Destination XL reports Q2 EPS 0c vs 4c last year

Reports Q2 revenue $115.5M vs $124.8M last year. “DXL continues to act with agility to address shifts in consumer behavior, while staying focused on positioning the Company for long-term growth. Our second quarter results continue to reflect Big & Tall sector softness, plus the macroeconomic challenges and geopolitical environment affecting consumer discretionary spending. Over the past year, our customer has been gravitating more towards lower priced goods and select promotions, signaling a consumer who is carefully choosing where and how he spends his money,” said Harvey Kanter, President and CEO.