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Destination XL Group Inc - DXLG STOCK NEWS

Welcome to our dedicated news page for Destination XL Group (Ticker: DXLG), a resource for investors and traders seeking the latest updates and insights on Destination XL Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Destination XL Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Destination XL Group's position in the market.

News
Destination XL Group, Inc. Reports Fiscal 2023 Fourth Quarter and  Full-Year Financial Results
Rhea-AI Summary
Destination XL Group, Inc. (DXLG) reported full-year sales of $521.8 million, net income of $27.9 million, $0.43 EPS, and adjusted EBITDA of $55.9 million for fiscal year 2023. Despite a challenging retail market in 2023 leading to a 4.6% decrease in comparable sales, the company's operational discipline resulted in an adjusted EBITDA margin of 10.7% for the year. The company's future growth strategy includes initiatives in marketing, store expansion, digital experience enhancement, and collaborations to capture a larger share of the big and tall men's market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.08%
Tags
earnings
-
News
Destination XL Group, Inc. to Announce Fourth Quarter and Fiscal 2023 Financial Results on March 21, 2024
Rhea-AI Summary
Destination XL Group, Inc. (DXLG) will release its fourth quarter and fiscal 2023 financial results on March 21, 2024. The company will host a conference call at 9:00 a.m. ET to discuss the results. Participants can join via conference call or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
earnings
-
News
Destination XL Group, Inc. Reports Holiday Sales Results
Rhea-AI Summary
Destination XL Group, the leading integrated-commerce specialty retailer of Big + Tall men’s clothing and shoes, has narrowed its 2023 full-year sales guidance to $520.0 million to $525.0 million. The company also reported a decrease in total sales and comparable sales for the 9-week holiday sales period ended December 30, 2023, compared to the same period in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.5%
Tags
none
News
Destination XL Group, Inc. Reports Third Quarter Financial Results
Rhea-AI Summary
Destination XL Group, Inc. (NASDAQ: DXLG) reported third-quarter total sales of $119.2 million, a 6.7% decrease in comparable sales, and net income of $0.06 per diluted share. The company also updated its sales and earnings guidance for the fiscal year, highlighting a strong financial position with no debt, $60 million in cash, and over $150 million of stockholders' equity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.84%
Tags
earnings
-
News
Destination XL Group, Inc. to Announce Third Quarter 2023 Financial Results on November 17, 2023
Rhea-AI Summary
Destination XL Group, Inc. to release its Q3 fiscal 2023 financial results on November 17, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
earnings
-
News
Destination XL Group, Inc. Reports Second Quarter Financial Results
Rhea-AI Summary
Destination XL Group reports Q2 financial results, with total sales of $140.0 million, down 3.2% from the previous year. Net income per diluted share was $0.18, compared to $0.85 in Q2 2022. Adjusted net income was $0.23 per diluted share. The company plans to scale investments in growth initiatives, including marketing and brand-building, store development, and alliances/collaborations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
Tags
earnings
News
Destination XL Group, Inc. Announces Employment Contract Extension with Harvey S. Kanter to Continue as its President and Chief Executive Officer Until August 2026
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.12%
Tags
none
-
News
Destination XL Group, Inc. to Announce Second Quarter 2023 Financial Results on August 24, 2023
Rhea-AI Summary
DXLG to Release Q2 Fiscal 2023 Financial Results, President and CEO Harvey Kanter to Host Conference Call at 9:00 a.m. ET. Webcast and conference call details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.58%
Tags
earnings
-
News
Destination XL Group, Inc. Reports First Quarter Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.99%
Tags
earnings
News
Destination XL Group, Inc. to Announce First Quarter 2023 Financial Results on May 25, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
Tags
earnings
Stock DXLG logo
Destination XL Group Inc

Nasdaq:DXLG

DXLG Rankings

#3774 Ranked by Market Cap
#4305 Ranked by Stock Gains
N/A Ranked by Dividends

DXLG Stock Data

190.20M
32.47M
10.47%
84.61%
7.77%
Family Clothing Stores
Retail Trade
Link
India
Canton

About DXLG

destination xl group, inc. is the largest specialty retailer of men’s big and tall apparel…and we’re growing every day! we operate over 350 stores across the country – including dxl, casual male xl and rochester clothing locations – plus a multi-channel website. our corporate headquarters and distribution center are located in canton, ma. at dxlg, we foster an environment of creativity, progressive thinking, team spirit, and the determination to challenge ourselves, as well as those around us. our people are the reason for the success we are today. together we work toward one common goal – to inspire confidence in our guests and provide them with the ultimate shopping experience. we offer a variety of challenging opportunities in our corporate office, call center, distribution center, and stores. if you’re simply looking for a job, we may not be right for you. but if you’re looking for a career – in a dynamic, ever-evolving environment that’s growing in leaps and bounds – we’d like