Destination XL Group Inc

NASDAQ DXLG

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Destination XL Group Inc Return on Tangible Equity (ROTE) for the quarter ending April 30, 2024

Destination XL Group Inc Return on Tangible Equity (ROTE) is NA for the quarter ending April 30, 2024. Return on tangible equity measures the profitability of a company relative to its tangible equity, which is shareholders' equity minus goodwill and intangible assets. It is calculated by dividing the net income by the tangible equity. This ratio indicates the return generated for each unit of tangible equity invested by the shareholders. A higher return on tangible equity suggests better profitability and value creation for the shareholders' tangible investment.

Destination XL Group Inc Return on Tangible Equity (ROTE) for the quarter ending April 30, 2023 was 4.82%.

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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