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DXL BIG + TALL CANTON , Mass . , November 17 , 2021 Destination XL Group , Inc. ( NASDAQ : DXLG ) , the leading omni - channel specialty retailer of Big + Tall men's clothing and shoes , today reported operating results for the third quarter of fiscal 2021 and provided updated guidance for the fiscal year . Third Quarter Financial Highlights Total sales for the third quarter were $ 121.5 million , up 42.6 % from $ 85.2 million in the third quarter of fiscal 2020 and up 14.0 % from $ 106.6 million in the third quarter of fiscal 2019. Compared to the third quarter of fiscal 2019 , comparable sales increased 22.9 % . ● Destination XL Group , Inc. Reports Third Quarter Financial Results Third Quarter Comparable Sales up 22.9 % to Fiscal 2019 ; Third Quarter Net Income $ 13.7 million , EPS $ 0.20 per diluted share Raises Guidance for Fiscal 2021 : Sales $ 500- $ 510 million , EPS $ 0.72- $ 0.80 per diluted share ● Net income for the third quarter was $ 13.7 million , or $ 0.20 per diluted share , as compared to a net loss of $ ( 7.0 ) million , or $ ( 0.14 ) per diluted share , in the third quarter of fiscal 2020 and a net loss of $ ( 7.2 ) million , or $ ( 0.14 ) per diluted share , in the third quarter of fiscal 2019 . Adjusted EBITDA for the third quarter was $ 19.0 million compared to $ ( 1.7 ) million in the third quarter of fiscal 2020 and $ 1.7 million in the third quarter of fiscal 2019 . Cash Flow from operations for the first nine months of fiscal 2021 was $ 64.2 million as compared to the first nine months of fiscal 2020 of $ ( 8.6 ) million and the first nine months of fiscal 2019 of $ ( 14.4 ) million . Free Cash Flow was $ 61.3 million as compared to $ ( 11.6 ) million for the first nine months of 2020 and $ ( 25.4 ) million for the first nine months of fiscal 2019 . At October 30 , 2021 , there was no debt outstanding and total cash of $ 6.9 million , compared to total debt , net of cash , of $ 61.5 million at October 31 , 2020 and $ 77.5 million at November 2 , 2019. Availability under our credit facility was $ 74.0 million at October 30 , 2021 as compared to $ 13.5 million at October 31 , 2020 and $ 40.6 million at November 2 , 2019 . Management's Comments " I am very pleased to report that our business continued to grow across all customer channels and we believe we are actively growing our market share . Our primary focus is on customer acquisition , which was up 34 % this quarter over fiscal 2019 and then generating repeat visits driving greater lifetime value . We continue to transform DXL's brand positioning to further target the addressable market , acquire new customers and achieve a greater lifetime value across our entire customer file , " said Harvey Kanter , President and Chief Executive Officer . Kanter continued , " With our strong balance sheet , we believe we are well positioned to pursue an aggressive growth strategy . At the end of the third quarter , we were debt - free and had cash on hand of $ 6.9 million . During the quarter , we entered into a new $ 125.0 million revolving credit facility , which extends our facility to October 2026 at more favorable rates . Lastly , during the quarter we prepaid in full our FILO loan obligation . " We are incredibly enthusiastic about the momentum DXL has already generated this year . Given our year - to - date performance , we are raising our full - year guidance , but we are also equally concerned about the ongoing and meaningful supply chain and labor issues that we are grappling with daily , " Kanter concluded .