Destination XL Sees FY24 Revenue In The Low-End Of Previous $500M Outlook, With A Mid-Single Digit Decrease In Comparable Sales
Portfolio Pulse from Benzinga Newsdesk
Destination XL (DXLG) has revised its FY24 revenue outlook to the low end of its previous $500 million estimate, with a mid-single digit decrease in comparable sales.
May 30, 2024 | 11:09 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Destination XL (DXLG) has revised its FY24 revenue outlook to the low end of its previous $500 million estimate, with a mid-single digit decrease in comparable sales.
The revision to the low end of the revenue outlook and the expected decrease in comparable sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100