earnings
confidence high
sentiment negative
materiality 0.70
Destination XL Group Reports Q2 FY2025 Sales Decline and Net Loss, Extends Credit Facility
DESTINATION XL GROUP, INC.
2025-Q2 EPS reported
-$0.04
revenue$221,038,000
- Total sales $115.5M, down 7.5% from $124.8M; comparable sales down 9.2%.
- Net loss of $0.3M ($0.00 per diluted share) vs net income of $2.4M ($0.04) in Q2 FY2024.
- Adjusted EBITDA of $4.6M compared to $6.5M in prior year quarter.
- Extended credit facility through August 2030 with up to $100M borrowing capacity.
- Private brand penetration target to exceed 60% in 2026 and 65% in 2027.