(NASDAQ:DXLG) to report earnings on Nov, 17 for the fiscal quarter ending Oct 2017. The firm had revenue of $103.70 million during the quarter, compared to the consensus estimate of $109.00 million. Destination XL Group had a negative return on equity of 8.87% and a negative net margin of 2.75%. During the same period in the prior year, the firm earned ($0.05) EPS. The firm's quarterly revenue was up 1.8% compared to the same quarter previous year.
Shares of Destination XL Group (DXLG) opened at $1.83 on Friday. With short interest at 5,980,293 and short average daily volume at 190,002, days to cover is 31.0 and the percentage of shorted shares was 0.12% on October 13. The biggest holder now is Mr. Seymour Holtzman who owns 4,206,064 shares (8.64% of those outstanding), whilst Mr. David A. Levin holds 1,143,549 (2.35% of shares outstanding) and Mr. Dennis R. Hernreich holds 411,736 (0.85% of shares outstanding). Destination XL Group has a 52 week low of $1.46 and a 52 week high of $4.55.
Total shares held by institutions as of the most recent company filings are 38,208,782 with a reported 1,857,631 bought and 1,605,200 sold.
Destination XL Group, Inc.is a specialty retailer of men's apparel with retail and direct operations in the United States and London, England. The legal version of this article can be read at https://www.dispatchtribunal.com/2017/11/17/destination-xl-group-inc-dxlg-announces-quarterly-earnings-results.html. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the company's stock. Destination XL Group now has a consensus rating of "Buy" and an average target price of $3.00. 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.