Destination Maternity (DEST) Reports Q2 Loss of $0.11 on $96M

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Destination Maternity Reports Second Quarter and First Six Months Fiscal 2018 Results

September 10, 2018 6:46 AM EDT

Comparable sales increase 1.2% from prior year second quarter E-commerce sales rise 18.4% from prior year second quarter Selling, General and Administrative expenses decline 5.1% from prior year second quarter Adjusted EBITDA before other charges and change in accounting principle for the first six months of fiscal 2018 increases 13.4% to $11.8 million Management reaffirms full-year guidance and expects Adjusted EBITDA before other charges will more than double over last years second half

MOORESTOWN, N.J.--(BUSINESS WIRE)-- Destination... More