Destination XL Group, Inc. (NASDAQ:DXLG) Q3 2023 Earnings Conference Call November 17, 2023 9:00 AM ET

Company Participants

Shelly Mokas - Vice President of Financial Reporting and SEC

Harvey Kanter - President and Chief Executive Officer

Peter Stratton - Chief Financial Officer

Conference Call Participants

Michael Baker - D.A. Davidson

Jeremy Hamblin - Craig-Hallum Capital Markets Group

Raphi Savitz - RYS Advisors

Operator

Good day, and thank you for standing by. Welcome to Destination XL Group Incorporated's Third Quarter 2023 Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

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

Shelly Mokas

Thank you, Norma, and good morning, everyone. Thank you for joining us on Destination XL Group's third quarter fiscal 2023 earnings call.

On our call today are 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, long-range strategic plan and other expectations for fiscal 2023. 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 appreciate the opportunity to speak with you all.

For the agenda today, I'm going to give you a quick review of our third quarter results and then give you an update on some of our key initiatives. I'll talk a bit about our expectations for the fourth quarter, and then touch on our evolving brand building and growth strategies that we see coming to life in 2024. At that point, I will turn it over to Peter for some more specific comments on our third quarter financial performance and an update on our outlook for the rest of the year.