![]() Selected Income Statement Information • Free Cash Flow is defined as cash flow from operating activities, less capital expenditures and discretionary store asset acquisitions. $20m $.5m 44.6%-45.2% $148m $385-$395m 2010 Projected Year End $4.3m $3.0m $1.1m Interest Expense $-9.6m $7.6m $26.2m Free Cash Flow 44.4% 42.7% 44.2% Gross Margin $178.1m $178.1m $151.1m SG&A $464.1m $444.2m $395.2m Sales 2007 2008 2009 4 Exhibit 99.1 |
![]() Selected Balance Sheet Information 0 0 0 $10-15m Cash on Hand $3.0m 0 $85.0 m 2010 Projected Year End $17.3m $12.5m $7.6m Fixed Term Loan $41.0m $38.7m $3.5m Borrowing Under Revolver $117.8m $98.6m $90.0m Inventory 2007 2008 2009 • Reduction in Revolver is partially due to the September 2009 sale of stock from a shelf registration which generated approximately $12.5m in net proceeds. 5 |
![]() Rochester • Targets the higher income consumer within the big and tall market – $100,000 per year average salary • 20 store locations in downtown major metropolitan areas and upscale suburbs • Average store size: 8,156 square ft • Average sales / square foot: $239 – Stores carry higher-end designer product – Average transaction size: $300 Rochester * 1 London, United Kingdom Ma-1 DC-1 Locations 8 |
![]() Destination XL Projected Store Openings 2010 Summer 3 stores New Store Location 11,967 Sq Ft Schaumburg, IL Opening Store Closings Type Size Location Under negotiation 13,206 Sq Ft 11,027 Sq Ft 9,758 Sq Ft Fall 1 store New Store Location Los Angeles, CA Fall 2 stores New Store location Las Vegas, NV Summer 2 stores Add 4,500 sq ft to existing Rochester store and Convert Houston, TX Summer 2 stores Convert CM XL Store Memphis, TN 17 |
![]() CMRG Internet Sales by Year $0 $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 2002 2003 2004 2005 2006 2007 2008 2009 25 |