Press Releases

Date Title  
Toggle Summary Destination Maternity to Continue Sale Process Through Voluntary Chapter 11 Filing
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
Toggle Summary Destination Maternity Reports Second Quarter Fiscal 2019 Results
- 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%
Toggle Summary Destination Maternity Corporation Announces Conference Call for Second Quarter Fiscal 2019 Financial Results on Tuesday, September 17, 2019 at 10:00 A.M. Eastern Time
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 .
Toggle Summary Destination Maternity Corporation Announces Reduction in Force
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
Toggle Summary Destination Maternity Reports First Quarter Fiscal 2019 Results
- 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
Toggle Summary Destination Maternity Corporation Announces Senior Leadership Transition and Appoints New Board Member
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
Toggle Summary Destination Maternity Corporation Announces Conference Call for First Quarter Fiscal 2019 Financial Results on Thursday, June 13, 2019 at 9:00 A.M. Eastern Time
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 .
Toggle Summary Destination Maternity Reports Fourth Quarter and Fiscal 2018 Results
- 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
Toggle Summary Destination Maternity Corporation Announces Conference Call for Fourth Quarter Fiscal 2018 Financial Results on Tuesday, April 16, 2019 at 9:00 A.M. Eastern Time
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 .
Toggle Summary Greg Kleffner Joins Destination Maternity’s Board of Directors
- 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