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Destination XL (DXLG)
NASDAQ:DXLG
Earnings Data
Report Date
Aug 28, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.03Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 29, 2025
|% Change Since: -12.71%
|Next Earnings Date:Aug 28, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While there were positive developments in customer initiatives, inventory management, and new product launches, significant challenges remain with overall sales decline, gross margin reduction, and new store performance. The company is focusing on strategic initiatives to stabilize and return to growth.Company Guidance
During the Destination XL Group Inc. First Quarter Fiscal 2025 Financial Results Conference Call, the company reported a 9.4% decline in comparable sales, an improvement from the projected low double-digit decrease. Comp store sales were down 6.6% and direct sales fell 16.2%. The gross margin rate dropped to 45.1% from 48.2% last year due to increased occupancy costs and merchandise markdowns. The company is facing tariff challenges, estimating an additional cost of less than $2 million, or approximately 40 basis points, while trying to mitigate impacts through vendor relationships. The SG&A expenses as a percentage of sales increased to 45%, despite a dollar decrease in expenses. EBITDA was significantly impacted, falling to $100,000 from $8.2 million last year. Liquidity remains stable with $29.1 million in cash and short-term investments and no debt. The company is focused on strategic initiatives, including new promotional strategies, loyalty program enhancements, and technology like FitMAP to drive growth and improve customer engagement.Improvement in Comparable Sales Decline
The company's comparable sales decline improved from an expected 12.5% to 9.4%, indicating a partial recovery driven by strategic initiatives.
Inventory Management Success
Inventory turnover rate improved by over 30% since emerging from the pandemic, with clearance levels aligned with long-term expectations.
Positive Customer Feedback and Initiatives
The Net Promoter Score reached over 80, and initiatives like Fit Exchange and Heroes Discount showed strong customer engagement and spending increases.
Launch of New Brands and Products
Introduction of new brands such as Dickies, Haggar, and Perry Ellis, with Haggar exceeding expectations.
FitMAP Technology Rollout
Launching proprietary FitMAP technology in 52 stores, with plans to expand to 200 stores by 2027, enhancing the big and tall shopping experience.
DXLG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DXLG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 29, 2025 | $1.18 | $1.30 | +10.17% |
Mar 20, 2025 | $2.02 | $1.84 | -8.91% |
Nov 22, 2024 | $2.58 | $2.32 | -10.08% |
Aug 29, 2024 | $2.80 | $2.72 | -2.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Destination XL (DXLG) report earnings?
Destination XL (DXLG) is schdueled to report earning on Aug 28, 2025, TBA Not Confirmed.
What is Destination XL (DXLG) earnings time?
Destination XL (DXLG) earnings time is at Aug 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DXLG EPS forecast?
DXLG EPS forecast for the fiscal quarter 2025 (Q2) is -0.03.