Destination Maternity (DEST) Declares $0.20 Quarterly Dividend; 14.2% Yield

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Destination Maternity Reports Third Quarter And First Nine Months Fiscal 2015 Results

December 3, 2015 6:00 AM EST

MOORESTOWN, N.J., Dec. 3, 2015 /PRNewswire/ -- Destination Maternity Corporation (NASDAQ: DEST), the world's leading maternity apparel retailer, today announced results for the third quarter and first nine months of fiscal 2015, ended October 31, 2015 compared to the three months and nine months ended November 1, 2014.

For the third quarter of fiscal 2015, the Company reported a GAAP net loss of $1.3 million, or $0.09 per diluted share, which included other charges of approximately $0.4 million, net of tax, related to the relocations of its headquarters and distribution facilities, and $0.3 million, net of tax, related to management... More

Destination Maternity Declares Quarterly Cash Dividend

December 3, 2015 5:45 AM EST

MOORESTOWN, N.J., Dec. 3, 2015 /PRNewswire/ -- Destination Maternity Corporation (Nasdaq: DEST), the world's leading maternity apparel retailer, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share.  The cash dividend will be payable January 21, 2016 to stockholders of record at the close of business on January 7, 2016.

Destination Maternity Corporation is the world's largest designer and retailer of maternity apparel.  As of August 1, 2015 Destination Maternity operates 1,865 retail locations in the United States, Canada, Puerto Rico and, most recently, England, including 552 stores, predominantly under the... More