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

Reuters
2025/12/12
Men's apparel retailer <a href="https://laohu8.com/S/DXLG">Destination XL</a>'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

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

Miss

$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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