Harvey S. Kanter
Accordingly, Mr. Kanter’s Employment Agreement will expire and his employment with the Company will terminate on August 11, 2026.
Highest-materiality recent filing
Destination XL CEO Harvey Kanter to retire on August 11, 2026
Harvey S. Kanter's employment agreement not renewed; he will retire effective August 11, 2026.
DXLG reports Q4 loss $0.54/share; sales down 6%; merger with FullBeauty on track
Q4 net loss $29.6M ($0.54/diluted share) vs $1.3M loss last year; adjusted loss $0.10/share vs profit $0.02.
Destination XL Group receives Nasdaq delisting notice for bid price below $1.00
Received Nasdaq notice on Feb 4, 2026 for failing minimum bid price of $1.00 for 30 consecutive business days.
DXLG holiday sales $89.9M (-5.1% YoY); comps -5.8%; FullBeauty merger on track H1 2026
Total holiday sales $89.9M vs $94.7M (-5.1% YoY); comparable sales down 5.8%.
DXLG Q3 sales $101.9M (-5.2%), net loss $(0.08)/share; announces FullBeauty merger of equals
Q3 total sales $101.9M, down 5.2% vs $107.5M; comparable sales -7.4%.
Destination XL Group merges with FullBeauty Brands in all-stock deal; combined revenue ~$1.2B
DXL shareholders to own 45%, FullBeauty shareholders 55% of combined company; stock-for-stock exchange.
Destination XL Group Reports Q2 FY2025 Sales Decline and Net Loss, Extends Credit Facility
Total sales $115.5M, down 7.5% from $124.8M; comparable sales down 9.2%.
DXLG amends credit facility: revolver cut to $100M, maturity extended to Aug 2030
Revolver commitments reduced from $125M to $100M to align with lower inventory levels.
Seven directors elected with ~20.7M votes for each; ~12.8M broker non-votes.
Destination XL CMO James Reath resigns effective July 31, 2025
James Reath resigned as CMO and named executive officer effective July 31, 2025.
Destination XL extends headquarters lease through Jan 2033; annual rent ~$5.76M starting Feb 2026
Lease extended 7 years to Jan 31, 2033; base rent $479,765/month from Feb 2026, increasing 3% annually.
DXLG Q1 sales down 8.6% to $105.5M; net loss of $(0.04) per share vs income of $0.06
Comparable sales fell 9.4% YoY; store comps -6.6%, direct business -16.2%.
Accordingly, Mr. Kanter’s Employment Agreement will expire and his employment with the Company will terminate on August 11, 2026.
Max materiality 0.85 · Median 0.68 · Most common event earnings