Implements Path Forward to Enhance Profitability and Continue Its Ongoing Sale Process MOORESTOWN, N.J. --(BUSINESS WIRE)--Oct. 21, 2019-- Destination Maternity Corporation (NASDAQ: DEST) (“Destination Maternity” or the “Company”), the premier national retailer for maternity apparel and
- Operating loss of $2.2 million versus $2.8 million in prior year period - Adjusted EBITDA before other charges of $2.0 million versus $4.0 million in prior year period - Gross Profit Margins of 51.4% versus 51.7% in prior year period - Selling, General and Administrative expenses decline 9.9%
MOORESTOWN, N.J. --(BUSINESS WIRE)--Sep. 13, 2019-- Destination Maternity Corporation (Nasdaq: DEST) today announced its second quarter fiscal 2019 financial results will take place on Tuesday, September 17, 2019 . Results will be released at approximately 9:00 a.m. Eastern Time .
Cost Savings of $4.0 million - $4.5 Million on Annualized Run-Rate Basis MOORESTOWN, N.J. --(BUSINESS WIRE)--Jun. 24, 2019-- Destination Maternity Corporation (Nasdaq:DEST) today announced a reduction in force (“RIF”) that is expected to generate cost savings of $4.0 million - $4.5 million on an
- Operating income of $1.6 million versus $1.4 million in prior year period - Adjusted EBITDA before other charges of $6.7 million versus $7.9 million in prior year period - Gross Profit Margins Improve to 54.8% from 53.7% in prior year period - Selling, General and Administrative expenses decline
CEO Marla Ryan to Step Down; Board Initiates CEO Search Lisa Gavales Named Chair of Newly Created Interim Office of the CEO Company Adds Gene Davis to Board of Directors MOORESTOWN, N.J. --(BUSINESS WIRE)--Jun. 12, 2019-- Destination Maternity Corporation (Nasdaq:DEST) announced today that Marla
MOORESTOWN, N.J. --(BUSINESS WIRE)--Jun. 4, 2019-- Destination Maternity Corporation (Nasdaq: DEST) today announced its first quarter fiscal 2019 financial results will take place on Thursday, June 13, 2019 . Results will be released at approximately 6:45 a.m. Eastern Time .
- Operating loss of $9.6 million for fiscal 2018 versus an operating loss of $16.0 million in 2017 - Adjusted EBITDA before other charges for fiscal 2018 increases 23% or $3.0 million versus 2017 - Comparable retail sales for fiscal 2018 decline 1.8% versus 2017 - Selling, General and
MOORESTOWN, N.J. --(BUSINESS WIRE)--Apr. 4, 2019-- Destination Maternity Corporation (Nasdaq: DEST) today announced its fourth quarter fiscal 2018 financial results will take place on Tuesday, April 16, 2019 . Results will be released at approximately 6:45 a.m. Eastern Time .
- Announces Departure of Current Board Member Andrea J.Funk - MOORESTOWN, N.J. --(BUSINESS WIRE)--Apr. 1, 2019-- Destination Maternity Corporation (NASDAQ:DEST), the world's leading maternity apparel retailer, today announced that it has appointed Greg Kleffner to the Board of Directors (the
