Destination Xl Group, Inc. · NASDAQ:DXLG
Destination Xl — Q2 2025 Earnings Presentation
9 slides from Destination Xl's earnings presentation, Aug 27, 2025
Slide 1: Destination XL Group, Inc. Reports Second Quarter Financial Results
Destination XL Group, Inc. Reports Second Quarter Financial Results August 27, 2025 Sales of $115.5 million, Breakeven Net Loss per diluted share Extends Credit Facility to August 2030 CANTON, Mass., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated-
Slide 2: Strategic Priorities
concluded. Strategic Priorities Promotional Strategy: We have reframed our promotional strategy around a more disciplined, strategic framework that prioritizes relevance, competitiveness, and a stronger perception of value. Our customer has been telling us that we need to create greater levels of va
Slide 3: Gross Margin and SG&A
margin rate of 48.2% for the second quarter of fiscal 2024. Our gross margin rate decreased by 300 basis points, which was driven by an increase of 240 basis points in occupancy costs, as a percentage of sales, due to the deleveraging from lower sales and increased rents from new stores and lease ex
Slide 4: Adjusted EBITDA and Cash Flow
Adjusted EBITDA, a non-GAAP measure, for the second quarter of fiscal 2025 was $4.6 million, as compared to $6.5 million for the second quarter of fiscal 2024. Cash Flow Cash flow from operations for the first six months of fiscal 2025 was $(2.1) million as compared to $16.0 million for the first si
Slide 5: Store and Digital Commerce Information
DXL retail 257 1,847 247 1,795 232 1,725 218 1,663 DXL outlets 16 82 15 76 15 76 16 80 CMXL retail 4 12 7 22 17 55 28 92 CMXL outlets 17 50 19 57 19 57 19 57 Total 294 1,991 288 1,950 283 1,913 281 1,892 During the first six months of fiscal 2025, we opened six new DXL stores, converted three Casual
Slide 6: About Destination XL Group, Inc.
About Destination XL Group, Inc. Destination XL Group, Inc. is the leading retailer of Men’s Big + Tall apparel that provides the Big + Tall man the freedom to choose his own style. Subsidiaries of Destination XL Group, Inc. operate DXL Big + Tall retail and outlet stores and Casual Male XL retail a
Slide 7: Condensed Consolidated Statements of Operations
August 2, August 3, August 2, August 3, 2025 2024 2025 2024 Sales $ 115,505 $ 124,820 $ 221,038 $ 240,309 Cost of goods sold including occupancy 63,322 64,649 121,273 124,456 Gross profit 52,183 60,171 99,765 115,853 Expenses: Selling, general and administrative 47,604 53,662 95,047 101,185 Deprecia
Slide 8: Liabilities and Stockholders' Equity
LIABILITIES AND STOCKHOLDERS' EQUITY Accounts payable $ 24,423 $ 24,344 $ 22,576 Accrued expenses and other liabilities 24,358 30,773 27,604 Operating leases 219,134 184,615 176,634 Stockholders' equity 140,928 141,223 156,954 Total liabilities and stockholders' equity $ 408,843 $ 380,955 $ 383,768
Slide 9: Source: Destination XL Group, Inc.
Source: Destination XL Group, Inc.