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Stock impact report

Destination XL Group, Inc. Reports Fiscal 2018 Fourth-Quarter and Full Year Financial Results

Destination XL Group, Inc. (DXLG) 
Last destination xl group, inc. earnings: 8/24 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.destinationxl.com
Company Research Source: GlobeNewswire
CANTON, Mass., March 22, 2019 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the largest omni-channel specialty retailer of big & tall men’s apparel in the United States, today reported financial results for the fourth quarter and fiscal year 2018. Highlights Total sales for the 13-week fourth quarter of $131.2 million as compared to the 14-week fourth quarter in the prior year of $135.5 million; total sales for the 52-week year of $473.8 million as compared to the total sales of $468.0 million for the 53-week prior year.Total comparable sales (on a 52-week basis) increased 3.1% for the fourth quarter and 3.0% for the year.Net loss for the quarter was $(7.2) million as compared to prior-year quarter’s net loss of $(3.3) million; net loss for the year was $(13.5) million as compared to $(18.8) million in the prior year.Adjusted net loss for the quarter was $(0.6) million as compared to an adjusted net loss of $(2.7) million in the prior-year quarter; adjusted ne Show less Read more
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