Destination XL Group Completes Asset Acquisition/Disposition
Ticker: DXLG · Form: 8-K · Filed: Jan 13, 2025 · CIK: 813298
Sentiment: neutral
Topics: acquisition, disposition, assets, filing
TL;DR
DXLG just filed an 8-K for asset acquisition/disposition. Big moves happening.
AI Summary
On January 13, 2025, Destination XL Group, Inc. filed an 8-K report indicating the completion of an acquisition or disposition of assets. The filing also includes financial statements and exhibits related to this event. The company, formerly known as Casual Male Retail Group Inc., is incorporated in Delaware and headquartered in Canton, Massachusetts.
Why It Matters
This filing signals a significant corporate event for Destination XL Group, Inc., potentially impacting its business structure, assets, and financial standing.
Risk Assessment
Risk Level: medium — The completion of an acquisition or disposition of assets can introduce significant changes to a company's operations and financial health, warranting careful review.
Key Numbers
- 0000813298 — Central Index Key (Unique identifier for the filer)
- 001-34219 — SEC File Number (SEC filing identifier)
Key Players & Entities
- DESTINATION XL GROUP, INC. (company) — Registrant
- January 13, 2025 (date) — Date of earliest event reported
- CASUAL MALE RETAIL GROUP INC (company) — Former company name
- 555 Turnpike Street (location) — Principal Executive Offices Address
- Canton, Massachusetts (location) — Principal Executive Offices City and State
FAQ
What specific assets were acquired or disposed of by Destination XL Group, Inc.?
The filing indicates the completion of an acquisition or disposition of assets but does not specify the exact assets involved in this 8-K report.
What is the financial impact of this transaction on Destination XL Group, Inc.?
The filing does not provide specific financial details or the impact of the transaction; it only reports the completion of the event.
When did the transaction officially close?
The report is dated January 13, 2025, and the 'Date as of change' is also January 13, 2025, indicating the transaction's completion on or around this date.
Are there any exhibits attached to this filing that provide more detail?
Yes, the filing states 'Financial Statements and Exhibits' are included, suggesting that further details may be found within the attached exhibits.
What was Destination XL Group, Inc. formerly known as?
Destination XL Group, Inc. was formerly known as CASUAL MALE RETAIL GROUP INC.
Filing Stats: 462 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2025-01-13 07:05:18
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share DXLG The Nasdaq Stock Mar
Filing Documents
- dxlg-20250113.htm (8-K) — 43KB
- dxlg-ex99_1.htm (EX-99.1) — 52KB
- img200863990_0.jpg (GRAPHIC) — 17KB
- 0000950170-25-004556.txt ( ) — 233KB
- dxlg-20250113.xsd (EX-101.SCH) — 23KB
- dxlg-20250113_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 13, 2025, Destination XL Group, Inc. (the "Company") issued a press release announcing holiday sales for the nine weeks ended January 4, 2025 and an update to its sales and adjusted EBITDA guidance for the fiscal year ending February 1, 2025 ("fiscal 2024"). A copy of this press release is furnished herewith as Exhibit 99.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No . Description 99.1 Press release dated January 13, 2025. 104 Cover Page Interactive Data File – The cover page interactive data file does not appear in the interactive data file because its XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Destination XL Group, Inc. Date: January 13, 2025 By: /s/ Robert S. Molloy General Counsel and Secretary