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Destination Xl Group Inc (NASDAQ: DXLG) |
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Price: $1.7100
$-0.05 
-2.841%
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| Day's High:
| $1.78
| Week Perf:
| -14.93 %
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| Day's Low: |
$ 1.65 |
30 Day Perf: |
-27.54 % |
| Volume (M): |
246 |
52 Wk High: |
$ 3.93 |
| Volume (M$): |
$ 421 |
52 Wk Avg: |
$2.94 |
| Open: |
$1.78 |
52 Wk Low: |
$1.65 |
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| Market Capitalization (Millions $) |
104 |
| Shares
Outstanding (Millions) |
61 |
| Employees |
1,000 |
| Revenues (TTM) (Millions $) |
466 |
| Net Income (TTM) (Millions $) |
3 |
| Cash Flow (TTM) (Millions $) |
-16 |
| Capital Exp. (TTM) (Millions $) |
28 |
Destination Xl Group Inc
Destination XL Group Inc is an American retail company that specializes in men's big and tall clothing. The company was founded in 1976, initially as a catalog retailer, and later expanded into the brick-and-mortar retail space. The company is headquartered in Canton, Massachusetts, and has over 200 stores across the United States.
Destination XL Group Inc offers a wide range of clothing, footwear, and accessories for men of all sizes, with particular focus on the big and tall market. The company's product lines include casual wear, formal wear, athletic wear, swimwear, and coats and jackets. In addition, they offer footwear ranging from casual shoes to dress shoes, as well as accessories such as belts, hats, and sunglasses.
The company also offers a variety of services, including free alterations, personalized styling, and an online sizing guide. Destination XL Group Inc provides a convenient and welcoming shopping experience for men with larger body types, who may have difficulty finding clothing that fits them properly in traditional retail stores.
In addition to its retail locations, Destination XL Group Inc operates an e-commerce store, which allows customers to shop from the comfort of their own homes. The company maintains a strong social media presence, with active profiles on Facebook, Twitter, and Instagram.
Overall, Destination XL Group Inc is a leading retailer in the men's big and tall clothing market, offering a wide range of high-quality products and services to meet the unique needs of this customer base. The company's commitment to customer service and convenience has helped it establish a loyal following of customers across the United States.
Company Address: 555 Turnpike Street Canton 2021 MA
Company Phone Number: 828-9300 Stock Exchange / Ticker: NASDAQ DXLG
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| Product Service News
Published Mon, May 13 2024 10:00 AM UTC
CANTON, Mass., May 13, 2024 - Destination XL Group, Inc. (Nasdaq: DXLG), the leading integrated commerce specialty retailer for Big + Tall men s clothing and shoes, has recently unveiled a groundbreaking multichannel marketing campaign. In collaboration with creative agency Barrett Hofherr and media agency Mediassociates, the campaign aims to address a longstanding issue fac...
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| Partnership
Published Mon, Apr 29 2024 6:30 PM UTC
DXL Big + Tall Announces Strategic Collaboration with Nordstrom to Bring Fit Expertise to More Big + Tall CustomersCANTON, Mass., April 29, 2024 - Destination XL Group, Inc. (Nasdaq: DXLG), the leading retailer specializing in Big + Tall men s clothing and shoes, is thrilled to announce a strategic collaboration with Nordstrom, Inc., one of the top fashion retailers in the i...
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| Destination Xl Group Inc
Despite the recent challenges faced by the stock market, there are plenty of reasons to remain optimistic about the future. Although Destination Xl Group Inc, a leading retail apparel company, experienced a decline in revenue and profitability in the third quarter of 2023, there are several positive trends and indicators that should not go unnoticed.
First and foremost, it is important to acknowledge that the decrease in revenue and bottom-line performance was primarily due to softness in sales. However, it is crucial to understand that this decline was relatively moderate, with revenue dropping by only -8.529% to $118.61 million compared to the same quarter the previous year. Furthermore, it is important to note that the company's revenue for the preceding quarter was $139.38 million, indicating that the third-quarter decline is not an ongoing trend.
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| Destination Xl Group Inc
Despite facing some challenges, Destination Xl Group Inc, a prominent Retail Apparel company, has managed to navigate through a volatile financial span from May to July 2023. While the company's earnings per share witnessed a significant decline of -78.82% to $0.18 per share compared to $0.85 the previous year, there is room for optimism as the income per share surged by an impressive 63.64% from $0.11 per share in the prior quarter.
Although the revenue contracted by -3.633% to $139.38 million, in comparison to $144.63 million in the same quarter the previous year, there has been a sequential revenue growth of 11.11% from $125.44 million, indicating a positive trend.
It is worth noting that the net income of $11.633 million during this period saw a decline by -79.57% from $56.942 million in the corresponding period a year ago. However, it is important to analyze the overall profitability of Destination Xl Group Inc during this financial span. The operating margin slipped to 13.97%, while the net margin shrank to 8.35%.
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| Destination Xl Group Inc
The news from Destination Xl Group Inc's recent financial report paints a bleak picture of the company's financial health. The significant decline in earnings per share by -45% to $0.11 and revenue decrease by -1.734% to $125.44 million for the February to April 29, 2023 period compared to the same period last year should be a cause for concern for investors.
Furthermore, the company's profits have fallen from $0.13 per share, and revenue has deteriorated by -12.814% from $143.88 million in the prior reporting period. The -47.96% drop in net profits of $6.967 million in the February to April 29, 2023 period from $13.388 million in the corresponding period a year before is particularly alarming.
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| Per Share |
Current |
| Earnings (TTM) |
0.05 $ |
| Revenues (TTM) |
7.63 $
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| Cash Flow (TTM) |
- |
| Cash |
0.79 $
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| Book Value |
2.31 $
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| Dividend (TTM) |
0 $ |
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| Per Share |
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| Earnings (TTM) |
0.05 $
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| Revenues (TTM) |
7.63 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.79 $
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| Book Value |
2.31 $ |
| Dividend (TTM) |
0 $ |
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| Retail Store Sales |
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 70.9 % |
of total Revenue |
| Retail Direct Sales |
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29.16 % |
of total Revenue |
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On May 30 2024 the Destination Xl Group Inc provided following guidance
### Destination XL Group, Inc. Releases First Quarter Financial Results and Provides 2024 Guidance
nnJune 1, 2023nn ? Destination XL Group, Inc. has officially reported its financial performance for the first quarter of the fiscal year. According to the company's latest release, the quarter closed with sales reaching an impressive $115.5 million. Net income for the quarter was recorded at $0.06 per diluted share.
In addition to the quarterly results, Destination XL Group, Inc. has provided a detailed financial outlook for the rest of the fiscal year. While the company has confirmed the lower end of its full-year guidance, it remains optimistic about achieving its targets amid a challenging mark...
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5.04%