earnings
confidence high
sentiment negative
materiality 0.65
DXLG: Holiday sales down 8.7%; narrows FY2023 guidance to $520M-$525M
DESTINATION XL GROUP, INC.
- 9-week holiday sales $102.4M vs $111.7M prior year; comp sales down 8.7%.
- FY2023 sales guidance narrowed to $520M-$525M (prior $520M-$530M).
- GAAP EPS guidance narrowed to $0.39-$0.43 (prior $0.39-$0.46).
- Adjusted EPS guidance narrowed to $0.45-$0.49 (prior $0.45-$0.52).
- Adjusted EBITDA margin guidance 10.0%-10.5% (prior 10.0%-11.0%).