The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Michael Baker - DA Davidson & Co - Analyst
: Okay. Congratulations on the transaction. Can I follow up on Jeremy's question about the capital structure? Again, forgive my ignorance,
maybe it's in here somewhere. But -- so just to be clear, we're not issuing any more stock here. It's still the same, roughly, what, 58 million
shares of stock outstanding. Is that right? So that same stock outstanding number that we're using?
Question: Michael Baker - DA Davidson & Co - Analyst
: So I guess then you got to -- do we know how much stock is going to be issued or what the -- how much we're --
Question: Michael Baker - DA Davidson & Co - Analyst
: Understood. Okay. I got you. Okay. And then for -- again, on the capital structure, is there -- so the $172 million term loan, that's -- FullBeauty
doesn't come with any debt? Because I know in the past, FullBeauty had existing debt, but has that been paid down? Or is there FullBeauty
existing debt that we need to consider?
Question: Michael Baker - DA Davidson & Co - Analyst
: Okay. Okay. That helps clear it up. Now can I ask -- so based on the trailing 12-month numbers that you provided of $1.2 billion and $45
million in EBITDA. And we know DXLG's last 12 months numbers of about $445 million and I'm missing my numbers, but about $6 million
in trailing 12-month EBITDA. So we can back into what FullBeauty would be doing over the last 12 months, which, correct me if I'm wrong,
but that seems to be down a little bit from the last -- I think FullBeauty, the last time we have numbers from you was from your ICR presentation
for fiscal year 2023.
So I guess -- again, following up on a previous question, can -- Jim, can you talk about the types of trends you've been seeing in terms of
top line growth or declines in EBITDA profitability over the last couple of years?
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