Destination XL Group, Inc. (NASDAQ:DXLG) Q1 2022 Earnings Conference Call May 26, 2022 9:00 AM ET

Company Participants

Shelly Mokas - Vice President, SEC and Financial Reporting

Harvey Kanter - President and CEO

Peter Stratton - Chief Financial Officer

Conference Call Participants

Jeremy Hamblin - Craig-Hallum

Raphi Savitz - RYS Advisors

Operator

Good day and thank you for standing by. Welcome to the Q1 2022 Destination XL Group Incorporated Earnings Call. At this time all participants are in a listen-only mode. After the speaker’s presentation there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to our speaker today, Shelly Mokas, Vice President of SEC and Financial Reporting. Please go ahead.

Shelly Mokas

Thank you, Tanya, and good morning, everyone. Thank you for joining us on Destination XL Group’s first 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, including, but not limited to, the crisis in Ukraine, supply chain disruption, labor availability and disruption from COVID-19. 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 thrilled to speak with you today about our first quarter results and the progress we’re making against our goals and objectives this year. Well, our earnings call covered a lot of ground regarding 2022 strategic plan. Today’s remarks are purposely briefer and meant to provide a higher level update on progress to-date, as well as a preview of what is to come. We truly value the engagement both on these calls and with the investor community, and respectfully want to ensure ample time for follow-up questions and other further discussions.