Destination XL Sees FY23 Sales Of $535M - $545M Vs. $546.11M Est.
Portfolio Pulse from Benzinga Newsdesk
Destination XL forecasts its FY23 sales to be between $535M and $545M, which is slightly below the estimated $546.11M.
August 24, 2023 | 11:07 am
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NEGATIVE IMPACT
Destination XL's FY23 sales forecast is slightly below the estimated $546.11M, which may negatively impact investor sentiment.
Destination XL's lower than expected sales forecast for FY23 may lead to a negative sentiment among investors, potentially causing a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100