.07.Q4 SALES ROSE 10.5 PERCENT TO $135.5 MILLION.SEES FY 2018 ADJUSTED LOSS PER SHARE $0.12 TO $0.22.SEES FY 2018 GAAP LOSS PER SHARE $0.17 TO $0.29.Q4 ADJUSTED LOSS PER SHARE $0.05.TOTAL COMPARABLE SALES INCREASED 4.3% FOR QUARTER.SEES 2018 CAPITAL EXPENDITURES OF APPROXIMATELY $11.4 MILLION.AT END OF FISCAL 2018, EXPECT CASH FLOW FROM OPERATING ACTIVITIES OF $20.5 MILLION TO $26.5 MILLION.INVENTORY WAS $103.3 MILLION AT FEBRUARY 3, 2018 COMPARED WITH $117.4 MILLION AT JANUARY 28, 2017.SEES 2018 SALES EXPECTED TO RANGE FROM $462.0 MILLION TO $472.0 MILLION, WITH TOTAL COMP SALES INCREASE OF ABOUT 1.0% TO 3.0%.  Full Article

Destination XL Group November Same Store Sales Rose 0.9 Pct
Monday, 8 Jan 2018 07:00am EST 

Jan 8 (Reuters) - Destination Xl Group Inc ::FOR DECEMBER, TOTAL SALES INCREASED 4.2 PCT TO $63.9 MILLION COMPARED TO $61.3 MILLION; COMPARABLE SALES INCREASED 4.3 PCT.NOVEMBER SALES ROSE 2.2 PCT TO $37.4 MILLION.NOVEMBER SAME STORE SALES ROSE 0.9 PCT.EXPECTS TO ACHIEVE LOW-END OF RANGE OF PREVIOUSLY ANNOUNCED GUIDANCE FOR FISCAL 2017.  Full Article

Destination XL Group reports Q3 adjusted loss per share $0.07
Friday, 17 Nov 2017 07:00am EST 

Nov 17 (Reuters) - Destination Xl Group Inc :Destination XL Group, Inc. reports third quarter financial results.Q3 loss per share $0.12.Q3 sales rose 1.8 percent to $103.7 million.Q3 same store sales fell 0.1 percent.Q3 adjusted loss per share $0.07.Destination XL Group Inc sees ‍fiscal 2017 total sales are expected to range from $466.0 million to $470.0 million​.Destination XL Group Inc sees ‍fiscal 2017 comparable sales being flat to an increase of 2.0%​.Destination XL Group Inc sees ‍fiscal 2017 capital expenditures of approximately $22.0 million​.Destination XL Group Inc sees ‍ fiscal 2017 gross margin rate of approximately 45.0% to 45.5%​.Sees FY 2017 adjusted non-GAAP loss per share $0.21 to $0.25.Destination -‍ unseasonably warm weather, disruption from hurricanes Irma, Harvey, no incremental marketing support all led to 5% decline in store traffic​.Destination XL Group Inc - sees ‍FY 2017 net loss, on a GAAP basis, decreased from previous guidance, to $0.35 to $0.42 per diluted share​.Destination - sees ‍2017 cash flow from operating activities $31 to $35 million, resulting in free cash flow after capex for new DXL stores of $9 to $13 million​.Destination XL Group Inc - ‍inventory was $119.9 million at Oct 28, 2017 and $128.2 million at Oct 29, 2016​.Destination XL Group Inc - ‍"expect markdowns to return to a more normalized level in Q4 with a merchandise margin consistent with prior year​".  Full Article

Destination XL posts Q2 loss of $0.08 per share
Thursday, 24 Aug 2017 07:00am EDT 

Aug 24 (Reuters) - Destination Xl Group Inc :Q2 loss per share $0.08.Q2 sales rose 2.8 percent to $121.1 million.Q2 same store sales rose 0.1 percent.Q2 earnings per share view $-0.02 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted non-GAAP loss per share $0.14 to $0.21.Sees FY 2017 GAAP loss per share $0.24 to $0.34.Sees FY 2017 sales $470 million to $480 million.Q2 adjusted loss per share $0.05.Company is updating guidance as it relates to gross margin, SG&A, EBITDA and earnings for fiscal 2017..For FY17 expects capital expenditures of approximately $22.0 million.  Full Article

Destination XL Group posts Q1 adj. loss per share $0.07
Friday, 19 May 2017 07:00am EDT 

May 19 (Reuters) - Destination XL Group Inc :Destination XL Group Inc reports first quarter financial results.Q1 loss per share $0.12.Q1 sales $107.7 million versus I/B/E/S view $109.2 million.Q1 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Q1 adjusted loss per share $0.07.Destination XL Group Inc - reaffirmed fiscal 2017 outlook.Destination XL Group Inc - inventory was $121.4 million at April 29, 2017 compared with $117.4 million at January 28, 2017.Destination XL Group Inc - "our April performance exceeded our expectations with positive comp of 6.4 pct, positive trend has continued in May".  Full Article

Destination XL group reports Q4 EPS $0.04
Monday, 20 Mar 2017 07:00am EDT 

Destination Xl Group Inc : Destination xl group, inc. Reports fourth-quarter and fiscal 2016 financial results . Q4 earnings per share $0.04 . Q4 sales $122.6 million versus I/B/E/S view $126.8 million . Q4 earnings per share view $0.01 -- Thomson Reuters I/B/E/S . Sees FY 2017 adjusted non-GAAP loss per share $0.06 to $0.14 . Sees FY 2017 GAAP loss per share $0.11 to $0.23 . Sees FY 2017 sales $470 million to $480 million . Q4 adjusted earnings per share $0.02 . Sees 2017 capital expenditures of approximately $22.0 million, $8.3 million . Authorized company to repurchase up to $12.0 million of its common stock through open market . Says DXL comparable store sales decreased 1.9 pct for quarter . Stock repurchase program is expected to commence in Q1 of fiscal 2017 and will expire on February 3, 2018 . FY2017 earnings per share view $-0.05, revenue view $453.4 million -- Thomson Reuters I/B/E/S .Sees 2017 cash flow from operating activities of $37.0 million to $42.0 million.  Full Article

Destination XL Group, Inc. announces holiday sales results
Monday, 9 Jan 2017 07:00am EST 

Destination Xl Group Inc : Destination XL Group, Inc. Announces holiday sales results and updates guidance . Destination XL Group Inc - comparable sales decreased 1.4% for 9-week holiday sales period ending december 31, 2016 . Destination XL group Inc - expect to meet low-end of sales, ebitda and earnings guidance for year .Destination XL - total sales for 9-week holiday sales period ending Dec 31, 2016 decreased to $97.9 million versus $98.2 million for same period of prior year.  Full Article