Destination XL Group has reported sales of $101.9 million in Q3 FY25, down 5.2 per cent YoY, with comparable sales declining 7.4 per cent amid weaker discretionary spending.
Gross margin fell to 42.7 per cent due to higher occupancy and markdowns.
The retailer posted a $4.1 million net loss, while digital sales and cash balances also declined despite ongoing store expansion.
Gross margin fell to 42.7 per cent due to higher occupancy and markdowns.
The retailer posted a $4.1 million net loss, while digital sales and cash balances also declined despite ongoing store expansion.
