Destination XL Group (NASDAQ:DXLG) issued its earnings results on Friday. The specialty retailer reported ($0.08) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.07), MarketWatch Earnings reports. The company had revenue of $106.58 million during the quarter. Destination XL Group had a negative return on equity of 5.40% and a negative net margin of 2.59%.
DXLG stock traded down $0.01 during mid-day trading on Friday, reaching $1.46. The company had a trading volume of 25,000 shares, compared to its average volume of 54,010. Destination XL Group has a 12 month low of $1.25 and a 12 month high of $2.95. The firm has a 50 day moving average of $1.49 and a 200 day moving average of $1.67. The company has a debt-to-equity ratio of 3.40, a current ratio of 0.91 and a quick ratio of 0.15.
Separately, ValuEngine upgraded shares of Destination XL Group from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd.
Destination XL Group Company Profile
Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men's apparel. Its stores offer sportswear and dress wear; shoes; accessories, such as belts, ties, and socks; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.
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