DXLG Q3 sales $101.9M (-5.2%), net loss $(0.08)/share; announces FullBeauty merger of equals

DESTINATION XL GROUP, INC.

Q3 total sales $101.9M, down 5.2% vs $107.5M; comparable sales -7.4%.
Net loss $(4.1)M or $(0.08)/diluted share vs $(1.8)M or $(0.03) in Q3 2024.
Adjusted EBITDA loss $(2.0)M vs $1.0M in prior-year quarter.
Cash and investments $27.0M at quarter-end, down from $43.0M a year ago; no debt.
Company announced definitive merger of equals with FullBeauty; no financial terms disclosed.

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