Destination XL Group Down 9.59% To $4.24 After Earnings

reported that it broke-even during the quarter.

Revenues were downbeat at $0.00. Keep in mind that the revenues reported were on an adjusted basis, so they may not be directly comparable to estimates and prior periods.

The stock is down 9.59% to $4.24 after the report.

Destination XL Group's profit margins maintained as both earnings and revenue declined at the same pace.

Wall Street Analysts had an average rating of Strong Buy on the stock prior to the report.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Destination XL Group has performed a little below average during the past few months. Before the report, Destination XL Group received a Long-Term Technical Rank by InvestorsObserver of 35, putting it in the bottom half of stocks. The firm set a 52-week low on May 25, 2023 at $3.69 and set a 52-week high on February 2, 2023 at $7.57.

Destination XL Group Inc is a retailer of branded and designer men's clothing and footwear in the United States. The company sells shirts, outerwear, suits, sleepwear, footwear and other accessories through branded stores like Polo, Reebok, Oak Hill, Robert Graham, Lacoste, Levi's and True Nation. It also sells products across the world.