Edition:
United Kingdom

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. 

Company Quote

2.18
0.0 +0.00%
24 Apr 2019