Destination XL Group Management
Management criteria checks 2/4
Destination XL Group's CEO is Harvey Kanter, appointed in Apr 2019, has a tenure of 5.67 years. total yearly compensation is $5.96M, comprised of 14.5% salary and 85.5% bonuses, including company stock and options. directly owns 0.77% of the company’s shares, worth $912.16K. The average tenure of the management team and the board of directors is 6.6 years and 6.5 years respectively.
Key information
Harvey Kanter
Chief executive officer
US$6.0m
Total compensation
| CEO salary percentage | 14.5% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.8% |
| Management average tenure | 6.6yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Destination XL: A Revised Strategy Is Needed, Sell Until Then
Dec 20Some May Be Optimistic About Destination XL Group's (NASDAQ:DXLG) Earnings
Nov 29
A Look At The Intrinsic Value Of Destination XL Group, Inc. (NASDAQ:DXLG)
Nov 25Destination XL's Q3 Was Weak, And The Name Is Now In Unprofitable Territory
Nov 22Destination XL: Problems Worse Than I Thought, Discount To Earnings Not Enough
Aug 30It's Unlikely That Destination XL Group, Inc.'s (NASDAQ:DXLG) CEO Will See A Huge Pay Rise This Year
Aug 01Destination XL: Q1 Was Bad As Expected; However, The Stock Is Still A Buy
May 31Destination XL Is Resilient, Has A Growth Plan, And Is Cheap At These Prices (Rating Upgrade)
Mar 29Destination XL Group's (NASDAQ:DXLG) Conservative Accounting Might Explain Soft Earnings
Mar 28Destination XL Group, Inc.'s (NASDAQ:DXLG) Shares Lagging The Market But So Is The Business
Mar 22Destination XL Is Turning Around And Fairly Valued, But Not An Opportunity
Mar 05Destination XL Group: Solid Development But Patience Needed
Feb 23What Is Destination XL Group, Inc.'s (NASDAQ:DXLG) Share Price Doing?
Dec 12What Is Destination XL Group, Inc.'s (NASDAQ:DXLG) Share Price Doing?
May 24Here's Why We Think Destination XL Group (NASDAQ:DXLG) Is Well Worth Watching
Feb 22We Like Destination XL Group's (NASDAQ:DXLG) Returns And Here's How They're Trending
Oct 07Destination XL CMO Ujjwal Dhoot to depart, James Reath to succeed
Sep 20Destination XL Group: Another Solid Quarter
Sep 14Volume Breakout Report: September 3, 2022 (Technical Analysis)
Sep 04Destination XL Group, Inc. (NASDAQ:DXLG) Shares Fly 33% But Investors Aren't Buying For Growth
Aug 27Destination XL Q2 2023 Earnings Preview
Aug 24Is It Time To Consider Buying Destination XL Group, Inc. (NASDAQ:DXLG)?
Jul 19Destination XL Group: I'm Liking The Picture Less
Jun 29Under The Bonnet, Destination XL Group's (NASDAQ:DXLG) Returns Look Impressive
Jun 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 02 2024 | n/a | n/a | US$10m |
| Aug 03 2024 | n/a | n/a | US$15m |
| May 04 2024 | n/a | n/a | US$25m |
| Feb 03 2024 | US$6m | US$866k | US$28m |
| Oct 28 2023 | n/a | n/a | US$31m |
| Jul 29 2023 | n/a | n/a | US$37m |
| Apr 29 2023 | n/a | n/a | US$83m |
| Jan 28 2023 | US$4m | US$831k | US$89m |
| Oct 29 2022 | n/a | n/a | US$91m |
| Jul 30 2022 | n/a | n/a | US$94m |
| Apr 30 2022 | n/a | n/a | US$61m |
| Jan 29 2022 | US$4m | US$735k | US$57m |
| Oct 30 2021 | n/a | n/a | US$42m |
| Jul 31 2021 | n/a | n/a | US$21m |
| May 01 2021 | n/a | n/a | -US$14m |
| Jan 30 2021 | US$2m | US$687k | -US$65m |
| Oct 31 2020 | n/a | n/a | -US$57m |
| Aug 01 2020 | n/a | n/a | -US$57m |
| May 02 2020 | n/a | n/a | -US$46m |
| Feb 01 2020 | US$3m | US$672k | -US$8m |
Compensation vs Market: Harvey's total compensation ($USD5.96M) is above average for companies of similar size in the US market ($USD654.40K).
Compensation vs Earnings: Harvey's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Harvey Kanter (62 yo)
5.7yrs
Tenure
US$5,959,023
Compensation
Mr. Harvey S. Kanter has been President, Chief Executive Officer and Director of Destination XL Group, Inc. since April 1, 2019. He joined Destination XL Group, Inc. in February 2019 in a transition role a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.7yrs | US$5.96m | 0.77% $ 912.2k | |
| Executive VP | 10.5yrs | US$1.05m | 0.44% $ 517.0k | |
| General Counsel & Secretary | 14.7yrs | US$948.33k | 0.46% $ 539.8k | |
| Chief Stores & Real Estate Officer | 7.1yrs | US$872.76k | 0.29% $ 338.9k | |
| Chief Merchandising Officer | 6.6yrs | US$847.63k | 0.16% $ 187.2k | |
| Senior VP | 10.5yrs | no data | 0.13% $ 157.7k | |
| Chief Technology Officer | 1.1yrs | no data | 0.023% $ 27.8k | |
| Chief Marketing Officer | 2.3yrs | no data | 0.039% $ 45.8k | |
| Chief Human Resources Officer | 3.8yrs | no data | 0.21% $ 244.0k | |
| Senior Vice President of Supply Chain & Customer Fulfillment | 13.5yrs | US$419.42k | 0.30% $ 354.1k | |
| Chief Digital & Analytics Officer | 2.2yrs | no data | no data | |
| Director of Financial Reporting - SEC Compliance | no data | no data | no data |
6.6yrs
Average Tenure
53yo
Average Age
Experienced Management: DXLG's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.7yrs | US$5.96m | 0.77% $ 912.2k | |
| Independent Director | 10.9yrs | US$144.99k | 1.04% $ 1.2m | |
| Independent Chairman of the Board | 6.5yrs | US$195.00k | 0.57% $ 673.0k | |
| Independent Director | 11.9yrs | US$145.00k | 0.40% $ 468.9k | |
| Independent Director | 7.3yrs | US$144.98k | 0.96% $ 1.1m | |
| Independent Director | 3.7yrs | US$134.98k | 0.20% $ 236.1k | |
| Independent Director | 3yrs | US$134.99k | 0.11% $ 125.6k |
6.5yrs
Average Tenure
62yo
Average Age
Experienced Board: DXLG's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/11/02 |
| Annual Earnings | 2024/02/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Destination XL Group, Inc. is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Elizabeth Pierce Ladd | Ascendiant Capital Markets LLC |
| Mark Montagna | Avondale Partners |
| Elizabeth Pierce Ladd | Brean Capital |