Destination XL posts 2nd-quarter loss of $4 million

MarketsAssociated Press

Destination XL Group Inc. (DXLG) on Thursday reported a loss of $4 million in its fiscal second quarter.

The Canton, Massachusetts-based company said it had a loss of 8 cents per share. Losses, adjusted for pretax expenses, were 5 cents per share.

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The retailer of big and tall apparel posted revenue of $103.7 million in the period.

Destination XL released its full-year outlook. It expects its annual results to range from a loss of 16 cents per share to a loss of 12 cents per share, with revenue in the range of $413 million to $418 million.

Destination XL shares have fallen 19 percent since the beginning of the year. The stock has dropped 13 percent in the last 12 months.


This story was generated by Automated Insights ( )using data from Zacks Investment Research. A stock research report on DXLG from Zacks is available at:


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