Destination XL Group shares are trading lower after the company reported mixed Q4 results and issued 2024 revenue guidance with a midpoint below estimates.
Portfolio Pulse from Benzinga Newsdesk
Destination XL Group's shares dropped following mixed Q4 results and 2024 revenue guidance that fell short of expectations.
March 21, 2024 | 11:38 am
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Destination XL Group's shares fell due to mixed Q4 earnings and lower-than-expected 2024 revenue guidance.
The company's mixed Q4 results combined with a 2024 revenue guidance that didn't meet analyst expectations likely led to a decrease in investor confidence, resulting in a drop in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100