Destination XL Group, Inc. Reports Earnings Results for the Full Year Ended February 03, 2024
March 21, 2024 at 07:23 am EDT
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Destination XL Group, Inc. reported earnings results for the full year ended February 03, 2024. For the full year, the company reported sales was USD 521.82 million compared to USD 545.84 million a year ago. Net income was USD 27.85 million compared to USD 89.12 million a year ago.
Basic earnings per share from continuing operations was USD 0.46 compared to USD 1.42 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to USD 1.33 a year ago.
Destination XL Group, Inc. is a specialty retailer of big and tall men's apparel with retail locations throughout the United States. The Company operates through the Retail segment. It operates under the trade names of Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL and Casual Male XL outlets. It operates approximately 232 DXL retail stores, 15 DXL outlet stores, 17 Casual Male XL retail stores, 19 Casual Male XL outlet stores, and a digital business. Its DXL retail stores, e-commerce site, and mobile application offers its customers merchandise to fit a variety of lifestyles from casual to business, young to mature, in all price ranges and in all large sizes from XL and up. In addition, it also offers a selection of shoes in sizes 10W to 18W on its websites. Its Casual Male XL retail stores primarily carry moderate-priced national brands and its own brands of casual sportswear and dresswear. It also operates Casual Male XL outlets and DXL outlets for its customers.
DESTINATION XL GROUP, INC. 
