Destination Maternity Reports Fourth Quarter And Fiscal 2016 Results

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Destination Maternity (DEST) Reports Q4 Loss of $0.23; Comps Fall 7.8%

April 13, 2017 6:46 AM EDT

Destination Maternity (NASDAQ: DEST) reported Q4 EPS of ($0.23), versus ($0.11) reported last year. Revenue for the quarter came in at $100.16 million, versus $118.29 million reported last year.

Comparable sales decreased 7.8% following a 3.5% decline for the fourth quarter of fiscal 2015;Gross margin improved 120 basis... More