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. is a multi-channel specialty retailer of big and tall men's apparel with operations throughout the United States, Canada and in London, England. The company's portfolio of brands include Destination XL, Casual Male XL, Rochester Clothing, B&T Factory Direct, ShoesXL... More
Sector: Services
Industry: Apparel Stores
Country: United States