Destination XL Group (DXLG) Expected to Announce Quarterly Earnings on Thursday

Destination XL Group (NASDAQ:DXLG - Get Free Report) is expected to be issuing its Q1 2026 quarterly earnings data before the market opens on Thursday, May 29th. Analysts expect the company to announce earnings of ($0.06) per share and revenue of $103.50 million for the quarter.

Destination XL Group (NASDAQ:DXLG - Get Free Report) last posted its quarterly earnings results on Thursday, March 20th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. The firm had revenue of $119.20 million during the quarter, compared to analyst estimates of $120.93 million. Destination XL Group had a net margin of 1.98% and a return on equity of 7.21%.

Destination XL Group Trading Up 5.5%

DXLG stock traded up $0.06 during trading on Tuesday, hitting $1.15. The company had a trading volume of 322,889 shares, compared to its average volume of 291,259. The company has a fifty day moving average price of $1.16 and a two-hundred day moving average price of $2.04. Destination XL Group has a fifty-two week low of $0.90 and a fifty-two week high of $3.93. The company has a market cap of $61.55 million, a P/E ratio of 7.67 and a beta of 0.98.

Institutional Investors Weigh In On Destination XL Group

A hedge fund recently raised its stake in Destination XL Group stock. Jane Street Group LLC lifted its stake in shares of Destination XL Group, Inc. (NASDAQ:DXLG - Free Report) by 32.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 63,044 shares of the company's stock after purchasing an additional 15,593 shares during the period. Jane Street Group LLC owned approximately 0.12% of Destination XL Group worth $92,000 at the end of the most recent reporting period. 73.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, DA Davidson cut their price objective on Destination XL Group from $3.00 to $2.50 and set a "buy" rating for the company in a research report on Friday, March 21st.

About Destination XL Group

Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States. The company's stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.