Destination XL Group, Inc. Announces Unaudited Sales for the 9-Week Holiday Sales Period Ended January 2, 2021
January 11, 2021 at 12:00 pm
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Destination XL Group, Inc. announces unaudited sales for the 9-week holiday sales period ended January 2, 2021. For the period, the company reported total sales decreased 23.9% to $78.4 million compared to $103.1 million for the 9-week holiday sales period ended January 4, 2020. Comparable sales in omni-channel retail business for the same period decreased 24.0%, primarily due to a decrease in comparable store sales of 38.1% which was partially offset by an increase in comparable sales from direct business of 12.7%. Included in total sales are sales from wholesale business of $4.0 million for the 9-week holiday sales period compared to $3.4 million for the same period last year.
Destination XL Group, Inc. is a specialty retailer of big and tall men's apparel with retail locations throughout the United States. The Company operates through the Retail segment. It operates under the trade names of Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL and Casual Male XL outlets. It operates approximately 232 DXL retail stores, 15 DXL outlet stores, 17 Casual Male XL retail stores, 19 Casual Male XL outlet stores, and a digital business. Its DXL retail stores, e-commerce site, and mobile application offers its customers merchandise to fit a variety of lifestyles from casual to business, young to mature, in all price ranges and in all large sizes from XL and up. In addition, it also offers a selection of shoes in sizes 10W to 18W on its websites. Its Casual Male XL retail stores primarily carry moderate-priced national brands and its own brands of casual sportswear and dresswear. It also operates Casual Male XL outlets and DXL outlets for its customers.
DESTINATION XL GROUP, INC. 
