Destination XL Group, Inc. (NASDAQ:DXLG) Q4 2023 Earnings Call Transcript

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Harvey Kanter : Sure, I’ll take that one. So the biggest piece of it you just mentioned, which is the brand marketing campaignand we’ve mentioned as high as 7.5% of sales this year. That’s a pretty meaningful number for us. The other half of it I would say is it’s SG&A increases due to the other initiatives that we’re pursuing. So whether that’s technology investments, it’s related to store development, site selection and then just general cost increases that we are constantly battling every year, whether that’s inflation in medical plans and benefit plans or insurance rates. But those are the big pieces that are contributing to the decline it is primarily the marketing and then there’s other elements I just mentioned.

Harvey Kanter: Operator, it does not look like there’s any other calls and so without anybody else in the queue, I would say thank you very much for attending our conference call today. We greatly appreciate your ongoing interest in DXL and we look forward to bringing in May our updated quarterly results.

Operator: Thank you for your participation. This does conclude the program and you may now disconnect. Everyone, have a great day.

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