Welcome to our dedicated page for Destination Xl SEC filings (Ticker: DXLG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Destination XL Group, Inc. filings document the public-company record for a Big + Tall men's apparel and footwear retailer with store, outlet, e-commerce and mobile-app operations. Its 8-K reports include operating results, material agreements, direct financial obligations, governance changes, annual-meeting voting results and Nasdaq listing-compliance matters.
Proxy materials describe board elections, executive compensation votes, auditor ratification and equity-compensation disclosures. Other filings document capital-structure matters and contractual obligations, including lease arrangements related to the company's headquarters and distribution center.
Destination XL Group, Inc. files its annual report for fiscal 2025, outlining its big + tall men’s apparel business, multi-channel strategy, and key risks. A central focus is a planned stock-for-stock merger with FullBeauty, a private size-inclusive retailer with approximately $0.7 billion in sales for the 53 weeks ended January 3, 2026. After the merger, holders of FullBeauty common stock would own 55% of the combined company and holders of DXL common stock would own 45%, subject to customary closing conditions and stockholder approval. The report also highlights DXL’s push toward higher private-brand penetration, rollout of its proprietary FiTMAP® sizing technology across most DXL stores, and a disciplined promotional and value-focused strategy amid sector headwinds and changing consumer behavior, including potential impacts from GLP-1 weight-loss medications.
Destination XL Group, Inc. reported weaker results for the fourth quarter and fiscal 2025, with sales and profits down sharply and a large tax-related charge driving a net loss. Fourth-quarter sales fell to $112.1 million from $119.2 million, and comparable sales declined 7.3% as store traffic remained soft. Net loss for the quarter widened to $29.6 million, or $(0.54) per diluted share, including a non-cash $20.4 million valuation allowance against deferred tax assets. For fiscal 2025, sales dropped 6.9% to $435.0 million and the company swung to a net loss of $35.9 million, or $(0.66) per share, while adjusted EBITDA fell to $1.6 million from $19.9 million. Cash and investments were $28.8 million with no debt, but free cash flow turned negative. Management highlighted cost controls, a greater focus on higher-margin private brands, rollout of its FiTMAP® sizing technology to 188 stores, and an expected second-quarter fiscal 2026 closing of its planned merger with FullBeauty Brands, which is projected to create a combined business with about $1.2 billion in revenue and $25 million in annual run-rate cost synergies.
Destination XL Group, Inc. has received a notice from Nasdaq that its common stock no longer meets the Nasdaq Global Market minimum bid price requirement of $1.00 per share. The notice followed 30 consecutive business days with a closing bid below this threshold.
The company has 180 calendar days, until August 3, 2026, to regain compliance by having its stock close at or above $1.00 per share for at least ten consecutive business days. If it does not regain compliance, it may seek an additional 180‑day period by transferring to the Nasdaq Capital Market and potentially implementing a reverse stock split, subject to meeting other listing standards and Nasdaq’s determination. The notice does not immediately affect the stock’s current listing or the company’s operations and SEC reporting, but there is no assurance it will regain or maintain compliance.
Destination XL Group director Elaine Rubin received additional company stock as part of her board compensation. On 02/02/2026, she was issued 29,648 shares of common stock at $0.683 per share, reflecting her elected form of payment for the quarterly annual retainer.
After this grant, Rubin beneficially owned 225,039 shares of Destination XL Group common stock directly. She also had an additional 15,000 shares reported as indirectly owned through her spouse's IRA account.
Destination XL Group director Ivy Ross reported receiving 29,648 shares of common stock on 02/02/2026 at $0.683 per share. These shares were issued as her elected form of compensation for the quarterly annual retainer and committee chairperson fee, bringing her directly owned holdings to 304,743 shares.
Destination XL Group director Willem Mesdag reported an equity compensation grant and updated his holdings. On February 2, 2026, he was credited with 53,074 deferred stock units (DSUs) under the company’s Director Plan as payment for his quarterly retainer and committee chair fees.
Each DSU is economically equivalent to one share of common stock, bringing his total DSUs to 642,431. The filing also notes that entities associated with Mesdag collectively hold 2,593,758 shares of common stock. These shares are spread across several family and investment entities, and Mesdag formally disclaims beneficial ownership except to the extent of his pecuniary interest.
Destination XL Group director Lionel F. Conacher received 29,648 shares of common stock on February 2, 2026 as part of his director compensation. The shares, valued at $0.683 each, were issued for his quarterly retainer, chairman fee and committee chairperson fee.
Following this award, Conacher beneficially owns 375,960 shares of Destination XL Group common stock in direct ownership.
Destination XL Group director Jack Boyle received 35,504 shares of common stock on February 2, 2026, at $0.683 per share. These shares were issued as his elected form of compensation for his quarterly annual retainer and committee chairperson fee. Following this equity grant, he beneficially owns 582,658 common shares directly.
Destination XL Group director Carmen R. Bauza received 29,648 shares of common stock as compensation on February 2, 2026. The shares were issued at a price of $0.683 per share under her elected form of payment for the quarterly board retainer, rather than in cash.
Following this grant, she directly holds a total of 148,527 Destination XL Group common shares, reflecting her ongoing equity-based compensation as a director.
Destination XL Group, Inc. reported holiday sales results for the nine weeks ended January 3, 2026 and furnished these details through a press release. The company also reminded investors that it previously entered into a definitive agreement to merge with FBB Holdings I, Inc. (FullBeauty) and described expectations for the combined inclusive-apparel business. The communication notes that a proxy statement will be filed so DXL stockholders can vote on the issuance of DXL common stock in connection with the Merger, and states that the companies currently expect the transaction to close in the first half of fiscal 2026, subject to stockholder approval and other customary conditions.