DXLG

MKT CAP:$38M

Destination XL Group, Inc.

Market Cap

$38M

Consumer Cyclical·Apparel - Retail·🇺🇸 United States·NASDAQ

Consumer Cyc.·Apparel - Retail·🇺🇸·NASDAQ

Stock Price

$0.56-$0.35 (-38.39%)

Apr 17, 2026

Company Details

Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States and Canada. Its stores offer sportswear and dresswear; fashion-neutral items, includi...

CEO

Harvey S. Kanter

IPO Date

Jun 2, 1987

Website

www.dxl.com

Key Metrics TTM

Revenue

$435M

-6.9% YoY

Net Income

-$36M

EPS (Diluted)

-$0.66

Free Cash Flow

-$18M

Revenue / Share

$7.96

Gross Margin

39.9%

Operating Margin

-3.2%

Net Margin

-8.3%

FCF Margin

-4.1%

P/S

0.1x

P/E

—

Earnings Reports

Q4 2025

Mar 19, 2026

$112M-6.0%EPS -$0.54

Q3 2025

Dec 11, 2025

$102M-5.2%EPS -$0.08

Q2 2025

Aug 27, 2025

$116M-7.5%EPS -$0.00

Q1 2025

May 29, 2025

$106M-8.6%EPS -$0.04

FY 2024

Mar 20, 2025

$467M-10.5%EPS $0.05

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$128M	$64M	$14M
Q2 22	$145M	$75M	$22M
Q3 22	$130M	$65M	$13M
Q4 22	$144M	$69M	$10M
Q1 23	$125M	$61M	$9M
Q2 23	$140M	$70M	$19M
Q3 23	$119M	$57M	$5M
Q4 23	$137M	$65M	$8M
Q1 24	$115M	$56M	$5M
Q2 24	$125M	$60M	$3M
Q3 24	$108M	$48M	-$3M
Q4 24	$119M	$53M	-$2M
Q1 25	$106M	$48M	-$3M
Q2 25	$116M	$52M	$703.0K
Q3 25	$102M	$44M	-$6M
Q4 25	$112M	$30M	-$5M

Valuation

Quarter	P/S	P/E
Q1 22	0.7x	5.6x
Q2 22	0.5x	2.7x
Q3 22	0.8x	4.6x
Q4 22	0.8x	5.0x
Q1 23	0.5x	3.3x
Q2 23	0.6x	8.3x
Q3 23	0.5x	7.9x
Q4 23	0.5x	9.4x
Q1 24	0.4x	7.9x
Q2 24	0.4x	12.0x
Q3 24	0.3x	16.6x
Q4 24	0.3x	49.7x
Q1 25	0.1x	—
Q2 25	0.2x	—
Q3 25	0.1x	—
Q4 25	0.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$2M	-$3M
Q2 22	$25M	$23M
Q3 22	$6M	$3M
Q4 22	$30M	$28M
Q1 23	-$4M	-$6M
Q2 23	$30M	$28M
Q3 23	$7M	$1M
Q4 23	$16M	$9M
Q1 24	-$1M	-$7M
Q2 24	$17M	$10M
Q3 24	-$4M	-$10M
Q4 24	$17M	$9M
Q1 25	-$12M	-$19M
Q2 25	$10M	$5M
Q3 25	-$1M	-$6M
Q4 25	$5M	$2M

Capital Expenditures

Quarter	CapEx
Q1 22	$1M
Q2 22	$3M
Q3 22	$4M
Q4 22	$2M
Q1 23	$2M
Q2 23	$3M
Q3 23	$6M
Q4 23	$7M
Q1 24	$6M
Q2 24	$7M
Q3 24	$7M
Q4 24	$8M
Q1 25	$7M
Q2 25	$5M
Q3 25	$5M
Q4 25	$3M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+14.5%	+12.2%
Q2 22	+4.4%	+8.8%
Q3 22	+6.7%	+10.9%
Q4 22	+7.8%	+8.5%
Q1 23	-1.7%	+2.0%
Q2 23	-3.2%	-1.7%
Q3 23	-8.1%	-2.6%
Q4 23	-4.7%	-3.3%
Q1 24	-7.9%	-4.9%
Q2 24	-10.9%	+0.9%
Q3 24	-9.8%	-3.4%
Q4 24	-13.1%	-6.3%
Q1 25	-8.6%	-1.4%
Q2 25	-7.5%	-5.7%
Q3 25	-5.2%	-2.2%
Q4 25	-6.0%	-3.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$491.0K	0.4%
Q2 22	$512.0K	0.4%
Q3 22	$425.0K	0.3%
Q4 22	$457.0K	0.3%
Q1 23	$512.0K	0.4%
Q2 23	$523.0K	0.4%
Q3 23	$912.0K	0.8%
Q4 23	$992.0K	0.7%
Q1 24	$987.0K	0.9%
Q2 24	$1M	0.8%
Q3 24	$619.0K	0.6%
Q4 24	$438.0K	0.4%
Q1 25	$456.0K	0.4%
Q2 25	$484.0K	0.4%
Q3 25	$499.0K	0.5%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 22	$47M
Q2 22	$49M
Q3 22	$48M
Q4 22	$54M
Q1 23	$48M
Q2 23	$47M
Q3 23	$48M
Q4 23	$53M
Q1 24	$48M
Q2 24	$54M
Q3 24	$47M
Q4 24	$50M
Q1 25	$47M
Q2 25	$48M
Q3 25	$45M
Q4 25	$47M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$8M	$0	$8M
Q2 22	$22M	$0	$22M
Q3 22	$23M	$0	$23M
Q4 22	$52M	$0	$52M
Q1 23	$30M	$16M	$46M
Q2 23	$19M	$44M	$63M
Q3 23	$11M	$50M	$60M
Q4 23	$28M	$32M	$60M
Q1 24	$16M	$37M	$53M
Q2 24	$21M	$42M	$63M
Q3 24	$7M	$36M	$43M
Q4 24	$12M	$37M	$48M
Q1 25	$8M	$21M	$29M
Q2 25	$14M	$20M	$34M
Q3 25	$15M	$12M	$27M
Q4 25	$24M	$5M	$29M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	68M	-0.8%	+8.5%
Q2 22	67M	-2.5%	-1.4%
Q3 22	66M	-0.7%	-3.5%
Q4 22	66M	+0.1%	-3.8%
Q1 23	66M	+0.1%	-3.0%
Q2 23	65M	-1.3%	-1.8%
Q3 23	63M	-3.0%	-4.2%
Q4 23	62M	-1.5%	-5.7%
Q1 24	61M	-2.5%	-8.1%
Q2 24	61M	+0.3%	-6.6%
Q3 24	57M	-6.5%	-10.0%
Q4 24	54M	-6.0%	-14.1%
Q1 25	54M	-0.2%	-12.1%
Q2 25	54M	+0.4%	-11.9%
Q3 25	54M	+0.2%	-5.6%
Q4 25	55M	+1.4%	+1.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$94.3K	1K
Q2 22	$106.9K	1K
Q3 22	$95.8K	1K
Q4 22	$97.2K	1K
Q1 23	$84.8K	1K
Q2 23	$94.6K	1K
Q3 23	$80.5K	1K
Q4 23	$92.7K	1K
Q1 24	$80.3K	1K
Q2 24	$86.7K	1K
Q3 24	$74.7K	1K
Q4 24	$82.8K	1K
Q1 25	$72.9K	1K
Q2 25	$79.8K	1K
Q3 25	$70.4K	1K
Q4 25	$78.1K	1K

Revenue / Employee