XL males’s retailer sees gross sales fall by 6% as People flip to weight-loss medication

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Your assist makes all of the distinction. Learn extra Vacation spot XL has seen gross sales fall by about 6 % as People flip to weight-loss medication.

The plus-size males’s clothes chain lately reported its earnings for the fourth quarter of the 2025 fiscal yr, which ended on January 31, 2026. Whole gross sales for the quarter had been $112.1 million, a 6 % lower from the yr earlier than.

In a name with analysts final Thursday, DXL CEO Harvey Kanter stated of GLP-1 medication, “We did not suppose it was going to be impacting the enterprise as a lot on the stage we expect at this time it's.”

“And we even have been instructed and see clients which might be transferring round, each transferring down in dimension, but in addition for no matter purpose, on the medication they usually determine to get off they usually're transferring again up,” Kanter stated. “So there's simply plenty of volatility. I do not know that we'll see what I might let you know some stage of stabilization of the buyer relative to GLP medication for some time period.”

<img src="https://static.independent.co.uk/2026/03/23/20/32/GettyImages-2150032381.jpg" srcset="https://static.independent.co.uk/2026/03/23/20/32/GettyImages-2150032381.jpg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2026/03/23/20/32/GettyImages-2150032381.jpg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="Destination XL has seen sales fall by about 6 percent as Americans turn to weight-loss drugs" class="sc-1mc30lb-0 ggpMaE inline-gallery-btn"/> Vacation spot XL has seen gross sales fall by about 6 % as People flip to weight-loss medication (ScotGetty Photos) Kanter urged clients might not need to purchase extra garments till they're at a weight they need to keep.

“Usually, weight lack of any form up or down is a buddy of ours. However I feel proper now, we're in a sample the place they're reducing weight they usually're on a journey, they usually're making an attempt to to not purchase garments till they're carried out with that journey. So we do suppose it can come again,” the CEO stated.

Retail Dive reported first on the results weight-loss medication have had on DXL.

In keeping with a ballot launched by well being coverage group KFF final November, 1 in 8 US adults stated they're taking a GLP-1 drug akin to Ozempic or Wegovy for weight reduction, diabetes or one other persistent situation. Almost one in 5 adults stated they've taken a GLP-1 drug sooner or later.

<img src="https://static.independent.co.uk/2026/03/23/20/44/GettyImages-2267009705.jpg" srcset="https://static.independent.co.uk/2026/03/23/20/44/GettyImages-2267009705.jpg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2026/03/23/20/44/GettyImages-2267009705.jpg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="According to a poll released last November, 1 in 8 US adults said they are taking a GLP-1 drug" class="sc-1mc30lb-0 ggpMaE inline-gallery-btn"/> In keeping with a ballot launched final November, 1 in 8 US adults stated they're taking a GLP-1 drug (AFP through Getty Photos) A current research by Cleveland Clinic discovered 47.6 % of those that stopped taking weight-loss medication did so for monetary causes, whether or not that be as a result of insurance coverage didn’t cowl it, a reduction for the drug was not out there or out-of-pocket prices had been unaffordable.

One other 14.6 % stated they stopped due to unintended effects, and one other 11.8 % stated they stopped due to drug shortages.

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Using GLP-1 medication by clients was simply one in every of a number of elements impacting the plus-size attire trade.

“Fiscal 2025 as a complete displays the continued challenges dealing with the large + tall retail sector. Site visitors remained comfortable, shopper sentiment was cautious, and clients shopped much less incessantly, usually prioritizing necessities and cheaper price factors,” Kanter stated in a current press launch.

<img src="https://static.independent.co.uk/2026/03/23/20/59/Ozempic.jpeg" srcset="https://static.independent.co.uk/2026/03/23/20/59/Ozempic.jpeg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2026/03/23/20/59/Ozempic.jpeg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="The CEO of DXL said of GLP-1 drugs, ‘We didn't think it was going to be impacting the business as much at the level we think today it is’" class="sc-1mc30lb-0 ggpMaE inline-gallery-btn"/> The CEO of DXL stated of GLP-1 medication, ‘We did not suppose it was going to be impacting the enterprise as a lot on the stage we expect at this time it's’ (Getty Photos) Regardless of a lower in fourth-quarter gross sales, DXL stays optimistic concerning the fiscal yr forward.

“Our fourth quarter comparable gross sales by way of the vacation season and into early January had been down 5.8 %, an enchancment from the remainder of the yr. That momentum was interrupted by a extreme Arctic climate occasion that impacted a lot of the nation throughout the remaining two weeks of January,” Kanter stated. “Nevertheless, I'm happy to report that 2026 is off to a greater begin with comparable gross sales for the month of February down 1.3 % and early March seems to be following an analogous development.”

DXL will shut a merger with FullBeauty Manufacturers within the second quarter of the 2026 fiscal yr.

“This merger creates a scaled, category-defining retailer for inclusive attire, which we count on will generate $1.2 billion of income, $25 million of annual run-rate value synergies, and significant industrial synergies, making a compelling alternative to drive long-term worth for DXL shareholders,” Kanter stated.

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