According to Zacks, "Destination XL Group, Inc. is a multi-channel specialty retailer of big & tall men's apparel with operations throughout the United States, Canada and Europe. It operates under six brands: Destination XL(R), Casual Male XL, Rochester Clothing, B&T Factory Direct, ShoesXL and LivingXL. Its stores offer sportswear, dress clothing, footwear, suits, loungewear, neckwear, and accessories, basic items and lifestyle products. The Company also has electronic commerce and catalog operations. Destination XL Group, Inc., formerly known as Casual Male Retail Group Inc., is headquartered in Canton, Massachusetts. "
Destination XL Group (NASDAQ:DXLG) traded down 1.03% during midday trading on Wednesday, hitting $4.81. The company had a trading volume of 122,155 shares. The stock has a 50 day moving average price of $4.99 and a 200-day moving average price of $4.92. The stock's market capitalization is $235.76 million. Destination XL Group has a 52 week low of $4.28 and a 52 week high of $5.55.
Destination XL Group (NASDAQ:DXLG) last posted its quarterly earnings results on Friday, May 29th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.03. The firm had revenue of $104.40 million for the quarter. During the same quarter in the prior year, the company posted ($0.04) EPS. The business's revenue was up 8.0% on a year-over-year basis. On average, equities analysts predict that Destination XL Group will post ($0.14) EPS for the current year.
A number of other analysts also recently commented on the company. TheStreet downgraded Destination XL Group from a "hold" rating to a "sell" rating in a research report on Friday, May 29th. Brean Capital reaffirmed a "buy" rating and issued a $8.00 price objective on shares of Destination XL Group in a report on Friday, May 29th.
Destination XL Group, Inc. along with its subsidiaries is a specialty retailer of big & tall men's apparel with retail and direct operations in the United States and London, England. The Company operates under the trade names of Destination XL, DXL, Casual Male XL, Casual Male XL Outlets, DXL Outlets, Rochester Clothing, ShoesXL and LivingXL. It operates approximately 138 Destination XL stores, 157 Casual Male XL retail stores, 48 Casual Male XL outlet stores, two DXL outlet stores and eight Rochester Clothing stores. Its direct business includes its DestinationXL.com and bigandtall.com e-commerce sites which support its stores, brands and product extensions. It carries brands, such as Bogosse, Brooks Brothers, Gran Sasso, John Laing, Remy, Jack & Jokers, Psycho Bunny, Derek Rose, Brioni, Coppley, Eton, and Hickey Freeman, among others.
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Source: Destination XL Group Downgraded by Zacks (DXLG)
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