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Stock impact report

Why Destination XL Group (DXLG) Is One of the Best Clothing Stocks to Invest in Now? [Yahoo! Finance]

Destination XL Group, Inc. (DXLG) 
Last destination xl group, inc. earnings: 8/24 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.destinationxl.com
Company Research Source: Yahoo! Finance
Group, Inc. (NASDAQ:DXLG) stands against the other best clothing stocks to invest in now. While the inflation figures have come down a little, they are still sticky. More consumers, even at higher income levels, are gravitating towards discounters. The reason is simple: prices are still higher than what they used to be. On November 26, Dana Telsey of Telsey Advisory Group appeared on CNBC to discuss the potential implications of Trump's proposed tariffs on consumer prices and margin challenges for retailers. She said that if the tariffs do come to fruition, the apparel industry will certainly be impacted. It is estimated that up to $80 billion in consumer spending could be impacted, which would require a double-digit increase in prices for some of the apparel goods. Retail stocks are taking center stage with holiday shopping kicking off. However, the consumer spending front presents a dichotomy. While one side shows healthy consumer spending, the other side presents stretched cr Show less Read more
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