SA Transcripts • Fri, Nov. 21
Be smarter and faster with PRO Alerts on DXLG
From other sites
at CNBC.com (Sep 8, 2014)
at CNBC.com (Aug 13, 2014)
at CNBC.com (Aug 12, 2014)
There is research on this stock available only to PRO subscribers.
Fri, Nov. 21, 9:48 AM
- Destination XL (NASDAQ:DXLG) reports comparable-store sales rose 5.5% in Q3.
- Gross margin rate declined 90 bps to 43.27% as a result of a decrease in merchandise margins associated with the increased promotional activity to drive Casual Male XL customers to the DXL stores.
- SG&A expense rate increased 330 bps due to increase in payroll related costs.
- Inventory +5.69% Y/Y to $126.4M.
- Store count dropped 3.73% Y/Y to 361.
- FY2014 Guidance: Sales: $413M to $418M; Comparable-store sales: +12.0% to +13.0%; Gross profit margin: 45.5% TO 46.1%; SG&A costs: $176M to $177.6M; EBITDA: $12.4M to $15.6M; Operating margin loss: -2.0% to -2.8%; EPS: -$0.21 to -$0.27; Non-GAAP EPS: -$0.12 to -$0.16; Capital Expenditure: ~$36.4M; Borrowings: $55M to $60M; Store count: 352.
- DXLG +7.65% premarket.
Fri, Nov. 21, 7:04 AM
Thu, Aug. 28, 7:09 AM
Thu, May. 29, 7:31 AM
- Destination XL (DXLG) reports comparable-store sales rose 3.4% in FQ1.
- The company's performance was led by the DXL brand which showed a 12.8% comp while Casual Male XL and Rochester Clothing combined for 1.4%.
- Gross profit rate fell 180 bps to 45.4% due to higher occupancy costs and a drop in merchandise margin.
Thu, May. 29, 7:11 AM
Tue, Apr. 8, 11:36 AM
- Visits to fine dining establishments rose 5% in 2013 to make up a little ground from the sharp fall following the 2008 market swoon.
- Traffic for the segment outpaced the general restaurant industry which showed flat results.
- Perhaps of interest to suit sellers (MW, JOSB, DXLG), one of the ways fine dining operators (DFRG, RUTH, BLMN) noted that they boosted traffic was by adopting looser dress codes.
Wed, Mar. 19, 5:37 PM
Fri, Mar. 14, 7:09 AM
Tue, Mar. 11, 6:39 AM
Fri, Jan. 31, 1:45 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%.
Nov. 22, 2013, 7:06 AM| Comment!
Oct. 9, 2013, 9:41 AM
- Destination XL Group (DXLG +1.4%) trades higher after the pursuit of The Men's Wearhouse by Jos. A Bank raises the profile of the retailer.
- Analysts think consolidation of struggling apparel companies will be on tap this year, but finding the right combination to create synergies could prove difficult.
Aug. 23, 2013, 7:16 AM| Comment!
May. 24, 2013, 7:04 AM
Mar. 15, 2013, 7:06 AM
DXLG vs. ETF Alternatives
Destination XL Group Inc along with its subsidiaries is engaged in specialty retail of big & tall men's apparel with retail and direct operations in the United States and London, England and direct operations in Canada.
Other News & PR