Destination XL Group, Inc. announced that total sales for the 9-week holiday sales period ended January 4, 2025, were $94.7 million. This represents a decrease compared to $102.4 million reported for the same 9-week holiday period ended December 28, 2023.
Comparable sales for the holiday period decreased by 8.7%. This decline reflects ongoing challenges in consumer spending within the men's apparel sector.
The company also provided an update to its fiscal year 2024 guidance, which was previously revised on November 22, 2024. This update confirms the continued impact of market conditions on the company's financial outlook.
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