---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-010704"
form_type: "8-K"
ticker: "DXLG"
cik: "0000813298"
company_name: "DESTINATION XL GROUP, INC."
filed_at: "2022-05-26T23:59:59+00:00"
generated_at: "2026-06-25T06:58:59.301324+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Destination XL Q1 net income $13.4M, EPS $0.20; comp sales up 19.5%

## Summary
- Total sales $127.7M, up 14.5% YoY; comparable sales increased 19.5%.
- Gross margin improved to 50.0% from 45.6% on higher merch margins and occupancy leverage.
- Adjusted EBITDA $17.3M vs $13.7M a year ago; no debt outstanding, cash $7.5M.
- Reiterates FY2022 sales guidance of $510M-$530M; expects gross margin to decline ~100 bps.
- Repurchased ~1.0M shares for $4.8M in Q1; free cash flow negative $2.7M due to inventory build.

## SEC filing metadata
- accession: 0000950170-22-010704
- form_type: 8-K
- ticker: DXLG
- cik: 0000813298
- company_name: DESTINATION XL GROUP, INC.
- filed_at: 2022-05-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813298/000095017022010704/0000950170-22-010704-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813298/000095017022010704/dxlg-20220526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-010704
- JSON: https://secwatch.observer/filing/0000950170-22-010704.json
- Plain text: https://secwatch.observer/filing/0000950170-22-010704.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.