tiprankstipranks
Destination XL reports Q2 adjusted EPS 23c vs 24c last year
The Fly

Destination XL reports Q2 adjusted EPS 23c vs 24c last year

Reports Q2 revenue $140.4M vs $144.634M last year. “Our second quarter comparable sales decrease of 1.4% was in line with our expectations. Despite achieving our quarterly forecast, our consumer is battling ongoing, adverse economic headwinds, and we are trimming our financial outlook for the remainder of the year. We now expect our sales to range from $535.0 million to $545.0 million with an adjusted EBITDA margin of 11.0% to 12.0%,” said Harvey Kanter, President and Chief Executive Officer.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on DXLG:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles