Destination XL Group, Inc. reported second quarter fiscal 2026 results with total sales of $111.6 million, a 3.4% decline from the prior year period. Comparable sales decreased 3.5%, driven by lower traffic across stores and digital channels, though sequential trends improved from May through July. Net income was $2.0 million, or $0.04 per diluted share, compared to a net loss of $(0.3) million in the previous year, primarily due to a $4.6 million tariff refund. Adjusted EBITDA rose to $7.7 million from $4.7 million. The company also announced that its Board has determined the proposed merger with FullBeauty is no longer advisable and recommended shareholders vote against the issuance proposal. Destination XL Group operates as an integrated-commerce specialty retailer of Big + Tall men’s clothing and footwear.
