Destination XL GroupDXLG
DXLG
About: Destination XL Group Inc is a retailer of branded and Tall men's clothing and shoes in the United States. It also sells products across the world. The company sells its products under the trade names Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, and Casual Male XL outlets.
Employees: 1,439
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
110% more call options, than puts
Call options by funds: $61K | Put options by funds: $29K
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
5% more funds holding
Funds holding: 93 [Q2] → 98 (+5) [Q3]
3.14% less ownership
Funds ownership: 82.08% [Q2] → 78.95% (-3.14%) [Q3]
22% less capital invested
Capital invested by funds: $174M [Q2] → $135M (-$38.8M) [Q3]
23% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 31
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$3
12%
upside
Avg. target
$3
12%
upside
High target
$3
12%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
DA Davidson Michael Baker 66% 1-year accuracy 27 / 41 met price target | 12%upside $3 | Buy Maintained | 24 Dec 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
Destination XL Group, Inc. Confirms Receipt of Non-Binding Proposal from Fund 1 Investments, LLC
CANTON, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Destination XL Group, Inc, (NASDAQ: DXLG), the leading integrated - commerce specialty retailer of Big + Tall men's clothing and shoes, today confirmed that it has received a non-binding proposal from Fund 1 Investments, LLC to acquire all of the outstanding shares of the Company.
Neutral
Seeking Alpha
2 months ago
Destination XL's Q3 Was Weak, And The Name Is Now In Unprofitable Territory
Destination XL Group, Inc. reported a 10-11% drop in comparable sales for Q3 2024, leading to a significant margin decline and a second guidance cut this year. Despite efforts to maintain margins, the company has resorted to aggressive discounting to compete, impacting future margins and profitability. DXLG's valuation is distressed, reflecting its current unprofitability; however, a 10% sales improvement could make the stock attractive given its low EV.
Neutral
Seeking Alpha
2 months ago
Destination XL Group, Inc. (DXLG) Q3 2024 Earnings Call Transcript
Destination XL Group, Inc. (NASDAQ:DXLG ) Q3 2024 Earnings Conference Call November 22, 2024 9:00 AM ET Company Participants Shelly Mokas - Vice President of Financial Reporting and SEC Compliance Harvey Kanter - President, Chief Executive Officer and Director Peter Stratton - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Michael Baker - D.A. Davidson Operator Good day, everyone, and welcome to the Destination XL Group Third Quarter Fiscal 2024 Financial Results Conference Call.
Neutral
GlobeNewsWire
2 months ago
Destination XL Group, Inc. Reports Third Quarter Financial Results
Sales of $107.5 million, Net Loss of $(0.03) per diluted share, Lowers Guidance Sales of $107.5 million, Net Loss of $(0.03) per diluted share, Lowers Guidance
Neutral
GlobeNewsWire
2 months ago
Destination XL Group, Inc. to Announce Third Quarter 2024 Financial Results on Friday, November 22, 2024
CANTON, Mass., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall men's clothing and shoes, announced today it will release its third quarter of fiscal 2024 financial results before the market opens on Friday, November 22, 2024.
Negative
Seeking Alpha
4 months ago
Destination XL: Problems Worse Than I Thought, Discount To Earnings Not Enough
Destination XL Group, Inc.'s Q2 2024 results were poor, with comparables worsening and traffic issues, leading to a downgrade to a Hold due to execution problems. The company lowered its FY24 sales guidance again, now expecting $470-$490 million, reflecting a 10% decline in comparables. Management cited low store traffic and underpricing by carried brands, indicating model issues and slow adaptation to market conditions.
Neutral
Seeking Alpha
4 months ago
Destination XL Group, Inc. (DXLG) Q2 2024 Earnings Call Transcript
Destination XL Group, Inc. (NASDAQ:DXLG ) Q2 2024 Earnings Conference Call August 29, 2024 9:00 AM ET Company Participants Shelly Mokas - Vice President of Financial Reporting and SEC Compliance Harvey Kanter - President and Chief Executive Officer Peter Stratton - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Jeremy Hamblin - Craig-Hallum Capital Markets Keegan Cox - D.A. Davidson Operator Good day everyone and welcome to the Destination XL Group, Inc. Second Quarter Fiscal 2024 Financial Results Conference Call.
Neutral
GlobeNewsWire
4 months ago
Destination XL Group, Inc. Reports Second Quarter Financial Results
Sales of $124.8 million, Net Income of $0.04 per diluted share, Revises Full-Year Guidance Sales of $124.8 million, Net Income of $0.04 per diluted share, Revises Full-Year Guidance
Neutral
GlobeNewsWire
5 months ago
Destination XL Group, Inc. to Announce Second Quarter 2024 Financial Results on August 29, 2024
CANTON, Mass., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall men's clothing and shoes, announced today it will release its second quarter of fiscal 2024 financial results before the market opens on Thursday, August 29, 2024.
Neutral
GlobeNewsWire
6 months ago
Destination XL Group, Inc. Investors: Company Investigated by the Portnoy Law Firm
Investors can contact the law firm at no cost to learn more about recovering their losses
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