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DXLG’s conservative accounting could explain soft earnings.

1 min read
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TLDR:

Key points:

  • Destination XL Group’s recent earnings report was disappointing for shareholders.
  • Unusual items reduced the company’s profit by US$5.8m in the last twelve months.

The article discusses how unusual expenses might impact the company’s profit and how analysts are forecasting future profitability. While the current earnings may seem soft, there are encouraging factors to consider for investors. The overall earnings potential of Destination XL Group is explored, along with the importance of understanding the risks before investing in the stock.

Valuation of the company is also discussed, with insights on whether Destination XL Group is potentially over or undervalued. The article stresses the need for a thorough understanding of the company’s financial health and potential risks before making investment decisions.


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