DESTINATION XL GROUP, INC. DXLG
Destination XL Group, Inc., together with its subsidiaries (the "Company"), is the leading specialty retailer of big + tall men's apparel with retail locations throughout the United States. We operate under the trade names of Destination XL®, DXL®, DXL® Big + Tall, DXL Men's Apparel, DXL outlets, Casual Male XL® and Casual Male XL outlets. At January 31, 2026, we operated 258 DXL retail stores, 17 DXL outlet stores, 5 Casual Male XL retail stores, 15 Casual Male XL outlet stores, and a digital business, including an e-commerce site at www.dxl.com, a mobile site m.destinationXL.com and mobile app. Unless the context indicates otherwise, all references to "we," "our," "ours," "us" and "the Company" refer to Destination XL Group, Inc. and our consolidated subsidiaries. We
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by segment
- Retail Segment - Store Sales
- Retail Segment - Direct Sales
| Segment | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Retail Segment - Store Sales | $310.3M | $325.7M | $358.7M |
| Retail Segment - Direct Sales | $124.7M | $141.3M | $163.1M |
As the company reported it, from the “Revenue Recognition - Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $435.0M | $467.0M | $521.8M | $545.8M | $505.0M | $318.9M | $474.0M | $473.8M | $468.0M | $450.3M |
| Cost of revenue | $246.0M | $249.8M | $269.4M | $273.2M | $255.2M | $214.1M | $269.8M | $262.5M | $257.6M | — |
| Gross profit | $189.0M | $217.2M | $252.4M | $272.6M | $249.8M | $104.9M | $204.2M | $211.3M | $210.4M | $204.9M |
| SG&A | $187.4M | $198.3M | $196.5M | $198.8M | $173.0M | $129.1M | $180.7M | $183.9M | $193.2M | $173.3M |
| Total operating expenses | $207.1M | $213.5M | $210.5M | $214.0M | $187.8M | $165.4M | $208.6M | $221.4M | $228.4M | $203.9M |
| Operating income | -$18.2M | $3.7M | $41.9M | $58.6M | $62.0M | -$60.5M | -$4.4M | -$10.1M | -$18.0M | $977.0K |
| Interest expense | $810.0K | $2.1M | $2.1M | $251.0K | $4.3M | $3.9M | $3.3M | $3.5M | $3.4M | $3.1M |
| Pre-tax income | -$17.3M | $5.8M | $38.4M | $58.3M | $57.6M | -$64.4M | -$7.7M | -$13.6M | -$21.4M | -$2.1M |
| Income tax | $18.6M | $2.8M | $10.5M | $30.8M | $917.0K | $106.0K | $105.0K | $50.0K | $2.6M | $166.0K |
| Net income | -$35.9M | $3.1M | $27.9M | $89.1M | $56.7M | -$64.5M | -$7.8M | -$13.5M | -$18.8M | -$2.3M |
| EPS, basic | -0.66 | 0.05 | 0.46 | 1.42 | 0.89 | -1.26 | -0.16 | — | — | — |
| EPS, diluted | -0.66 | 0.05 | 0.43 | 1.33 | 0.83 | -1.26 | -0.16 | -0.28 | -0.39 | -0.05 |
| Shares, diluted (wtd. avg.) | 54.1M | 59.6M | 64.3M | 66.9M | 68.0M | 51.3M | 50.0M | 49.2M | 48.9M | 49.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $23.8M | $11.9M | $27.6M | $52.1M | $15.5M | $19.0M | $4.3M | $4.9M | $5.4M | $5.6M |
| Short-term investments | $5.0M | $36.5M | $32.5M | — | — | — | — | — | — | — |
| Inventory | $73.5M | $75.5M | $81.0M | $93.0M | $81.8M | $85.0M | $102.4M | $106.8M | $103.3M | $117.4M |
| Total current assets | $111.0M | $131.9M | $153.2M | $154.0M | $106.0M | $114.1M | $123.9M | $127.7M | $121.7M | $138.9M |
| Property, plant and equipment | $60.0M | $57.0M | $43.2M | $39.1M | $44.4M | $56.6M | $78.3M | $92.5M | $111.0M | $124.3M |
| Other intangibles | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.1M | $1.8M | $2.2M |
| Total assets | $366.9M | $381.0M | $357.7M | $350.6M | $280.0M | $306.8M | $390.9M | $226.1M | $240.4M | $269.3M |
| Accounts payable | $22.9M | $24.3M | $17.4M | $27.5M | $25.2M | $27.1M | $31.8M | $34.4M | $34.0M | $31.3M |
| Short-term debt | — | — | — | — | — | $3.5M | — | — | $1.4M | $6.9M |
| Total current liabilities | $85.5M | $90.7M | $89.9M | $101.8M | $95.5M | $155.0M | $130.4M | $107.9M | $109.8M | $115.7M |
| Long-term debt | — | — | — | — | — | $14.9M | $14.8M | $14.8M | $10.7M | $12.1M |
| Retained earnings | -$79.8M | -$43.8M | -$46.9M | -$74.8M | -$163.9M | -$220.6M | -$156.1M | -$153.5M | -$139.3M | -$122.6M |
| Total equity | $108.1M | $141.2M | $149.0M | $137.2M | $58.2M | -$4.1M | $58.4M | $58.6M | $70.0M | $88.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.1M | $29.6M | $49.6M | $59.9M | $75.5M | -$1.2M | $15.8M | $15.7M | $31.0M | $35.0M |
| Depreciation and amortisation | $15.3M | $13.9M | $13.8M | $15.4M | $17.2M | $21.5M | $24.6M | $28.4M | $30.7M | $29.8M |
| Stock-based compensation | $1.4M | $2.6M | $2.5M | $1.4M | $1.2M | $1.4M | $1.9M | $2.0M | $1.6M | $1.3M |
| Capital expenditure | $20.1M | $27.7M | $17.4M | $9.6M | $5.3M | $4.2M | $13.4M | $11.8M | $22.6M | $29.2M |
| Investing cash flow | $10.4M | -$31.3M | -$49.1M | -$9.6M | -$5.3M | -$4.2M | -$13.4M | -$13.0M | -$22.6M | -$29.2M |
| Financing cash flow | -$595.0K | -$13.9M | -$24.9M | -$13.7M | -$73.8M | $20.1M | -$2.9M | -$3.3M | -$8.6M | -$5.3M |
| Buybacks | $0 | $13.7M | $24.5M | $12.7M | — | — | — | — | $4.7M | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-239304.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $450.3M | $468.0M | $473.8M | $474.0M | $318.9M | $505.0M | $545.8M | $521.8M | $467.0M | $435.0M |
| Gross profit | $204.9M | $210.4M | $211.3M | $204.2M | $104.9M | $249.8M | $272.6M | $252.4M | $217.2M | $189.0M |
| Net income | -$2.3M | -$18.8M | -$13.5M | -$7.8M | -$64.5M | $56.7M | $89.1M | $27.9M | $3.1M | -$35.9M |
Recent filings and events
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Officer or director change Item 5.02
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 5651
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