Press Releases

Date Title  
Toggle Summary Destination Maternity Announces Proposed Stalking Horse Bidder
Marquee Brands provides "stalking horse" bid in court-supervised Chapter 11 restructuring Motherhood Maternity®, A Pea in the Pod® and Destination Maternity® Stores and Websites Remain Open During Process MOORESTOWN, N.J. --(BUSINESS WIRE)--Dec. 2, 2019-- Destination Maternity Corporation (NASDAQ:
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 .