Destination XL Group shares are trading lower after the company reported worse-than-expected Q1 sales results and issued weak FY24 revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
Destination XL Group shares are trading lower after the company reported worse-than-expected Q1 sales results and issued weak FY24 revenue guidance.
May 30, 2024 | 11:32 am
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Destination XL Group shares are trading lower due to disappointing Q1 sales results and weak FY24 revenue guidance.
The company's worse-than-expected Q1 sales results and weak FY24 revenue guidance are likely to negatively impact investor sentiment and drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100