Destination XL’s (DXLG) Profit Surge Can’t Outrun Its Traffic Problem

On September 9, Destination XL Group (NASDAQ:DXLG) reported second-quarter results that tell two different stories depending on which line you read. Net sales fell 3.4% to $111.6 million, and comparable sales dropped 3.5%, yet adjusted EBITDA jumped to $7.7 million from $4.7 million a year earlier. Interim CEO Lionel Conacher framed the quarter as proof […]

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