NASDAQ$DXLG

Destination XL Group Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

DXL Group reported an increase in fourth-quarter comparable sales and earnings per share.

Destination XL Group, Inc. reported financial results for the fourth quarter and fiscal year 2019. Total sales for the fourth quarter were $131.2 million, an increase of $0.1 million from the prior year. Net income for the quarter was $2.4 million, compared to a net loss of $(7.2) million for the same quarter last year.

  • Total sales for the fourth quarter increased by $0.1 million to $131.2 million.
  • Comparable sales for the fourth quarter increased by 1.1%.
  • Net income for the quarter was $2.4 million, compared to a net loss of $(7.2) million in the prior-year quarter.
  • On a non-GAAP basis, adjusted net income for the quarter was $2.6 million, compared to an adjusted net loss of $(0.6) million in the prior-year quarter.

Headline financials

Total Revenue

$131M

Previous: $131M+0.1%
EPS (adj)

$0.05

Previous: -$0.01+600.0%
Direct sales percentage

27.4%

Previous: 24.8%+10.5%
Adjusted EBITDA

$9.9M

Previous: $6.8M+45.6%
Comparable sales growth

1.1%

Previous: 0.0%
Free Cash Flow

$2.4M

No prior period
Net Income

$2.4M

No prior period
Operating Income

$3.33M

No prior period
Gross Profit

$56.4M

No prior period
Cash & Equivalents

$4.34M

No prior period
Total Assets

$391M

No prior period

Revenue & EPS history

DXL · Revenue · Quarterly

$131M

Q4 2019+0.1%vs Q4 2018
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

Due to the rapidly changing environment with COVID-19, the company is not providing specific sales, earnings, or cash flow guidance. They are evaluating potential business scenarios and are currently taking actions which include reducing operating expenses, reducing capital expenditures, and reducing inventory purchases while remaining focused on liquidity preservation.

Tailwinds

  • Reducing operating expenses
  • Reducing capital expenditures
  • Reducing inventory purchases
  • Remaining focused on liquidity preservation
  • Evaluating potential business scenarios

Headwinds

  • Rapidly changing environment with COVID-19
  • Not providing specific sales guidance
  • Not providing specific earnings guidance
  • Not providing specific cash flow guidance
  • Uncertain impact on business from COVID-19

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+3.6%

Avg return

Earnings day

+6.0%

Avg return

5 days after

+1.7%

Avg return

30 days after

51%

30 / 59 earnings

Positive

+53.5%

Q1 2020

Best reaction

-26.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025-12.9%
Q3 2025-26.9%-32.1%-39.7%
Q2 2025+0.8%-0.8%+3.8%
Q1 2025+10.2%-12.7%-4.2%
Q4 2024-8.4%-21.8%-49.0%
Q3 2024-11.6%-8.9%-15.5%
Q2 2024-1.8%-3.6%+4.3%
Q1 2024-0.6%+2.8%+2.0%
Q4 2023-6.7%-6.7%-9.2%
Q3 2023-11.3%-14.5%-4.1%
Q2 2023-1.0%+3.6%+2.6%
Q1 2023+9.7%+7.6%+27.6%
Q4 2022-5.1%-9.8%-14.2%
Q3 2022-2.2%+3.3%-10.7%
Q2 2022+32.9%+40.5%+26.2%
Q1 2022+5.7%+11.4%-12.6%
Q4 2021+17.5%+7.2%+15.5%
Q3 2021-2.3%-2.6%-35.5%
Q2 2021+24.2%+32.6%+16.8%
Q1 2021+42.9%+52.2%+53.9%
Q4 2020+19.4%+19.4%+115.3%
Q3 2020-5.3%+3.0%-36.4%
Q2 2020+24.1%+10.3%-17.2%
Q1 2020+53.5%+116.7%+61.1%
Q4 2019+43.5%+60.9%+39.1%
Q3 2019-3.4%-15.8%-17.8%
Q2 2019+4.0%+2.9%-9.2%
Q1 2019-2.8%-3.9%-6.1%
Q4 2018-1.1%-2.3%-15.6%
Q3 2018-2.6%-3.7%-22.1%
Q2 2018+18.3%+18.0%+7.3%
Q1 2018+3.0%+3.0%+36.4%
Q4 2017-13.0%-19.6%-21.7%
Q3 2017-16.3%-13.0%-8.7%
Q2 2017+6.2%+15.6%+21.9%
Q4 2016+4.2%+8.3%+6.2%
Q3 2016-15.5%-14.4%-15.5%
Q2 2016-10.2%-13.9%-17.2%
Q1 2016+11.1%+8.9%+6.2%
Q3 2015+0.0%
Q2 2015+26.9%
Q1 2015+7.7%
Q4 2014-0.2%
Q3 2014+3.9%
Q2 2014-5.7%
Q1 2014-1.1%
Q4 2013-7.2%
Q3 2013+10.4%
Q2 2013+6.7%
Q1 2013+2.0%
Q4 2012+7.0%
Q1 2012-2.4%
Q4 2010-2.9%
Q3 2012-7.1%
Q2 2011+1.2%
Q2 2012+1.2%
Q4 2011+1.2%
Q3 2011+0.2%
Q1 2011+2.5%

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