Destination XL Group, Inc. Confirms Receipt of Non-Binding Proposal from Fund 1 Investments, LLCCANTON, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Destination XL Group, Inc, (
NASDAQDXLG), the leading integrated - commerce specialty retailer of Big + Tall men’s clothing and shoes, today confirmed that it has received a non-binding proposal from Fund 1 Investments, LLC to acquire all of the outstanding shares of the Company.
Destination XL Group, Inc. Reports Third Quarter Financial ResultsSales of $107.5 million, Net Loss of $(0.03) per diluted share, Lowers Guidance
Is Back-to-School Spending a Sign of Growing Consumer Confidence?The back-to-school season reveals cautious consumer spending as inflation and economic uncertainty influence consumer shopping habits.
Destination XL Group, Inc. Reports Second Quarter Financial ResultsSales of $124.8 million, Net Income of $0.04 per diluted share, Revises Full-Year Guidance
Destination XL Group, Inc. Reports First Quarter Financial ResultsSales of $115.5 million, Net Income of $0.06 per diluted share, Confirms Lower End of Full-Year Guidance
Here’s a Crazy And Clever Marketing Idea: Clothes That Actually FitCANTON, Mass., May 13, 2024 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (Nasdaq: DXLG), the largest integrated commerce specialty retailer of Big + Tall men’s clothing and shoes, announced today the launch of a multichannel marketing campaign, developed in collaboration with creative agency Barrett Hofherr and media agency Mediassociates.
DXL Big + Tall Announces Strategic Collaboration with Nordstrom to Bring Fit Expertise to More Big + Tall CustomersCANTON, Mass., April 29, 2024 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (Nasdaq: DXLG), the country's leading retailer specializing in Big + Tall men's clothing and shoes, is excited to announce a strategic collaboration with Nordstrom, Inc., a leading fashion retailer, which will launch on their digital platform. This collaboration marks a significant step in extending DXL’s “fit” expertise and diverse style selection to a new segment of the underserved Big + Tall consumer.
Destination XL Group, Inc. Reports Fiscal 2023 Fourth Quarter and Full-Year Financial ResultsFull-Year Sales of $521.8 million, Net Income of $27.9 million, $0.43 EPS, Adjusted EBITDA of $55.9 million
Destination XL Group, Inc. Reports Holiday Sales ResultsNarrows 2023 Full-Year Sales Guidance to $520.0 million to $525.0 million
Destination XL Group, Inc. Reports Third Quarter Financial ResultsSales of $119.2 million, Net Income of $0.06 per diluted share, Provides Updated Guidance
Destination XL Group, Inc. Reports Second Quarter Financial ResultsNet Income of $0.18 per diluted share, Adjusted Net Income of $0.23 per diluted share
Destination XL Group, Inc. Announces Employment Contract Extension with Harvey S. Kanter to Continue as its President and Chief Executive Officer Until August 2026CANTON, Mass., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (
NASDAQDXLG), the leading integrated commerce specialty retailer of Big + Tall men’s clothing and shoes in the United States (the “Company”), announced that its Board of Directors (the “Board”) has entered into an amended employment agreement with Harvey S. Kanter to extend the term of his role as the Company’s President and Chief Executive Officer. Mr. Kanter has served as the Company’s President & CEO and as a member of its Board since April 1, 2019.
Destination XL Group, Inc. Reports First Quarter Financial ResultsFirst Quarter Comparable Sales up 0.6%;First Quarter Net Income $7.0 million, EPS $0.11 per diluted share;Confirms Lower End of Guidance
Destination XL Group, Inc. Reports Fiscal 2022 Fourth Quarter and Full-Year Financial ResultsReports Second Year of Record Annual Sales with Comparable Sales Growth of 10.9%; Full-Year Sales of $545.8 million, Net Income of $89.1 million, $1.33 EPS, Adjusted EBITDA of $73.8 million
DXL Launches New “Wear What You Want℠” Brand PositioningCampaign Aims at Giving Big + Tall Men the Freedom to Choose Their Own Style
Destination XL Group, Inc. Names Dara Pauker Chief Operating OfficerCANTON, Mass., Jan. 30, 2023 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (
NASDAQDXLG), the leading integrated commerce retailer of men’s Big + Tall clothing and shoes, announced today that Dara Pauker joined the organization as Chief Operating Officer on January 27, 2023. Ms. Pauker brings over 20 years of strategy and leadership experience, with a particular emphasis on growth initiatives, and has been working with the Company on a long-range strategic growth plan as a consultant since December, 2021. Reporting to Ms. Pauker will be the Chief Stores Officer, Chief Merchandising Officer, SVP Global Sourcing, and SVP Technology.
