By  on August 30, 2018

Destination XL Group cut its losses in the second quarter as comparable-store sales rose and a spring advertising campaign paid dividends.

In the period ended Aug. 4, the Canton, Mass.-based big and tall men’s retailer said losses fell to $1.2 million, or 2 cents a diluted share, from $3.7 million, or 8 cents a share, in the same quarter last year. Comparable-store sales rose 3.3 percent in the period while total sales rose 0.9 percent to $122.1 million, up from $121.1 million last year.

To continue reading this article...

load comments
blog comments powered by Disqus