Destination XL Group Inc

NASDAQ DXLG

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Destination XL Group Inc Current Ratio 2 year CAGR for the quarter ending April 30, 2024: 21.61%

Destination XL Group Inc Current Ratio 2 year CAGR is 21.61% for the quarter ending April 30, 2024, a -61.04% change year over year. The current ratio assesses a company's short-term liquidity and its ability to cover its current liabilities with its current assets. It is calculated by dividing current assets by current liabilities. This ratio indicates the number of times a company's current assets can cover its current liabilities. A higher current ratio suggests better liquidity and a stronger ability to meet short-term obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Destination XL Group Inc Current Ratio for the quarter ending April 30, 2023 was 2.67, a 121.78% change year over year.
Destination XL Group Inc Current Ratio for the quarter ending April 30, 2022 was 1.20, a 8.99% change year over year.
Destination XL Group Inc Current Ratio for the quarter ending April 30, 2021 was 1.11, a 32.18% change year over year.
Destination XL Group Inc Current Ratio for the quarter ending April 30, 2020 was 0.84, a -8.48% change year over year.

NASDAQ: DXLG

Destination XL Group Inc

CEO	Mr. Harvey S. Kanter
IPO Date	June 2, 1987
Location	United States
Headquarters	555 Turnpike Street, Canton, MA, United States, 02021
Employees	1,439
Sector	Consumer Cyclical
Industry	Apparel retail

Description

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. It also provides vintage-screen T-shirts and wovens under various private labels. The company offers its products under the trade names of Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, and Casual Male XL outlets. The company was formerly known as Casual Male Retail Group, Inc. and changed its name to Destination XL Group, Inc. in February 2013. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts.

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