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Stock Market & Financial Investment News

News Breaks
December 18, 2012
10:49 EDTDXLGCasual 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.
News For DXLG From The Last 14 Days
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February 1, 2016
08:05 EDTDXLGDestination XL sees Q4 comparable sales up 8.5%
Sees FY15 comparable sales up 9.5%. The company commented, "Sales from our cold-weather assortments got off to a slow start in Q4, as a result of unseasonably warm weather. However, demand began to pick up in early December and continued to improve in January."
08:04 EDTDXLGDestination XL raises FY15 adjusted EPS (12c)-(10c) from (14c)-(12c)
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