Destination XL Group gains on Q2 rev beat

Destination XL

24/08/2023 19:04

** Shares of men's apparel retailer Destination XL Group Inc
 DXLG.O  up 0.8% at $4.22
    ** Co posts Q2 rev of $140.0 mln, above analysts est. of
$138.6 mln - Refinitiv 
    ** Co reports Q2 profit of 18 cents per share, in line with
analyst estimates
    ** For the remainder of the year, co expects sales to range
from $535.0 mln to $545.0 mln with adj EBITDA margin of 11.0% to
12.0 - CEO
    ** Including session's move, DXLG down 37.7% YTD
    

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))