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DXLG Destination XL News Story

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Consumer CyclicalsAdventurousMicro CapNeutral

Men's apparel retailer Destination XL's Q3 sales fall, net loss widens

Overview

Big + Tall apparel retailer's Q3 sales fell 5.2% yr/yr

Net loss for Q3 widened to $4.1 mln from $1.8 mln last year

Merger with FullBeauty Brands expected to close in fiscal 2026

Outlook

Destination XL expects merger with FullBeauty to close in first half of fiscal 2026

Company plans to expand FiTMAP technology to 100 more stores by mid-2026

Result Drivers

CUSTOMER SPENDING - Decrease in sales attributed to lower customer spending and shift towards value-driven merchandise

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesMiss$101.90 mln$105.15 mln (2 Analysts)
Q3 EPS-$0.08
Q3 Net Income-$4.10 mln
Q3 Adjusted EBITDA-$2 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the apparel & accessories retailers peer group is "buy" Wall Street's median 12-month price target for Destination XL Group Inc is $1.65, about 52.8% above its December 10 closing price of $1.08 Press Release: ID:nGNX1cDBnn For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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