Destination Maternity Reports First Quarter Fiscal 2017 Results
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Destination Maternity (DEST) Reports Q1 Loss of $0.08
June 8, 2017 6:46 AM EDTDestination Maternity (NASDAQ: DEST) reported Q1 EPS of ($0.08), versus $0.30 reported last year. Revenue for the quarter came in at $106.4 million, versus $124.4 million reported last year.
Net sales were $106.4 million compared with $124.4 million for the prior year quarter.Gross margin improved 30 basis points to 54.4%, up from 54.1% in the prior year quarter. SG&A declined approximately $3.2 million to... More