Destination Maternity (DEST) Reports Q3 Loss of $0.20/Share

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Destination Maternity Reports Third Quarter And First Nine Months Fiscal 2017 Results

December 7, 2017 6:45 AM EST

MOORESTOWN, N.J., Dec. 7, 2017 /PRNewswire/ -- Destination Maternity Corporation (NASDAQ: DEST), the world's leading maternity apparel retailer, today announced financial results for the third quarter and first nine months of fiscal 2017 ended October 28, 2017 compared to the third quarter and first nine months of fiscal 2016 ended October 29, 2016.

Third Quarter Fiscal 2017 Financial Results 

Net sales were $96.4 million compared with $102.6 million for the comparable prior year quarter. The decrease was driven by the closure of underperforming stores and exit of the Kohl's® relationship, which was included in prior year... More