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Destination XL reports 1Q loss

CANTON, Mass. (AP) _ Destination XL Group Inc. (DXLG) on Friday reported a fiscal first-quarter loss of $6.1 million, after reporting a profit in the same period a year earlier.

The Canton, Massachusetts-based company said it had a loss of 12 cents per share. Losses, adjusted for pretax expenses, came to 7 cents per share.

The retailer of big and tall apparel posted revenue of $107.6 million in the period.

Destination XL expects full-year results to range from a loss of 14 cents per share to a loss of 6 cents per share, with revenue in the range of $470 million to $480 million.

The company's shares closed at $2. A year ago, they were trading at $4.63.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DXLG at https://www.zacks.com/ap/DXLG


Keywords: Destination XL, Earnings Report