Destination XL Group, Inc. Reports Unaudited Sales Results for the 9-Week Sales Period Ended December 30, 2023
January 08, 2024 at 07:00 am EST
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Destination XL Group, Inc. reported unaudited sales results for the 9-week sales period ended December 30, 2023. For the period, the company expects Total sales were $102.4 million compared to $111.7 million for the 9-week holiday sales period ended December 31, 2022. Comparable sales for the same 9-week holiday period decreased 8.7%, with comparable sales decreases of 7.6% from stores and 10.9% from the direct business.
Destination XL Group, Inc. is a specialty retailer of big and tall men's apparel with retail locations throughout the United States. The Company operates through the Retail segment. It operates under the trade names of Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL and Casual Male XL outlets. It operates approximately 232 DXL retail stores, 15 DXL outlet stores, 17 Casual Male XL retail stores, 19 Casual Male XL outlet stores, and a digital business. Its DXL retail stores, e-commerce site, and mobile application offers its customers merchandise to fit a variety of lifestyles from casual to business, young to mature, in all price ranges and in all large sizes from XL and up. In addition, it also offers a selection of shoes in sizes 10W to 18W on its websites. Its Casual Male XL retail stores primarily carry moderate-priced national brands and its own brands of casual sportswear and dresswear. It also operates Casual Male XL outlets and DXL outlets for its customers.
DESTINATION XL GROUP, INC. 
