---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-064644"
form_type: "8-K"
ticker: "DXLG"
cik: "0000813298"
company_name: "DESTINATION XL GROUP, INC."
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:39:27.473463+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Destination XL Q3 sales down 8.1% to $119.2M; EPS falls to $0.06 from $0.16

## Summary
- Total sales $119.2M, down 8.1% YoY; comp sales down 6.7%.
- Net income $0.06 per diluted share vs $0.16 last year; adjusted EBITDA $8.6M vs $16.4M.
- Updated guidance: expects gross margin rate ~180 bps lower than FY2022.
- Repurchased 0.8M shares for $4.0M; authorized repurchase increased to $25M from $15M.
- Cash $60.4M, no debt; plans to open 2 more stores in 2023 and 10 in 2024.

## SEC filing metadata
- accession: 0000950170-23-064644
- form_type: 8-K
- ticker: DXLG
- cik: 0000813298
- company_name: DESTINATION XL GROUP, INC.
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813298/000095017023064644/0000950170-23-064644-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813298/000095017023064644/dxlg-20231117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-064644
- JSON: https://secwatch.observer/filing/0000950170-23-064644.json
- Plain text: https://secwatch.observer/filing/0000950170-23-064644.txt

## Key facts
- Earnings Releases
  DESTINATION XL GROUP, INC. reported third quarter of fiscal 2023 results: revenue $119.2 million, net income $0.06 per diluted share, EPS $0.06 per diluted share. Guidance reaffirmed.
  - Period: third quarter of fiscal 2023
  - Revenue: $119.2 million
  - Net income: $0.06 per diluted share
  - EPS: $0.06 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Destination XL Group, Inc. Reports Third Quarter Financial Results Sales of $119.2 million, Net Income of $0.06 per diluted share, Provides Updated Guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/813298/000095017023064644/0000950170-23-064644-index.htm

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