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Benzinga
Benzinga
Business
Benzinga Insights

Destination XL Group Earnings Perspective: Return On Capital Employed

Destination XL Group

According to Benzinga Pro data Destination XL Group (NASDAQ:DXLG) posted a 27.44% decrease in earnings from Q3. Sales, however, increased by 9.85% over the previous quarter to $133.45 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Destination XL Group is not utilizing their capital as effectively as possible. Destination XL Group reached earnings of $13.66 million and sales of $121.49 million in Q3.

Why Is ROCE Significant?

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