Destination XL Group, Inc. Announces Sales Results for the Nine Week Holiday Sales Period Ending December 31, 2016; Provides Sales Guidance for the Fourth Quarter of 2016
January 09, 2017 at 07:56 am
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Destination XL Group, Inc. announced sales results for the nine week holiday sales period ending December 31, 2016. The company announced that total sales for the 9-week holiday sales period ending December 31, 2016 decreased to $97.9 million as compared to $98.2 million for the same period of the prior year. Comparable sales for the same period decreased 1.4%.
Based on the holiday sales results and expectations for the remainder of the fourth quarter, the company has updated guidance to the low-end of its previously announced full-year range.
Destination XL Group, Inc. is a specialty retailer of big and tall men's apparel with retail locations throughout the United States. The Company operates through the Retail segment. It operates under the trade names of Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL and Casual Male XL outlets. It operates approximately 232 DXL retail stores, 15 DXL outlet stores, 17 Casual Male XL retail stores, 19 Casual Male XL outlet stores, and a digital business. Its DXL retail stores, e-commerce site, and mobile application offers its customers merchandise to fit a variety of lifestyles from casual to business, young to mature, in all price ranges and in all large sizes from XL and up. In addition, it also offers a selection of shoes in sizes 10W to 18W on its websites. Its Casual Male XL retail stores primarily carry moderate-priced national brands and its own brands of casual sportswear and dresswear. It also operates Casual Male XL outlets and DXL outlets for its customers.
Destination XL Group, Inc. Announces Sales Results for the Nine Week Holiday Sales Period Ending December 31, 2016; Provides Sales Guidance for the Fourth Quarter of 2016
DESTINATION XL GROUP, INC. 
