earnings
confidence high
sentiment positive
materiality 0.70
Destination XL holiday sales $106.6M, raises net income and EBITDA guidance
DESTINATION XL GROUP, INC.
- Holiday 9-week sales $106.6M vs $78.4M prior year and $103.1M in fiscal 2019.
- Comparable sales vs fiscal 2019 up 11.4%; direct business +32.0%, stores +3.2%.
- FY2021 net income guidance raised to $0.80-$0.85 diluted EPS from $0.72-$0.80.
- Adjusted EBITDA guidance raised to $74-78M from $70-75M; free cash flow >$65M from >$55M.