Destination XL FY26 Q2 swings to profit of $2 million; sales fall 3.4% to $111.6 million

• Destination XL posted fiscal Q2 net income of USD 2 million, returning to profit from a loss a year earlier; EPS was USD 0.04.
• Net sales fell 3.4% to USD 111.6 million, with comparable sales down 3.5% versus the prior-year quarter.
• Gross margin widened 2.7 percentage points to 47.9%, boosted by a USD 4.6 million tariff refund.
• Adjusted EBITDA rose to USD 7.7 million from USD 4.7 million a year earlier, reflecting the tariff refund benefit.
• Board said the FullBeauty merger is no longer advisable; FiTMAP is in 188 stores, with more than 150,000 customer engagements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Destination XL Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609090700PRIMZONEFULLFEED9823468) on September 09, 2026, and is solely responsible for the information contained therein.