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News Breaks | | | | December 18, 2012 | | 10:49 EDT |  | DXLG | Casual Male Retail says to open 32 DXL stores, close 69 CMXL stores in 2012
Sees operating margins in the range of 4%-5%, CapEx $35M. Sees 2013 operating margins 4%-5%, CapEx peaking at $45M. Sees 2013 lease exit and asset impairment charges $8M-$12M. Says will open 60 DXL stores, close 120 CMXL stores in 2013. Sees 2014 operating margins 5%-6%, lease exit and asset impairment charges $5M-$7M. Sees 2014 CapEx $40M. Says will open 60 DXL stores, close 100 CMXL stores in 2014. Comments from investor presentation slides. | |
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News For DXLG From The Last 14 Days Check below for free stories on DXLG the last two weeks. |
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