Destination XL Group, Inc. (NASDAQ:DXLG) Q3 2022 Results Conference Call November 17, 2022 9:00 AM ET

Company Participants

Shelly Mokas - VP, SEC and Financial Reporting

Harvey Kanter - President and CEO

Peter Stratton - CFO

Conference Call Participants

Mike Baker - D.A. Davidson

Jeremy Hamblin - Craig Hallum

Operator

Good day, ladies and gentlemen, and welcome to the Destination XL Group Incorporated, Third Quarter Fiscal 2022 Financial Results Conference Call. Today's call is being recorded. At this time, I would like to turn the call over to Ms. Shelly Mokas, Vice President of Financial Reporting and SEC Compliance at DXL. Please go ahead, Shelly.

Shelly Mokas

Thank you, Latanya, and good morning, everyone. Thank you for joining us on Destination XL Group's third quarter fiscal 2022 earnings call. On our call today is our President and Chief Executive Officer, Harvey Kanter; and our Chief Financial Officer, Peter Stratton.

During today's call, we will discuss some non-GAAP metrics to provide investors with useful information about our financial performance. Please refer to our earnings release, which was filed this morning and is available on our Investor Relations website at investor.dxl.com for an explanation and reconciliation of such measures.

Today's discussion also contains certain forward-looking statements concerning the Company's sales and earnings guidance and other expectations for fiscal 2022. Such forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those assumptions mentioned today due to a variety of factors that affect the Company.

Information regarding risks and uncertainties is detailed in the Company's filings with the Securities and Exchange Commission. I would now like to turn the call over to our CEO, Harvey Kanter. Harvey?

Harvey Kanter

Thank you, Shelly, and good morning, everyone. I'm grateful for the opportunity to speak with you today about DXL's third quarter results, and our continued commitment to the transformational strategy we have been consistently working towards since 2019 and that is delivering our results.

Since I joined the organization in 2019, the world and macroeconomic conditions have certainly shifted each and every year, but our defined strategy has not, and this has driven outcomes in the face of headwinds. We know who we are, we know what we do and we know who we do it for. And our commitment to the big and tall consumer is relentless.

At DXL, big and tall is all we do, and our positioning is in direct contrast to other retailers. The big and tall man has largely been ignored by the broader apparel industry. Few brands, fewer styles and sizing based on someone else's definition of regular, limit him every time he tried to find clothing.