Destination XL (DXLG)
NASDAQ:DXLG
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Earnings Data
Report Date
Sep 02, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call contained several constructive strategic developments — notably FitMap traction, higher private brand penetration, AI investments, reduced tariff exposure estimate, and available credit — but these positives were outweighed by near-term financial and operational challenges: revenue and comp declines, widened net loss and adjusted EBITDA loss, meaningful reported decline in cash & investments (per CFO), continued store traffic weakness, margin pressure from tariffs/shipping/markdowns, supply chain timing issues, and merger/leadership uncertainty. Management is optimistic about second-half recovery and pursuing cost and portfolio actions, but material risks remain in the near term.Company Guidance
Improved Quarterly Comparable Sales (Best in 3 Years)
Quarterly comparable sales declined 3.8% but represented the company's strongest quarterly comp performance since Q2 FY23; monthly comps were Feb -1.3%, Mar -2.7% and Apr -6.8% (May subsequently ~-5% to -6%). Management views this as indication turnaround initiatives are beginning to gain traction.
FitMap Rollout and Strong Customer Impact
FitMap was rolled out to all 188 stores with >100,000 customer engagements. Customers using FitMap show materially higher performance across metrics: roughly +100 basis points (or more) in conversion versus non-users, double-digit increases in basket/AOV, higher frequency, lower return rates, and improved lifetime value.
Private Brands Penetration
Private brands accounted for 65.9% of first quarter sales versus 65.0% prior year, supporting margin mix and positioning Harbor Bay as an opening-price/value driver.
Strategic Investments: AI and Merchandising
Launched AI initiatives to improve product attributes, discoverability and future conversational commerce readiness; merchandising prioritized value, sharper assortment, promotion rebalancing and inventory flow improvements to protect margin and conversion.
Tariff Exposure Reduced vs Prior Estimate
Estimated tariff impact on gross margin for FY26 revised to ~100 basis points (previous estimate 150 bps). Company submitted a tariff refund claim of approximately $4.0 million through the new CBP portal; timing and realization remain uncertain.
Inventory and Inventory Productivity
Inventory at quarter end was $81.4 million, down $4.1 million year-over-year. Management reports clean and stable inventory levels, strong turnover, and clearance levels in line with a 10% target.
Credit Availability and No Debt
Company has no outstanding debt and availability under its credit facility of $70.0 million (down from $77.1M prior year), providing liquidity optionality to execute initiatives.
Free Cash Flow Improved vs Prior Year
Free cash flow for the first three months was a use of $12.7 million compared with a use of $18.8 million in the prior-year period, reflecting an improvement in cash consumption versus last year.
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 |
|---|---|---|---|
Jun 03, 2026 | $0.69 | $0.68 | -1.59% |
Mar 19, 2026 | $0.55 | $0.52 | -4.95% |
Dec 11, 2025 | $1.56 | $1.14 | -26.92% |
Aug 27, 2025 | $1.30 | $1.31 | +0.77% |
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 Sep 02, 2026, Before Open (Confirmed).
What is Destination XL (DXLG) earnings time?
Destination XL (DXLG) earnings time is at Sep 02, 2026, Before Open (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 2026 (Q2) is -0.04.