Turn's into Profitability, Topline Crumbles

For the fourth quarter 2019 Destination Xl Group Inc turn a round of $0.05 per share compare to $-0.15 a year ago and EPS turn positive from $-0.14 per share from the previous quarter.

Sales faded by -44.91 % to $131 millions from $238 millions in the same quarter a year ago and sequentially Sales improved by 23.14 % from $107 millions.



Company achieved net income of $2.437 millions in the fourth quarter 2019 an improvement versus a net loss of $-9.236 millions in the same quarter a year ago. Destination Xl Group Inc also emphasized it's improving profit margins, where net margin rose to 1.86% in fourth quarter 2019, and operating margin edged up to 2.54%.

Destination Xl Group Inc reported net loss of $-8 millions and Sales of $474 millions for the fiscal year 2019.

Retail Apparel Company has decreased it's loss per share to $-0.16 from $-0.28 in the previous fiscal year, while Sales increased by 0.06 % from $474 millions a year ago.