Here are 1-3 brief analogies for Destination XL (DXLG):

• Zappos for big & tall men's clothing: Like Zappos became the definitive online destination for shoes, Destination XL aims to be the go-to specialist for big & tall men's apparel.
• Nordstrom for big & tall men: Similar to how Nordstrom offers a higher-end, comprehensive shopping experience for general apparel, DXLG provides a focused, elevated experience for men requiring big & tall sizes.
• The Lane Bryant for men's big & tall apparel: Just as Lane Bryant caters specifically to plus-size women, Destination XL is a dedicated specialty retailer focusing entirely on men's big & tall clothing.

• Big & Tall Men's Clothing: Offers a wide selection of apparel specifically designed for men of larger and taller sizes, including dress wear, casual wear, and activewear.
• Big & Tall Men's Accessories: Provides complementary items such as belts, ties, socks, and other accessories tailored for the big and tall market.
• Big & Tall Men's Footwear: Sells shoes and boots available in larger sizes and wider widths to accommodate big and tall men.

Destination XL (symbol: DXLG) primarily sells to individual consumers. The company operates a specialty retail business focusing on men's big and tall apparel. Therefore, it does not have major customer companies in the traditional B2B sense.

Based on their business model, the major categories of individual customers Destination XL serves include:

• Men requiring extended sizes (big and/or tall): This is the core demographic, as conventional apparel retailers often have limited or no offerings in these sizes, creating a significant market need that DXLG addresses. These customers seek clothing that fits well and is comfortable, which is often hard to find elsewhere.
• Fashion-conscious big & tall men: Customers who seek stylish, modern, and branded apparel options that go beyond basic selections. They are looking for quality, variety, and the latest trends tailored to their specific sizing requirements, enabling them to dress well for various occasions.
• Convenience-oriented shoppers: Individuals who appreciate the specialized shopping experience offered by DXLG, whether through its dedicated brick-and-mortar stores (providing fitting expertise and immediate gratification) or its comprehensive e-commerce platforms (offering a vast selection and ease of online purchasing for their specific sizing needs). These customers value a retailer that understands and caters exclusively to their unique sizing challenges.

Harvey S. Kanter President, Chief Executive Officer and Director

Mr. Kanter has served as President, Chief Executive Officer, and Director of Destination XL Group, Inc. since April 1, 2019, joining as an advisor in February 2019. He has over 30 years of business experience in the retail industry. Previously, he was the President and Chief Executive Officer of Blue Nile, Inc., an online retailer of diamonds and jewelry, from March 2012 until June 2017, also serving as its Chairman from January 2014 until February 2020. Blue Nile, Inc. was acquired and taken private by Bain Capital in early 2017. From January 2009 to March 2012, Mr. Kanter was the Chief Executive Officer and President of Moosejaw Mountaineering and Backcountry Travel, Inc., a multi-channel retailer where he led a successful turnaround that resulted in the company's acquisition by Walmart. He also held executive positions at Michaels Stores, Inc. from April 2003 to June 2008.

Peter H. Stratton, Jr. Executive Vice President, Chief Financial Officer and Treasurer

Mr. Stratton was promoted to Executive Vice President, Chief Financial Officer, and Treasurer in November 2017. He was appointed Senior Vice President, Chief Financial Officer, and Treasurer in June 2014.

Lionel F. Conacher Chairman of the Board

Mr. Conacher has been the Chairman of Destination XL Group, Inc. since 2020, and previously served as a Director of the company. His prior experience includes serving as Interim Chief Executive Officer at Better Choice Company Inc. from 2022 to 2023, and as a Managing Partner of Next Ventures, GP from 2018 to 2021. He was also the President and Chief Operating Officer at Thomas Weisel Partners from 2008 to 2010.

James Reath Chief Marketing Officer

Mr. Reath has served as the Chief Marketing Officer of Destination XL Group, Inc. since 2022. Before joining Destination XL, he was the Senior Vice President of Marketing at Bed Bath & Beyond Inc. from 2021 to 2022, and the Senior Vice President of Marketing at Macy's, Inc. from 2017 to 2020. His background also includes roles as Executive Vice President, Head of Retail at BBDO New York from 2013 to 2017, and various leadership positions in retail and shopper marketing at McKinney from 2010 to 2013.

Robert A. Bogan Chief Technology Officer

Mr. Bogan has been the Chief Technology Officer of Destination XL Group, Inc. since 2023. Prior to this role, he was the Chief Information Officer at The Cato Corporation in 2023 and the Chief Technology Officer at Mitchell Gold + Bob Williams from 2021 to 2023. He also served as Senior Vice President of Technology and Chief Information Officer at California Closets, Inc. from 2018 to 2021, and Vice President of International Systems and Business Intelligence (BI) Reporting at William Sonoma from 2011 to 2018.

The increasing availability of extended sizing (e.g., 2XL, 3XL, 4XL and up) from mainstream fashion brands and general apparel retailers, both brick-and-mortar and online, directly challenges Destination XL's historical unique selling proposition as a specialty retailer for big & tall men. As more conventional brands and retailers (including fast-fashion companies and large online marketplaces) expand their size offerings and improve their styles and fits for larger men, customers have less incentive to seek out a dedicated big & tall store. This shifts the market from a specialized niche to a more integrated part of the broader apparel landscape, eroding DXLG's competitive moat.

Destination XL (DXLG) is a leading specialty retailer focused on men's big and tall apparel, footwear, and accessories. Their product offerings include a comprehensive range of casual wear, formal wear, activewear, outerwear, various types of shoes (dress, casual, athletic, sandals, boots), and accessories such as belts, hats, socks, and underwear.

The addressable market for Destination XL's main products and services, focusing on the global and North American "Plus Size and Big & Tall Clothing Market," is substantial.

• The global Plus Size and Big & Tall Clothing Market was valued at approximately USD 134 billion in 2023 and is projected to reach USD 179 billion by 2032.
• North America represents the largest regional market for Plus Size and Big & Tall Clothing. In 2023, North America commanded approximately 44.1% of the global plus-size clothing market, which was valued at USD 141.38 billion for the overall plus-size clothing market in that region. Within this broader market, the men's segment is experiencing strong growth.

Expected Drivers of Future Revenue Growth for Destination XL (DXLG)

Share Repurchases

• Destination XL Group, Inc. authorized a stock repurchase program of up to $15 million of its common stock on September 4, 2024, which was set to expire on February 1, 2025.
• Approximately $13.6 million of shares were repurchased since May 4, 2024, as reported on May 29, 2025.

Share Issuance

• On November 3, 2025, directors Elaine Rubin and Carmen R. Bauza each acquired 20,266 shares of common stock at a price of $0.9992 per share, issued as compensation for their quarterly annual retainer.

Capital Expenditures

• For fiscal 2025, capital expenditures are expected to range from $17.0 million to $19.0 million, net of tenant incentives.
• The primary focus of capital expenditures in fiscal 2025 includes the opening of additional DXL stores, with two additional stores expected to open during the year.
• Annual maintenance capital expenditure is projected to be between $5 million and $12 million.