Destination XL reports Q1 loss of $0.11/share as comparable sales decline 3.8%

Destination XL Group reported Q1 FY2026 sales of $103.3 million with net loss of $5.9 million ($0.11 per diluted share), as comparable store sales declined 3.8% year-over-year. The company cited positive trends in conversion rates and average order value, while cash reserves fell to $16.2 million from $29.1 million year-over-year with no outstanding debt.