John Kyees - Destination Director
| DXLG Stock | USD 3.16 0.05 1.56% |
Director
Mr. John Edward Kyees is Independent Chairman of the Board, Director of the Company. He was a director since May 2010 and was the Companys Lead Independent Director since February 2017. From February 2014 until May 2014, Mr. Kyees served as Interim Chief Financial Officer of the Company. In 2010, Mr. Kyees retired as the chief investor relations officer from Urban Outfitters, Inc., a retail chain, after serving as chief financial officer from 2003 to 2010. Mr. Kyees serves as lead independent director and chairman of the audit committee of Vera Bradley, Inc., a publiclytraded company. Mr. Kyees is also a director and chairman of the audit committee of Arhaus Furniture, a privatelyheld retailer. Mr. Kyees previously served as director and a member of the audit committee of Hot Topic, Inc., a formerly publiclytraded company. Mr. Kyees previously served as a director and member of the audit committee of Teavana, a publiclytraded company. Mr. Kyees previously served as a director and member of the audit committee of Rackwise, Inc., a publiclytraded company. Mr. Kyees brings to the Board extensive executivelevel retail experience having served as chief financial officer for several prominent retailers. His insight with respect to merchandising, operational activities and finance is an asset to our Board. since 2019.
| Age | 71 |
| Tenure | 5 years |
| Address | 555 Turnpike Street, Canton, MA, United States, 02021 |
| Phone | 781 828 9300 |
| Web | https://www.dxl.com |
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.Similar Executives
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Management Performance
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0742 |
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.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0742 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 286.43 M | ||||
| Shares Outstanding | 57.99 M | ||||
| Shares Owned By Insiders | 10.46 % | ||||
| Shares Owned By Institutions | 84.61 % | ||||
| Number Of Shares Shorted | 4.51 M | ||||
| Price To Earning | 4.95 X |
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
| 0.78 | AN | AutoNation Earnings Call Next Week | PairCorr |
| 0.77 | JD | JD Inc Adr Financial Report 9th of May 2024 | PairCorr |
| 0.73 | AEO | American Eagle Outfitters Sell-off Trend | PairCorr |
| 0.73 | BBY | Best Buy Financial Report 23rd of May 2024 | PairCorr |
| 0.61 | W | Wayfair Sell-off Trend | PairCorr |
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.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.
Complementary Tools for Destination Stock analysis
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.