Destination Maternity (DEST) Tops Q3 EPS by 3c; Comps Down 1.6%; Guides FY11

July 27, 2011 6:55 AM
Destination Maternity (NASDAQ: DEST) reported Q3 EPS of $0.75, $0.03 better than the analyst estimate of $0.72. Revenue for the quarter came in at $146.7 million versus the consensus estimate of $146.7 million.

Comparable retail sales (which consists of comparable store sales and Internet sales) for the third quarter of fiscal 2011 decreased 1.6%.

Destination Maternity sees FY2011 EPS of $1.85-$1.95, versus the consensus of $1.93. Destination Maternity sees FY2011 revenue of $544.5-$547.5 million, versus the consensus of $549.95 million.

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Earnings Guidance Retail Sales