Destination Maternity (DEST) Reports Q2 Loss of $0.14; Updates FY16 Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Destination Maternity Reports Second Quarter And First Six Months Fiscal 2016 Results
August 25, 2016 6:00 AM EDTMOORESTOWN, N.J., Aug. 25, 2016 /PRNewswire/ --Â Destination Maternity Corporation (NASDAQ: DEST), the world's leading maternity apparel retailer, today announced financial results for the second quarter and first six months of fiscal 2016 ended July 30, 2016 compared to the second quarter and first six months of fiscal 2015 ended August 1, 2015.
Second Quarter Fiscal 2016 Selected Financial Results (13 weeks ended July 30, 2016)
Comparable sales decreased 2.7%, compared to a 2.0% increase for the second quarter of fiscal 2015; Gross margin improved 510 basis points to 51.5%, up from 46.4% in the prior year quarter; SG&A declined $5.0... More