Destination Maternity Announces Resignation Of CFO

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Destination Maternity (DEST) Reports Q4 Loss of $0.11; CFO Tirnauer Resigns

March 29, 2016 8:37 AM EDT

Destination Maternity (NASDAQ: DEST) reported Q4 EPS of ($0.11), versus ($1.02) reported last year. Revenue for the quarter came in at $118.29 million, versus $121.18 million reported last year.

Comparable sales decreased 3.5%, compared to a 1.0% decrease for the three month period ended January 31, 2015.

Destination Maternity also announced that Judd P. Tirnauer, Executive Vice President & Chief Financial Officer will depart the Company to take a senior leadership role with a private specialty retailer. Mr. Tirnauer will remain with the Company until April 22, 2016 to ensure a... More