DXLG news

Destination XL Group set its 2026 annual meeting for Dec. 17 and established new proxy proposal deadlines of Nov. 12, removing older requirements from the 2025 meeting. The event will be held in person at its Canton, Massachusetts headquarters.

Destination XL Group reports second quarter sales of $111.6 million and net income of $0.04 per share. The company also noted $7.7 million in Adjusted EBITDA and a continued decline in comparable sales.

Destination XL Group, Inc. related entity, CMRG Apparel, LLC entered into an Employment Agreement with James E. Olsson as Executive Vice President, Chief Growth Officer, effective September 6, 2026.

Destination XL Group and FBB Holdings have amended their merger agreement to move the closing deadline from September 11 to October 30, 2026. This amendment is subject to the terms and conditions set forth in the exhibit.

Destination XL Group Inc. named Lionel F. Conacher interim CEO with a base salary of $80,000 per month and a $15,000 monthly equity grant, effective August 12, 2026.

Destination XL's board unanimously rejected Zodiac Partners II's unsolicited tender offer for $0.84 per share, deeming the price too low. Guggenheim Securities advised the corporation against the bid, which was characterized as highly conditional and seemingly opportunistic.

Destination XL Group's Board is evaluating a slightly increased unsolicited tender offer from Zodiac Partners II. Investors will await the Board's recommendation to gauge potential impact on DXLG's share price.

Destination XL Group's Board is renegotiating its merger of equals with FullBeauty Brands, citing challenging consumer environment and FullBeauty's debt levels since the December 2025 agreement. The move signals potential deal restructuring or termination, creating uncertainty for DXL shareholders.

Destination XL Group reported Q1 FY2026 sales of $103.3 million with net loss of $5.9 million ($0.11 per diluted share), as comparable store sales declined 3.8% year-over-year. The company cited positive trends in conversion rates and average order value, while cash reserves fell to $16.2 million fr…

Destination XL Group's Board of Directors unanimously recommended shareholders reject Zodiac Partners II's May 2026 tender offer, citing undervaluation and opportunistic timing. The company rescheduled earnings to June 3, 2026, citing time needed to address the unsolicited offer.

Destination XL Group's board is evaluating an unsolicited $0.82 per share cash tender offer from Zodiac Partners II while also considering its existing merger agreement with FullBeauty. The company will issue a formal recommendation within ten business days, creating uncertainty around the competing…