Ceo David Levin took discussion of first-quarter results as an opportunity to argue the health of the transitioning business after being put on a default risk list by S&P.
The big and tall men’s retailer will also open fewer DXL stores this year and close 19 Casual Male units.
Starting April 2, ads will begin appearing on TV again targeting big and tall market.
Comparable store sales fell 1.4 percent during the November/December selling period
Comparable-store sales rose 4.6 percent at DXL stores in the second quarter.