Destination XL Announces Merger with FullBeauty Holdings

Destination XL ( (DXLG) ) has issued an update.

On December 11, 2025, Destination XL Group, Inc. (DXL) and FBB Holdings I, Inc. (FullBeauty) announced a merger of equals to create a leading retailer in the inclusive apparel market. The combined company aims to leverage complementary strengths in gender, product, and channel to accelerate growth and improve operational efficiency. The merger is expected to generate $25 million in annual cost synergies and enhance financial flexibility, positioning the company for long-term growth and shareholder value. The leadership team will include Jim Fogarty as CEO and Peter Stratton as CFO, with the headquarters remaining in Canton, MA.

The most recent analyst rating on (DXLG) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Destination XL stock, see the DXLG Stock Forecast page.

Spark’s Take on DXLG Stock

According to Spark, TipRanks’ AI Analyst, DXLG is a Neutral.

Destination XL’s overall score reflects significant financial challenges and bearish technical indicators. Strategic shifts and improving sales trends offer some optimism, but immediate risks from declining sales and operational issues weigh heavily on the stock’s outlook.

To see Spark’s full report on DXLG stock, click here.

More about Destination XL

Destination XL Group, Inc. (DXL) is a leading integrated commerce retailer specializing in Big + Tall men’s clothing and footwear. The company focuses on providing a wide range of apparel options for plus-size individuals, leveraging both physical stores and an omni-channel platform to reach its customers.

Average Trading Volume: 65,868

Technical Sentiment Signal: Sell

Current Market Cap: $59.27M

Learn more about DXLG stock on TipRanks’ Stock Analysis page.