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Stock impact report

Destination XL Group Inc (DXLG) Q3 2025 Earnings Call Highlights: Strategic Merger with Full ... [Yahoo! Finance]

Destination XL Group, Inc. (DXLG) 
Last destination xl group, inc. earnings: 8/24 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.destinationxl.com
Company Research Source: Yahoo! Finance
Destination XL Group Inc ( NASDAQ:DXLG ) announced a merger with Full Beauty, creating a scaled category-defining retailer for inclusive apparel. The merger is expected to generate $25 million in annual run-rate cost synergies by 2027. The combined company will have a strong omni-channel and data-driven platform with a customer database of approximately 34 million households. DXLG's expertise in men's big and tall retail will complement Full Beauty's direct-to-consumer capabilities, enhancing growth opportunities. The merger strengthens the financial position of the combined entity, providing profitability and flexibility to generate strong free cash flow. DXLG reported a decrease in net sales for the third quarter, with a 7.4% decline in comparable sales. Gross margin rate decreased to 42.7% from 45.1% in the previous year, impacted by promotional offers and tariff increases. SG&A expenses as a percentage of sales increased, indicating higher operational costs. DXLG Show less Read more
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