Destination Maternity (DEST) Reports Q2 Loss of $0.12

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Destination Maternity Reports Second Quarter And First Six Months Fiscal 2015 Results

August 27, 2015 6:00 AM EDT

MOORESTOWN, N.J., Aug. 27, 2015 /PRNewswire/ -- Destination Maternity Corporation (NASDAQ: DEST), the world's leading maternity apparel retailer, today announced results for the second quarter and first six months of fiscal 2015, ended August 1, 2015 compared to the three months and six months ended August 2, 2014.

For the second quarter of fiscal 2015, the Company reported a GAAP net loss of $2.7 million, or $0.20 per share, which included a one-time pretax cash benefit of $4.1 million ($2.5 million, net of tax) from the termination of a superstore lease offset by (i) $0.1 million, net of tax, related to store... More