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Destination XL Group

OverviewSuggest Edit

Destination XL Group operates as a specialty retailer of big and tall men’s apparel. Its stores offer sportswear and dress wear; shoes; accessories, such as belts, ties, and socks; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; casual clothing; and lifestyle products comprising chairs, outdoor accessories, travel accessories, bed and bath products, and fitness equipment. The Сompany offers its products under the Destination XL, DXL, DXL Men’s Apparel, DXL outlets, Casual Male XL, Casual Male XL outlets, Rochester Clothing, ShoesXL, and LivingXL brands.

TypePublic
Founded1976
HQCanton, MA, USMap
Websitedxl.com
Employee Ratings3.1More
Overall CultureB-More
View Jobs (206)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)1,171(-53%)
Job Openings206
Revenue (FY, 2016)$450.3 M(+2%)
Share Price (Jul 2021)$4.9(+2%)
Cybersecurity ratingCMore

Key People/Management at Destination XL Group

Lionel F. Conacher

Lionel F. Conacher

Chairman of the Board
Harvey S. Kanter

Harvey S. Kanter

President, Chief Executive Officer and Director
Peter H. Stratton

Peter H. Stratton

Executive Vice President, Chief Financial Officer and Treasurer
Jack Boyle

Jack Boyle

Director
Robert S. Molloy

Robert S. Molloy

General Counsel and Secretary
Will Mesdag

Will Mesdag

Director
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Destination XL Group Office Locations

Destination XL Group has offices in Canton, Albany, Albuquerque, Allen and in 189 other locations
Canton, MA, US (HQ)
555 Turnpike St
Albany, NY, US
Albany, NY, USA
Albuquerque, NM, US
Albuquerque, NM, USA
Allen, TX, US
Allen, TX, USA
Alpharetta, GA, US
Alpharetta, GA, USA
Altamonte Springs, FL, US
Altamonte Springs, FL, USA
Show all (193)

Destination XL Group Financials and Metrics

Destination XL Group Revenue

Destination XL Group's revenue was reported to be $450.28 m in FY, 2016 which is a 1.8% increase from the previous period.
USD

Revenue (Q3, 2018)

103.7m

Market capitalization (28-Jul-2021)

310.0m

Closing stock price (28-Jul-2021)

4.9

Cash (28-Oct-2017)

5.8m

EV

317.4m
Destination XL Group's current market capitalization is $310 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

388.0m414.0m442.2m450.3m

Revenue growth, %

7%7%2%

EBIT

(13.1m)(8.8m)(5.1m)977.0k

EBIT margin, %

(3%)(2%)(1%)0%
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

93.6m97.6m88.2m93.6m103.7m96.8m114.1m104.4m99.6m107.9m117.9m101.9m107.6m121.1m103.7m

Cost of goods sold

49.1m52.2m48.9m

Gross profit

44.5m45.5m39.3m

Gross profit Margin, %

48%47%45%
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Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

4.5m4.6m5.2m5.6m5.6m

Accounts Receivable

8.3m3.6m4.7m7.1m7.1m

Inventories

105.6m115.2m125.0m117.4m117.4m

Current Assets

126.4m132.6m143.2m138.9m138.9m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

6.1m5.1m5.2m6.1m5.6m5.6m5.8m6.6m5.6m5.9m5.8m6.3m7.9m6.5m5.8m

Accounts Receivable

5.1m6.7m8.0m7.5m6.4m7.4m4.8m5.7m6.1m4.3m7.1m8.4m5.9m5.5m4.2m

Prepaid Expenses

9.1m8.7m9.3m

Inventories

112.4m107.9m119.6m126.4m116.0m114.2m123.6m123.8m133.3m125.8m121.3m128.2m121.4m112.3m119.9m
show all
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(59.8m)(12.3m)(8.4m)(2.3m)(2.3m)

Depreciation and Amortization

20.8m24.0m28.4m30.6m30.6m

Inventories

(1.3m)(9.7m)(9.8m)7.6m7.6m

Accounts Payable

7.5m(3.0m)705.0k574.0k574.0k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

1.0m(576.0k)(4.6m)(13.8m)(7.6m)(3.5m)(1.6m)(574.0k)(7.0m)214.0k413.0k(4.0m)(6.1m)(9.8m)

Depreciation and Amortization

4.2m8.7m13.6m17.2m11.1m5.4m13.5m6.5m20.5m7.3m14.9m22.4m7.8m17.4m

Inventories

(8.2m)(3.6m)(15.3m)(20.8m)(10.5m)(8.6m)(8.3m)(8.6m)(18.1m)(774.0k)3.7m(3.2m)(4.0m)5.1m

Accounts Payable

1.3m1.3m5.5m(4.4m)976.0k(4.6m)6.2m4.9m348.0k(2.2m)5.4m(972.0k)(1.0m)509.0k
show all
Show all financial metrics

Destination XL Group Operating Metrics

Destination XL Group's Stores was reported to be 344 in Q1, 2018.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Retail Space, sq. ft.

1.98 m2.03 m2.04 m2.05 m2.03 m2.05 m2.08 m2.13 m2.11 m2.15 m

Stores

353357354354345345348352343344
Show all operating metrics

Destination XL Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

Learn more about our premium products
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Destination XL Group Online and Social Media Presence

Destination XL Group's Trends

Embed Graph

Destination XL Group Company Culture

  • Overall Culture

    B-

    71/100

  • CEO Rating

    A

    77/100

  • Compensation

    C

    62/100

Learn more on Comparably

Destination XL Group News and Updates

April 29, 2021

Destination XL Group, Inc. Joins Nearly 2,000 CEOs in Unprecedented Commitment to Advance Diversity and Inclusion in the Workplace

Coalition Expands Reach and Impact into the Business Community Coalition Expands Reach and Impact into the Business Community
April 15, 2021

Destination XL Group, Inc. Appoints Digital Transformation Veteran Elaine Rubin to Board of Directors

CANTON, Mass., April 15, 2021 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (OTCQX: DXLG), the largest omni-channel specialty retailer of big and tall men’s clothing and shoes, announced today that it has appointed Elaine Rubin, 58, to the Company’s Board of Directors. She will serve as a directo…
March 18, 2021

Destination XL Group, Inc. Reports Fiscal 2020 Fourth-Quarter and Full Year Financial Results

CANTON, Mass., March 18, 2021 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (OTCQX: DXLG), the largest omni-channel specialty retailer of big and tall men’s clothing and shoes, today reported financial results for the fourth quarter and fiscal year 2020.
February 05, 2021

Destination XL Group, Inc. Announces $5 Million Registered Direct Offering

CANTON, Mass., Feb. 05, 2021 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (OTCQX:DXLG), the largest omni-channel specialty retailer of big and tall men's apparel, today announced that it has entered into a stock purchase agreement with funds affiliated with a single institutional investor fund m…
January 11, 2021

Destination XL Group, Inc. Holiday Sales Results and Guidance

CANTON, Mass., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Destination XL Group, Inc. (OTCQX:DXLG), the largest omni-channel specialty retailer of big and tall men's apparel, today announced the following results for the 9-week holiday sales period ended January 2, 2021 (unaudited):
November 06, 2020

Destination XL Group, Inc. to Announce Third Quarter 2020 Financial Results on November 20, 2020

Company to Webcast Conference Call Live at 9:00 a.m. ET Company to Webcast Conference Call Live at 9:00 a.m. ET
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 Destination XL Group Frequently Asked Questions

  • When was Destination XL Group founded?

    Destination XL Group was founded in 1976.

  • Who are Destination XL Group key executives?

    Destination XL Group's key executives are Lionel F. Conacher, Harvey S. Kanter and Peter H. Stratton.

  • How many employees does Destination XL Group have?

    Destination XL Group has 1,171 employees.

  • What is Destination XL Group revenue?

    Latest Destination XL Group annual revenue is $450.3 m.

  • What is Destination XL Group revenue per employee?

    Latest Destination XL Group revenue per employee is $384.5 k.

  • Who are Destination XL Group competitors?

    Competitors of Destination XL Group include Revolve, Modanisa and Boden.

  • Where is Destination XL Group headquarters?

    Destination XL Group headquarters is located at 555 Turnpike St, Canton.

  • Where are Destination XL Group offices?

    Destination XL Group has offices in Canton, Albany, Albuquerque, Allen and in 189 other locations.

  • How many offices does Destination XL Group have?

    Destination XL Group has 193 offices.