Destination XL Group, Inc. (DXLG) - NASDAQ
  • Fri, May 20, 7:23 AM
    • Destination XL Group (NASDAQ:DXLG) reports comparable-store sales rose 2% in Q1.
    • DXL retail stores comp expanded 5.8% for the quarter.
    • Total transactions in DXL stores were up 3.4% Y/Y.
    • Gross margin rate slipped 10 bps to 46.1%.
    • Merchandise margins remained flat Y/Y.
    • SG&A expense rate improved 140 bps to 38.3% due to declines in store opening expenses and advertising expense.
    • EBITDA increased 23.5% to $8.4M.
    • Inventories +1.6% to $125.8M.
    • Store count -12 Y/Y to 345.
    • FY2016 Guidance: Total sales: $465M to $472M; Total comp sales: +4.8% to +5.5%; Gross margin rate: 46.2% to 46.5; EBITDA: $31M to $35M; GAAP EPS:-$0.09 to $0; Non-GAAP EPS: -$0.05 to $0; Capex: ~$30M; Store count: 347.
    | Fri, May 20, 7:23 AM
  • Fri, Mar. 18, 7:30 AM
    • Destination XL Group (NASDAQ:DXLG) reports comparable-store sales rose 3.1% in Q4.
    • DXL retail stores comp increased 8.9% for the quarter.
    • Gross margin rate decreased 210 bps to 45.8%.
    • SG&A expense rate fell 30 bps to 40%.
    • EBITDA dropped 19.8% to $7.3M.
    • Inventories +8.5% to $125M.
    • Store count -8 Y/Y to 345.
    • FY2016 Guidance: Total sales: $465M to $472M; Total comp sales: +4.8% to +5.5%; Gross margin rate: 46.2% to 46.5; EBITDA: $31M to $35M; GAAP EPS:-$0.09 to $0; Non-GAAP EPS: -$0.05 to $0; Capex: ~$30M; Store count: 347.
    | Fri, Mar. 18, 7:30 AM
  • Tue, Feb. 16, 11:02 AM
    • Specialty retail stocks are breaking out of the pack to record strong gains.
    • A number of economists have revised their forecast upward on the part of consumer spending tied to low-ticket household/clothing/recreational items.
    • The Container Store (TCS +10.4%), Zagg (ZAGG +7.9%), Pier 1 Imports (PIR +4.2%), Chico's (FAS +3.4%), Five Below (FIVE +3%), and Destination XL Group (DXLG +5.5%) are notable gainers.
    • The sporting goods sector is also showing strength - Hibbett Sports (HIBB +3.6%), Cabela's (CAB +3.7%), Dick's Sporting Goods (DKS +2.4%), and Big 5 Sporting Goods (BGFV +1.9%) are all ahead of broad market averages.
    | Tue, Feb. 16, 11:02 AM
  • Nov. 20, 2015, 7:27 AM
    • Destination XL Group (NASDAQ:DXLG) reports comparable-store sales rose 4.3 in Q3.
    • DXL retail stores comp grew 9.2% for the period.
    • Total transactions in DXL stores were up 5.8% Y/Y.
    • Gross margin rate increased 170 bps to 45%.
    • SG&A expense rate improved 20 bps to 42.6%.
    • Inventories +5.47% to $133.31M.
    • Store count -7 Y/Y to 354.
    • FY2015 Guidance: Total sales: $438M to $440M; Total comp sales: ~+4% to +4.5%; Gross margin rate: ~45.9%; SG&A: ~$180.5M; D&A: ~$28.1M; Interest expense: ~3.4M; EBITDA: $21M to $22M; Operating margin rate: -1.7% to -1.2%; GAAP EPS:-$0.20 to -$0.23; Non-GAAP EPS: -$0.12 to -$0.14; Capex: $30M to $32M.
    | Nov. 20, 2015, 7:27 AM
  • May 29, 2015, 7:24 AM
    • Destination XL Group (NASDAQ:DXLG) reports comparable-store sales rose 5.5% in Q1.
    • The comp at DXL retail stores was up 8.7%.
    • SG&A expense rate declined 320 bps to 39.7%.
    • Store count +1 Y/Y to 357.
    • FY2015 Guidance: Total sales: $438M to $443M; Total comp sales: ~+5.6%; Gross margin rate: ~45.9%; SG&A: ~$180.5M; D&A: ~$28.5M; Interest expense: ~3.8M; EBITDA: $21M to $23M; Operating margin rate: -1.7% to -1.2%; GAAP EPS:-$0.20 to -$0.23; Non-GAAP EPS: -$0.12 to -$0.14; Capex: $30M to $32M.
    | May 29, 2015, 7:24 AM
  • Mar. 19, 2014, 5:37 PM
    | Mar. 19, 2014, 5:37 PM
  • Dec. 4, 2013, 10:10 AM
    • A negative report from Express (EXPR -20.7%) on Thanksgiving week sales isn't going unnoticed by apparel peers.
    • The comments from execs with Express mirror some of the concerns of retail analysts on promotional activity in the sector and sluggish foot traffic. Earlier: Nomura warns on inventory challenges.
    • Related ETFs: XLY, VCR, FXD, RCD, FDIS, PSCD, PEZ
    • Decliners: Francesca's (FRAN) -2.3%, Gap (GPS) -1.6%, Destination XL (DXLG) -1.4%, Pacific Sunwear (PSUN) -3.2%, Buckle (BKE) -1.1%, American Eagle Outfitters (AEO) -2.5%, Aeropostale (ARO) -3.1%, American Apparel (APP) -1.7%, Abercrombie & Fitch (ANF) -1.9%.
    | Dec. 4, 2013, 10:10 AM
  • Mar. 14, 2013, 8:26 AM

    A big rally in shares of The Men's Warehouse (MW), up 13.8% premarket, could set up peers for a bump after the company says it will explore strategic alternatives for its K&G operations. On watch: JOSB, DXLG, EXPR.

    | Mar. 14, 2013, 8:26 AM
  • Jan. 28, 2013, 9:11 AM

    A profit warning from Jos. A Bank (JOSB) spills over to taint other men's clothing sellers. Shares of The Men's Wearhouse (MW) are down 3.5% premarket and Casual Male (DXLG) is off 1.2%. JOSB has now lopped off 17.5% premarket after the retailer's admission that customers aren't responding to recent promotions begs the question: What's left?

    | Jan. 28, 2013, 9:11 AM | 3 Comments
  • Aug. 18, 2011, 2:25 PM
    Casual Male (CMRG) is one of the few bright spots in the market today, now up over +15% after beating on its Q2 and reaffirming its FY11 forecast for the year.
    | Aug. 18, 2011, 2:25 PM | 1 Comment
  • Aug. 18, 2011, 11:24 AM

    Specialty clothing retailer Casual Male (CMRG +3.2%) gains after reporting Q2 revenue of $100.9M (+4% Y/Y) and EPS of $0.14, beating consensus by $1.4M and $0.01. Same-store sales rose 4.9%. The company expects FY11 revenue of $405M-$410M, in-line with a $407.1M consensus, and free cash flow of $17.5M-$20M. (previously)

    | Aug. 18, 2011, 11:24 AM
Company Description
Destination XL Group, Inc. engages as a specialty retailer of apparel for big and tall men. It operates under the following trade names: Destination XL, DXL, Casual Male XL, Casual Male XL outlets, DXL outlets, Rochester Clothing, ShoesXL, and LivingXL. The company was founded by Calvin Margolis... More
Sector: Services
Industry: Apparel Stores
Country: United States