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Destination XL Group Inc (DXLG.OQ)

DXLG.OQ on NASDAQ Stock Exchange Global Select Market

2.60USD
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Glenn Krevlin Says Reaffirmed His Interest In Joining Destination XL Group Board
Tuesday, 18 Sep 2018 

Sept 17 (Reuters) - Destination XL Group Inc ::GLENN J. KREVLIN - KREVLIN REAFFIRMED HIS INTEREST IN JOINING DESTINATION XL GROUP INC'S BOARD OF DIRECTORS - SEC FILING.GLENN J. KREVLIN - KREVLIN VOICED ADDITIONAL CONCERNS WITH RESPECT TO DESTINATION XL GROUP INC'S CEO SELECTION PROCESS.GLENN J. KREVLIN - "STRONGLY BELIEVE THE EXISTING SEARCH SHOULD BE TERMINATED, A NEW FIRM AND NEW PROCESS SHOULD COMMENCE".  Full Article

Destination Xl Group Reports Q2 Loss Per Share $0.02
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Destination XL Group Inc ::DESTINATION XL GROUP, INC. REPORTS SECOND QUARTER FINANCIAL RESULTS.Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.01.Q2 LOSS PER SHARE $0.02.Q2 SALES ROSE 0.9 PERCENT TO $122.2 MILLION.Q2 SAME STORE SALES ROSE 3.3 PERCENT.DESTINATION XL GROUP - REAFFIRMING 2018 EARNINGS GUIDANCE.  Full Article

DSW Q1 Adjusted Earnings Per Share $0.39
Wednesday, 30 May 2018 

May 30 (Reuters) - DSW Inc ::. REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.39.Q1 EARNINGS PER SHARE $0.30.Q1 REVENUE $712 MILLION VERSUS I/B/E/S VIEW $682.3 MILLION.Q1 SAME STORE SALES ROSE 2.2 PERCENT.Q1 EARNINGS PER SHARE VIEW $0.37 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $1.52 TO $1.67.FY EARNINGS PER SHARE VIEW $1.63 -- THOMSON REUTERS I/B/E/S.  Full Article

Destination Xl Group Reports Q1 Adj. Loss Per Share Of $0.05
Wednesday, 30 May 2018 

May 30 (Reuters) - Destination XL Group Inc ::DESTINATION XL GROUP INC REPORTS FIRST QUARTER FINANCIAL RESULTS.Q1 LOSS PER SHARE $0.06.Q1 SALES ROSE 5.3 PERCENT TO $113.3 MILLION.Q1 SAME STORE SALES ROSE 2.2 PERCENT.SEES FY 2018 ADJUSTED LOSS PER SHARE $0.11 TO $0.18.Q1 ADJUSTED LOSS PER SHARE $0.05.UPDATES FISCAL 2018 GUIDANCE.DESTINATION XL GROUP - MARKETING SPEND FOR 2018 EXPECTED TO BE APPROXIMATELY $24.0 MILLION.EXPECT TO INCUR APPROXIMATELY $1.7 MILLION IN Q2 FOR SEVERANCE AND OTHER RESTRUCTURING CHARGES.SEES FISCAL 2018 SALES OF $462.0 MILLION TO $472.0 MILLION.EXPECT TO INCUR APPROXIMATELY $4.2 MILLION BEFORE END OF FISCAL 2018 ASSOCIATED WITH CEO TRANSITION COSTS.SEES FISCAL 2018 TOTAL COMPANY COMPARABLE SALES INCREASE OF APPROXIMATELY 1.0% TO 3.0%, UNCHANGED FROM PREVIOUS GUIDANCE.SEES 2018 LOSS PER SHARE, ON A GAAP BASIS, OF $0.27 TO $0.37.  Full Article

Destination Xl Group Committs To Restructuring Plan, Sees To Remove 15% Of Corportate Workforce
Wednesday, 16 May 2018 

May 16 (Reuters) - Destination XL Group Inc ::DESTINATION XL GROUP INC - ON MAY 16, 2018, DESTINATION XL GROUP COMMITTED TO A CORPORATE RESTRUCTURING PLAN.DESTINATION XL GROUP INC - RESTRUCTURING PLAN EXPECTS TO ELIMINATE APPROXIMATELY 56 POSITIONS.DESTINATION XL GROUP INC - CO EXPECTS TO INCUR CHARGES IN Q2 OF FISCAL 2018 OF ABOUT $1.7 MILLION.DESTINATION XL GROUP INC - CASH EXPENDITURES ASSOCIATED WITH RESTRUCTURING ARE EXPECTED TO BE APPROXIMATELY $1.3 MILLION.DESTINATION XL GROUP INC - AS A RESULT OF RESTRUCTURING, CO EXPECTS TO REALIZE SAVINGS OF ABOUT $5.6 MILLION IN SG&A EXPENSES IN FISCAL 2018.  Full Article

Destination XL Group November Same Store Sales Rose 0.9 Pct
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Destination Xl Group Inc ::FOR DECEMBER, TOTAL SALES INCREASED 4.2 PCT TO $63.9 MILLION COMPARED TO $61.3 MILLION; COMPARABLE SALES INCREASED 4.3 PCT.NOVEMBER SALES ROSE 2.2 PCT TO $37.4 MILLION.NOVEMBER SAME STORE SALES ROSE 0.9 PCT.EXPECTS TO ACHIEVE LOW-END OF RANGE OF PREVIOUSLY ANNOUNCED GUIDANCE FOR FISCAL 2017.  Full Article

Destination XL Group reports Q3 adjusted loss per share $0.07
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Destination Xl Group Inc :Destination XL Group, Inc. reports third quarter financial results.Q3 loss per share $0.12.Q3 sales rose 1.8 percent to $103.7 million.Q3 same store sales fell 0.1 percent.Q3 adjusted loss per share $0.07.Destination XL Group Inc sees ‍fiscal 2017 total sales are expected to range from $466.0 million to $470.0 million​.Destination XL Group Inc sees ‍fiscal 2017 comparable sales being flat to an increase of 2.0%​.Destination XL Group Inc sees ‍fiscal 2017 capital expenditures of approximately $22.0 million​.Destination XL Group Inc sees ‍ fiscal 2017 gross margin rate of approximately 45.0% to 45.5%​.Sees FY 2017 adjusted non-GAAP loss per share $0.21 to $0.25.Destination -‍ unseasonably warm weather, disruption from hurricanes Irma, Harvey, no incremental marketing support all led to 5% decline in store traffic​.Destination XL Group Inc - sees ‍FY 2017 net loss, on a GAAP basis, decreased from previous guidance, to $0.35 to $0.42 per diluted share​.Destination - sees ‍2017 cash flow from operating activities $31 to $35 million, resulting in free cash flow after capex for new DXL stores of $9 to $13 million​.Destination XL Group Inc - ‍inventory was $119.9 million at Oct 28, 2017 and $128.2 million at Oct 29, 2016​.Destination XL Group Inc - ‍"expect markdowns to return to a more normalized level in Q4 with a merchandise margin consistent with prior year​".  Full Article

BRIEF-Destination Xl Group Submits Notice Of Intention To Nominate 4 Candidates To Stand For Election To Co's Board

* DESTINATION XL GROUP - AFFILIATE OF CANNELL CAPITAL LLC, SUBMITTED NOTICE OF INTENTION TO NOMINATE 4 CANDIDATES TO STAND FOR ELECTION TO CO'S BOARD Source text: (https://bit.ly/2rme1MQ) Further company coverage: