Destination XL Group, Inc. (DXLG) News
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Latest DXLG News From Around the Web
Below are the latest news stories about DESTINATION XL GROUP INC that investors may wish to consider to help them evaluate DXLG as an investment opportunity.
Destination XL price target lowered to $3 from $3.50 at DA DavidsonDA Davidson analyst Michael Baker lowered the firm’s price target on Destination XL (DXLG) to $3 from $3.50 and keeps a Buy rating on the shares. The firm cites the Fund 1 Investments having made a takeover bid for the company at $3 per share, which equates to an enterprise value of $128M. Given Fund 1’s bid for Nordstrom (JWN), the Destination XL deal should be favorable from a shareholder perspective given its lower EBITDA margins compared to Nordstrom, the analyst tells investors in a researc |
Destination XL Group, Inc. Confirms Receipt of Non-Binding Proposal from Fund 1 Investments, LLCCANTON, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Destination XL Group, Inc, (NASDAQ: DXLG), the leading integrated - commerce specialty retailer of Big + Tall men’s clothing and shoes, today confirmed that it has received a non-binding proposal from Fund 1 Investments, LLC to acquire all of the outstanding shares of the Company. The Board of Directors regularly reviews opportunities to create and enhance shareholder value and will carefully review and evaluate this proposal and other strategic a |
Amesite And 2 Other Promising US Penny Stocks To WatchAs the U.S. stock market takes a breather from its recent rally, investors are keenly awaiting the upcoming jobs report to gauge future economic prospects. In this context, penny stocks—though an older term—remain relevant for those interested in smaller or less-established companies with potential value and growth opportunities. By focusing on firms with strong financials and clear growth paths, investors can uncover promising candidates among these under-the-radar stocks. |
There May Be Some Bright Spots In Destination XL Group's (NASDAQ:DXLG) EarningsThe most recent earnings report from Destination XL Group, Inc. ( NASDAQ:DXLG ) was disappointing for shareholders... |
Are Destination XL Group, Inc.'s (NASDAQ:DXLG) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?It is hard to get excited after looking at Destination XL Group's (NASDAQ:DXLG) recent performance, when its stock has... |
Destination XL Group, Inc. Reports Third Quarter Financial ResultsSales of $107.5 million, Net Loss of $(0.03) per diluted share, Lowers GuidanceCANTON, Mass., Nov. 22, 2024 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated-commerce specialty retailer of Big + Tall men’s clothing and shoes, today reported operating results for the third quarter of fiscal 2024, and updated sales and earnings guidance for the fiscal year. Third Quarter Financial Highlights Total sales for the third quarter were $107.5 million, down 9.8% from $ |
US Penny Stocks Spotlight: Destination XL Group And Two Others To ConsiderAs the U.S. stock market reaches new record highs, investor attention is focused on the Federal Reserve's upcoming interest rate decision. Amidst this backdrop, penny stocks continue to capture interest for their potential to offer growth opportunities outside of traditional large-cap investments. While historically considered risky, these smaller or newer companies can provide value when backed by strong financial health and a clear growth trajectory. |
Destination XL Group, Inc. to Announce Third Quarter 2024 Financial Results on Friday, November 22, 2024Company to Webcast Conference Call Live at 9:00 a.m. ETCANTON, Mass., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall men’s clothing and shoes, announced today it will release its third quarter of fiscal 2024 financial results before the market opens on Friday, November 22, 2024. President and Chief Executive Officer Harvey Kanter and Executive Vice President, Chief Financial Officer, and Treasurer Peter Stratton |
Those who invested in Destination XL Group (NASDAQ:DXLG) five years ago are up 114%It hasn't been the best quarter for Destination XL Group, Inc. ( NASDAQ:DXLG ) shareholders, since the share price has... |
Destination XL Group (NASDAQ:DXLG) Might Have The Makings Of A Multi-BaggerWhat are the early trends we should look for to identify a stock that could multiply in value over the long term... |