Destination XL Group Inc 2025年季度报告

(Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period ended November 1, 2025 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 DESTINATION XL GROUP, INC. (Exact Name of Registrant as Specified in its Charter) Delaware(State or other jurisdiction ofincorporation or organization)555 Turnpike StreetCanton, MA(Address of principal executive offices) Registrant’s telephone number, including area code: (781) 828-9300 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was requiredto submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☐Emerging growth company☐ Accelerated filer☒Smaller reporting company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒As of November 11, 2025, the registrant had 54,656,415 shares of common stock, $0.01 par value per share, outstanding. DESTINATION XL GROUP, INC.CONSOLIDATED BALANCE SHEETS(In thousands, except share data)(Unaudited) DESTINATION XL GROUP, INC.CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY(In thousands)(Unaudited) DESTINATION XL GROUP, INC.CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY(In thousands)(Unaudited) DESTINATION XL GROUP, INC.CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)(Unaudited) DESTINATION XL GROUP, INC. Notes to Consolidated Financial Statements (Unaudited) 1. Basis of Presentation In the opinion of management of Destination XL Group, Inc., a Delaware corporation (collectively with its subsidiaries, referred toas the “Company”), the accompanying unaudited Consolidated Financial Statements contain all adjustments necessary for a fairpresentation of the interim financial statements. These financial statements do not include all disclosures associated with annualfinancial statements and, accordingly, should be read in conjunction with the notes to the Company’s audited ConsolidatedFinancial Statements for the fiscal year ended February 1, 2025 included in the Company’s Annual Report on Form 10-K, whichwas filed with the Securities and Exchange Commission ("SEC") on March 20, 2025. The information set forth in these statements may be subject to normal year-end adjustments. The information reflects alladjustments that, in the opinion of management, are necessary to present fairly the Company’s results of operations, financialposition and cash flows for the periods indicated. The preparation of financial statements in conformity with accounting principlesgenerally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts ofassets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reportedamounts of revenues and expenses during the reporting period. The Company’s business historically has been seasonal in nature,and the results of the interim periods presented are not necessarily indicative of the results to be expected for the full year. The Company’s fiscal year is a 52- or 53- week period ending on the Saturday closest to January 31. Fiscal 2025 and fiscal 2024are both 52-week periods ending on January 31, 2026 and February 1, 2025, respectively. Segment Information The Company has two operating segments: its stores and its direct business. The Company considers its stores and direct businessoperating segments to be similar in terms of economic characteristics, production processes and operations, and has thereforeaggregated them into one reportable segment consistent with its integrated commerce business approach. See Note 10,SegmentDisclosures. Cash and Cash Equivalents