Press Releases

Date Title  
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 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 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 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
Toggle Summary Lisa Gavales Joins Destination Maternity’s Board of Directors
– Announces Departure of Current Board Member Holly Alden – MOORESTOWN, N.J. --(BUSINESS WIRE)--Mar. 18, 2019-- Destination Maternity Corporation (NASDAQ: DEST), the world's leading maternity apparel retailer, today announced that it has appointed Lisa Gavales to the Board of Directors (the
Toggle Summary Destination Maternity Announces Two Key Executive Appointments - Chief Financial Officer and Chief Transformation Officer
– Dave J. Helkey Named CFO and COO; Brings Over 20 years of Financial and Operating Experience – – Announces Consultant Contract to Engage Doug Goeke as New Chief Transformation Officer – MOORESTOWN, N.J. --(BUSINESS WIRE)--Jan. 9, 2019-- Destination Maternity Corporation (NASDAQ:DEST), the world's
Toggle Summary Destination Maternity Reports Third Quarter and First Nine Months Fiscal 2018 Results
Q3 Selling, General and Administrative expenses declined 8.7% Full-year 2018 SG&A now guided to $198 million to $202 million vs. $219 million in FY17 on flat same store sales Q3 Adjusted EBITDA before other charges +95% to $3.9 million , +$1.9 million from the prior year third quarter Q3 e-Commerce