Welcome to our dedicated page for Destination Xl news (Ticker: DXLG), a resource for investors and traders seeking the latest updates and insights on Destination Xl stock.
Destination XL Group, Inc. reports developments as an integrated commerce retailer focused on Big + Tall men's apparel and footwear. The company operates DXL Big + Tall retail and outlet stores, Casual Male XL stores, DXL.com and a mobile app, with a merchandising model that includes national brands, private brands and fit-related technology such as FiTMAP®.
Recurring news for DXLG covers quarterly and fiscal results, earnings calls, assortment strategy, store and digital commerce updates, product and technology launches, and corporate disclosures tied to material agreements, capital structure, governance and shareholder voting matters.
Destination XL Group (NASDAQ: DXLG) announced that its Board, after consulting external legal and financial advisors, unanimously recommends that stockholders reject Zodiac Partners II’s revised, unsolicited tender offer of $0.84 per share in cash and not tender their shares.
The Board believes the modestly increased offer still undervalues DXL and, according to the Board, Zodiac’s repeated offers are highly conditional and opportunistic. Stockholders who already tendered may withdraw their shares any time before the offer expires at 5:00 PM ET on July 24, 2026. The Board’s formal recommendation is detailed in a Schedule 14D-9 filed with the SEC.
Destination XL Group (NASDAQ: DXLG) is reviewing a revised, unsolicited tender offer from Zodiac Partners II to acquire all outstanding DXL shares for $0.84 per share in cash, up from a prior $0.82 offer.
The Board, with independent financial and legal advisors, urges stockholders to take no action until it issues a formal recommendation via an amended Schedule 14D-9 filing with the SEC.
Destination XL Group (NASDAQ: DXLG) updated its pending merger of equals with FullBeauty. The Board has reevaluated the deal and, citing a tougher consumer environment and FullBeauty’s indebtedness, believes current terms are not in DXL stockholders’ best interests. Constructive discussions with FullBeauty continue.
DXL also released Q1 fiscal 2026 results separately and will host a 9:00 a.m. ET earnings call. Guggenheim Securities, Greenberg Traurig and Joele Frank advise DXL.
Destination XL (NASDAQ: DXLG) reported Q1 fiscal 2026 sales of $103.3 million, down 2.1% year over year, with comparable sales down 3.8%.
The company posted a net loss of $5.9 million ($0.11 per diluted share), adjusted net loss of $0.06 per share, adjusted EBITDA of $(0.7) million, and cash and investments of $16.2 million with no debt.
Strategic initiatives include exclusive FiTMAP rights through 2030, rollout to 188 stores with over 100,000 users, and new AI investments in product data and discoverability.
Destination XL (NASDAQ: DXLG) announced that its board, after consulting legal and financial advisors, unanimously recommends shareholders reject Zodiac Partners II’s tender offer of $0.82 per share and not tender shares. A Schedule 14D-9 recommendation was filed with the SEC.
DXL also rescheduled its fiscal Q1 2026 earnings release to June 3, 2026, with a conference call at 9:00 a.m. ET.
Destination XL Group (NASDAQ: DXLG) is reviewing an unsolicited $0.82 per share cash tender offer from Zodiac Partners II, announced May 12, 2026.
The board, working with independent financial and legal advisors and considering its existing merger agreement with FullBeauty, advises shareholders to take no action until it issues a recommendation via a Schedule 14D-9 filing within ten business days.
Destination XL Group (NASDAQ: DXLG) will release its first quarter fiscal 2026 financial results before the market opens on Thursday, May 28, 2026.
President and CEO Harvey Kanter and CFO Peter Stratton will host a live conference call and webcast at 9:00 a.m. ET to discuss the results.
Destination XL Group (NASDAQ: DXLG) reported Q4 sales of $112.1M (down 6.0%) and fiscal 2025 sales of $435.0M (down 6.9%). Q4 net loss was $29.6M; fiscal net loss was $35.9M, which included a $20.4M non-cash valuation allowance. Cash and investments totaled $28.8M with no debt.
The company expects a merger with FullBeauty Brands to close in Q2 FY2026, targeting a combined ~$1.2B revenue run-rate and $25M annual cost synergies.
Destination XL Group (NASDAQ: DXLG) will release fourth quarter and fiscal 2025 results before market open on March 19, 2026. A conference call and webcast with CEO Harvey Kanter and CFO Peter Stratton will be held at 9:00 a.m. ET the same day. Registration and replay details are available via the company's investor site and provided webcast links.
Destination XL Group (NASDAQ: DXLG) reported holiday sales for the 9-week period ended Jan 3, 2026: $89.9M total sales versus $94.7M a year earlier, with comparable sales down 5.8% (stores -7.2%, direct -2.8%). The company highlighted improvement in direct channel versus prior 9 months and described continued pressure on Big + Tall discretionary spending. DXL announced a definitive merger agreement with FullBeauty, combining to ~$1.2B LTM net sales and ~$45M LTM Adjusted EBITDA (pre-synergies), with expected close in H1 fiscal 2026.