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. "
Shares of Destination XL Group (NASDAQ:DXLG) traded up 1.69% during midday trading on Monday, reaching $4.81. The company had a trading volume of 128,415 shares. Destination XL Group has a one year low of $4.15 and a one year high of $6.70. The company's market capitalization is $236.25 million. The company has a 50-day moving average price of $5.68 and a 200 day moving average price of $5.30.
Destination XL Group (NASDAQ:DXLG) last announced its quarterly earnings data on Friday, November 20th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.09) by $0.02. The company had revenue of $99.60 million for the quarter. The company's revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm earned ($0.08) EPS. Equities analysts anticipate that Destination XL Group will post ($0.12) earnings per share for the current fiscal year.
DXLG has been the subject of a number of other research reports. Brean Capital reissued a "buy" rating on shares of Destination XL Group in a report on Monday. Sterne Agee CRT reaffirmed a "buy" rating on shares of Destination XL Group in a report on Sunday. TheStreet raised Destination XL Group from a "sell" rating to a "hold" rating in a report on Wednesday, September 9th. Finally, Susquehanna boosted their price objective on Destination XL Group from $7.00 to $8.50 and gave the company a "positive" rating in a research report on Friday, September 4th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Destination XL Group currently has a consensus rating of "Buy" and a consensus price target of $7.10.
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 to "Hold" at Zacks Investment Research (DXLG)
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