Destination XL Group Inc. received an offer to go private from Fund 1 Investments, the retailer confirmed on Monday. Under the non-binding proposal, Fund 1 would acquire all of DXL Group’s outstanding ...
Destination XL slipped into the red in the third quarter ... or 7.3 percent of sales in the third quarter of fiscal 2023. "DXL's business continued to be challenged in the third quarter by ...
For its third quarter, ended Nov. 22, DXL reported a net loss of $1.8 million, compared to net income of $4 million in the year-ago period. Total sales fell 9.8% to $107.5 million. Comparable sale ...
Destination XL, which runs the DXL Big + Tall and Casual Male XL chains, said it would carefully review and evaluate the proposal and other strategic alternatives. Shares were up 18%, to $2.58.
It operates under the following trade names: Destination XL, DXL, Casual Male XL, Casual Male XL outlets, DXL outlets, Rochester Clothing, ShoesXL, and LivingXL. The firm offers clothing which ...
Subsidiaries of Destination XL Group, Inc. operate DXL Big + Tall retail and outlet stores and Casual Male XL retail and outlet stores throughout the United States, and an e-commerce website ...
In other recent news, Destination XL Group (DXL) reported a challenging third quarter for fiscal 2024, marked by a decrease in net sales to $107.5 million, down from $119.2 million in the same ...
Destination XL Group operates two banners in the U.S. — DXL Big and Tall retail and outlet stores and Casual Male XL retail and outlet stores. The company says it has worked to highlight value ...
Destination XL Group specializes in Big + Tall men's apparel, offering retail and e-commerce solutions including DXL and Casual Male XL stores. We have seen 44 institutional investors add shares ...
Destination XL Group Inc. received an offer to go private from Fund 1 Investments, the retailer confirmed on Monday. Under the non-binding proposal, Fund 1 would acquire all of DXL Group’s ...