Destination Xl Group, INC
Market Movers (8-K)
NASDAQ
Destination XL Group's Board of Directors unanimously recommends shareholders reject Zodiac Partners II's revised unsolicited tender offer of $0.84 per share, deeming it undervalued.
NASDAQ
Destination XL Group announced an update on its pending merger with FullBeauty Brands, with its Board of Directors reevaluating the existing terms due to a challenging consumer environment and FullBeauty's indebtedness.
NASDAQ
Destination XL Group reported a 2.1% decrease in first-quarter sales to $103.3 million and a wider net loss of $0.11 per diluted share, citing macroeconomic pressures and evolving customer behavior.
Worse than expected
NASDAQ
Destination XL Group's Board of Directors unanimously recommends shareholders reject Zodiac Partners II's unsolicited tender offer of $0.82 per share.
Delay expected
NASDAQ
Destination XL Group is evaluating an unsolicited $0.82 per share cash tender offer from Zodiac Partners II while maintaining its existing merger agreement with FullBeauty.
NASDAQ
Destination XL Group, Inc. announced that President and CEO Harvey S. Kanter will retire upon the expiration of his employment agreement on August 11, 2026.
Quarterly Earnings (10-Q)
NASDAQ
Destination XL Group reported a net loss of $5.9 million for Q1 FY2026, with sales down 2.1% year-over-year, citing macroeconomic pressures and evolving consumer behavior.
Worse than expected
NASDAQ
Destination XL Group, Inc. reported a net loss for the third quarter and nine months of fiscal 2025, alongside a significant merger agreement with FullBeauty Brands to create a diversified size-inclusive fashion retailer.
Worse than expected
NASDAQ
Destination XL Group, Inc. reported a net loss of $0.3 million in Q2 fiscal 2025, with sales down 7.5% year-over-year, as it navigates challenging consumer spending and focuses on private brand expansion and new technology.
Worse than expected
NASDAQ
Destination XL Group, Inc. reported a net loss of $1.9 million for the first quarter of fiscal 2025, a significant decline from a $3.8 million net income in the prior year, as sales fell 8.7% to $105.5 million due to a challenging economic environment.
Worse than expected
NASDAQ
Destination XL Group reported a net loss for the third quarter of fiscal 2024, impacted by decreased sales and consumer spending challenges.
Worse than expected
NASDAQ
Destination XL Group experienced a decrease in sales and net income for the second quarter of fiscal 2024, primarily due to lower store traffic and online conversion rates.
Worse than expected
Delay expected
Annual Reports (10-K)
NASDAQ
Destination XL Group, Inc. has filed an amendment to its Form 10-K for the fiscal year ended January 31, 2026, primarily to provide disclosures required by Part III of the form.
Worse than expected
NASDAQ
Destination XL Group, Inc. reported a net loss of $35.9 million for fiscal 2025 on declining sales, while advancing its proposed merger with FullBeauty Brands and strategic initiatives.
Worse than expected
Delay expected
NASDAQ
Destination XL Group, Inc. filed an amendment to its Annual Report on Form 10-K, detailing fiscal 2024 financial performance that fell below expectations, a significant reduction in executive compensation reflecting this underperformance, and updates on corporate governance practices.
Worse than expected
Delay expected
NASDAQ
Destination XL Group's fiscal 2024 results reveal a decline in sales and profitability due to macroeconomic headwinds affecting the men's apparel market, though the company maintains a strong balance sheet and positive free cash flow.
Delay expected
Worse than expected
NASDAQ
Destination XL Group files an amended annual report on Form 10-K, providing detailed information on directors, executive compensation, and corporate governance.
Worse than expected
NASDAQ
Destination XL Group's fiscal 2023 results show a slight decrease in sales but the company is focused on strategic growth initiatives including brand marketing, store development and a new e-commerce platform.
Worse than expected
Insider Trading (Form 4)
NASDAQ
Ivy Ross, a Director at Destination XL Group, Inc., reported a transaction involving the acquisition of common stock as part of their compensation.
NASDAQ
Willem Mesdag, a director and 10% owner of Destination XL Group, Inc., has reported changes in his beneficial ownership of common stock and deferred stock units.
NASDAQ
Lionel F. Conacher, a Director at Destination XL Group, Inc., acquired 32,608 shares of common stock on May 4, 2026, as part of his elected compensation.
NASDAQ
Director Jack Boyle acquired 39,049 shares of common stock in Destination XL Group, Inc. through a compensation plan.
NASDAQ
Carmen Bauza, a Director at Destination XL Group, Inc., acquired 32,608 shares of common stock on May 4, 2026, as part of her director compensation.
NASDAQ
Allison Surette, Chief Merchandising Officer at Destination XL Group, Inc. (DXLG), reported transactions involving the acquisition of Restricted Stock Units (RSUs) and the withholding of shares for tax payments.
Proxy Statements (Def-14A)
NASDAQ
Destination XL Group, Inc. will hold its 2025 Annual Meeting of Stockholders to elect directors, approve executive compensation, and ratify its accounting firm, while reporting a significant comparable sales decrease in fiscal 2024 but maintaining profitability and a strong financial position.
Worse than expected
NASDAQ
DEF 14A: Destination XL Group Seeks Stockholder Approval for Amended Incentive Plan and Director Elections
Destination XL Group is holding its annual meeting on August 8, 2024, to elect directors, approve executive compensation, amend the incentive compensation plan, and ratify the appointment of its accounting firm.
Worse than expected
Schedule 13D - Activist Investments
NASDAQ
SCHEDULE 13D/A: Fund 1 Investments Enters Confidentiality Agreement with Destination XL Group, Signaling Potential Strategic Discussions
Fund 1 Investments, LLC, a significant shareholder, has entered into a Confidentiality and Non-Disclosure Agreement with Destination XL Group, Inc. to explore a possible business relationship or transaction.
Schedule 13G - Passive Investments
NASDAQ
Nomura Holdings Inc. and its subsidiary, Nomura Global Financial Products, Inc., have reported a 4% beneficial ownership stake in Destination XL Group, Inc.
NASDAQ
Nantahala Capital Management, along with Wilmot B. Harkey and Daniel Mack, reported a beneficial ownership of 8.36% in Destination XL Group, Inc. common stock.
NASDAQ
The Vanguard Group has filed an amendment to its Schedule 13G, reporting a beneficial ownership of 4.65% in Destination XL Group Inc., indicating a reduction below the 5% threshold.
Worse than expected
NASDAQ
BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing a 1.6% beneficial ownership stake in Destination XL Group Inc. as of June 30, 2025.
NASDAQ
Wolf Hill Capital Management, LP and its affiliates have filed an amended Schedule 13G, reporting a passive beneficial ownership of 2.7% in Destination XL Group Inc.'s common stock as of March 31, 2025.
NASDAQ
Nomura Holdings Inc. and its subsidiary Nomura Global Financial Products Inc. have disclosed a passive 5.2% beneficial ownership stake in Destination XL Group, Inc.