{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-101579","form_type":"8-K","ticker":"DXLG","cik":"0000813298","company_name":"DESTINATION XL GROUP, INC.","filed_at":"2024-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.956318+00:00","generated_at":"2026-05-31T07:05:00.390816+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"DXLG Q2 sales down 10.9% to $124.8M; EPS $0.04; cuts full-year guidance","bullets":["Net income of $0.04 per diluted share vs $0.18 in Q2 FY23; Adjusted EBITDA $6.5M vs $22.9M.","Comparable sales decreased 10.9%; stores down 10.0%, direct down 12.8%.","Gross margin rate fell 210 bps to 48.2% on occupancy deleverage; merchandise margin flat.","Full-year gross margin expected 60-110 bps lower than FY23; marketing costs guided to ~7% of sales.","Slowing new store openings in FY25 from 15 to 10; prioritizing balance sheet and free cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-101579","json":"https://secwatch.observer/filing/0000950170-24-101579.json","markdown":"https://secwatch.observer/filing/0000950170-24-101579.md","text":"https://secwatch.observer/filing/0000950170-24-101579.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/813298/000095017024101579/0000950170-24-101579-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/813298/000095017024101579/dxlg-20240829.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T07:05:00.390816+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}