Allison Surette - Destination Senior Vice President General Merchandise

DXLG Stock  USD 3.27  0.01  0.31%   

President

Ms. Allison Surette is the Senior Vice President General Merchandise Manager of the Company. Prior to that, Ms. Surette was Vice President Merchandise Manager of Private Label, Active, Young Mens and Outerwear since September 2016 since 2018.
Age 43
Tenure 6 years
Address 555 Turnpike Street, Canton, MA, United States, 02021
Phone781 828 9300
Webhttps://www.dxl.com
Surette joined the Company in May 2006 as an Associate Planner and in June 2008, she transitioned into Merchandising as an Associate Buyer for Branded Collections. From October 2010 to January 2014, she served as a Buyer of Traditional Branded Collections and Buyer of Private Label Sportshirts and Outerwear. From January 2014 to September 2016, she was the Senior Buyer of Private Label Sportshirts and Outerwear. Prior to joining the Company, Ms. Surette was a planner for TJX from June 2003 until May 2006.

Allison Surette Latest Insider Activity

Tracking and analyzing the buying and selling activities of Allison Surette against Destination stock is an integral part of due diligence when investing in Destination. Allison Surette insider activity provides valuable insight into whether Destination is net buyers or sellers over its current business cycle. Note, Destination insiders must abide by specific rules, including filing SEC forms every time they buy or sell Destination'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Destination Management Efficiency

The company has return on total asset (ROA) of 0.0742 % which means that it generated a profit of $0.0742 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1947 %, meaning that it created $0.1947 on every $100 dollars invested by stockholders. Destination's management efficiency ratios could be used to measure how well Destination manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.05. The current Return On Capital Employed is estimated to decrease to -0.06. At this time, Destination's Fixed Asset Turnover is most likely to slightly decrease in the upcoming years. The Destination's current Asset Turnover is estimated to increase to 1.59, while Non Current Assets Total are projected to decrease to roughly 107.2 M.
The company currently holds 154.54 M in liabilities with Debt to Equity (D/E) ratio of 1.29, which is about average as compared to similar companies. Destination XL Group has a current ratio of 1.33, which is within standard range for the sector. Debt can assist Destination until it has trouble settling it off, either with new capital or with free cash flow. So, Destination's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Destination XL Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Destination to invest in growth at high rates of return. When we think about Destination's use of debt, we should always consider it together with cash and equity.

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Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall mens clothing and shoes in the United States and Canada. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts. Destination operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 1353 people. Destination XL Group (DXLG) is traded on NASDAQ Exchange in USA. It is located in 555 Turnpike Street, Canton, MA, United States, 02021 and employs 1,439 people. Destination is listed under Specialty Retail category by Fama And French industry classification.

Management Performance

Destination XL Group Leadership Team

Elected by the shareholders, the Destination's board of directors comprises two types of representatives: Destination inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Destination. The board's role is to monitor Destination's management team and ensure that shareholders' interests are well served. Destination's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Destination's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stacey Jones, Chief Officer
Francis Chane, Senior Vice President - Distribution and Logistics
George Porter, Independent Director
Jim Reath, Chief Officer
Harvey Kanter, President CEO, Director
Anthony Gaeta, Senior Vice President
Nancy Youssef, Senior Vice President - International Business Development
John Kyees, Director
Brian Reaves, Sr. VP of Store Sales and Operations
Sahal Laher, Senior Vice President Chief Digital and Information Officer
Willem Mesdag, Director
Jesse Choper, Independent Director
John Cooney, Chief Accounting Officer
Ward Mooney, Independent Director
Walter Sprague, Senior Vice President - Human Resources
Peter Schmitz, Senior Vice President Chief Real Estate Officer
Peter Stratton, CFO, Sr. VP and Treasurer
Robert Molloy, Sr. VP, General Counsel and Secretary
Ivy Ross, Independent Director
Oliver Walsh, Director
Jack Boyle, Director
Derrick Walker, Chief Marketing Officer and Sr. VP
Lionel Conacher, Independent Director
Seymour Holtzman, Chairman of the Board
Jack McKinney, Senior Vice President CIO
Alan Bernikow, Independent Director
Kenneth Ederle, Chief Merchandising Officer and Sr. VP
David Levin, CEO and President and Director
Allison Surette, Senior Vice President General Merchandise
Mitchell Presser, Independent Director
Angela Chan, Senior Vice President Chief Sourcing Officer
Jonathan Sainsbury, Chief Officer
Angela Chew, Senior Vice President - Global Sourcing and Product Development
Robert Bogan, Chief Officer

Destination Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Destination a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Destination in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Destination's short interest history, or implied volatility extrapolated from Destination options trading.

Pair Trading with Destination

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Destination position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Destination will appreciate offsetting losses from the drop in the long position's value.

Moving against Destination Stock

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The ability to find closely correlated positions to Destination could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Destination when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Destination - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Destination XL Group to buy it.
The correlation of Destination is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Destination moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Destination XL Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Destination can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Destination XL Group is a strong investment it is important to analyze Destination's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Destination's future performance. For an informed investment choice regarding Destination Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destination XL Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Destination's price analysis, check to measure Destination's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Destination is operating at the current time. Most of Destination's value examination focuses on studying past and present price action to predict the probability of Destination's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destination's price. Additionally, you may evaluate how the addition of Destination to your portfolios can decrease your overall portfolio volatility.
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Is Destination's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Destination. If investors know Destination will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Destination listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Earnings Share
0.43
Revenue Per Share
8.552
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0742
The market value of Destination XL Group is measured differently than its book value, which is the value of Destination that is recorded on the company's balance sheet. Investors also form their own opinion of Destination's value that differs from its market value or its book value, called intrinsic value, which is Destination's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Destination's market value can be influenced by many factors that don't directly affect Destination's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Destination's value and its price as these two are different measures arrived at by different means. Investors typically determine if Destination is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destination's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.