Destination Maternity (DEST) Reports Q3 Loss of $0.12/Share

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Go back to Destination Maternity (DEST) Reports Q3 Loss of $0.12/Share

Destination Maternity Reports Third Quarter and First Nine Months Fiscal 2018 Results

December 11, 2018 6:45 AM EST

Q3 Selling, General and Administrative expenses declined 8.7%

Full-year 2018 SG&A now guided to $198 million to $202 million vs. $219 million in FY17 on flat same store sales

Q3 Adjusted EBITDA before other charges +95% to $3.9 million, +$1.9 million from the prior year third quarter

Q3 e-Commerce sales represented 21.7% of retail sales, compared to 20.7% last year

Q3 e-Commerce gross profit excluding 3rd party e-commerce sites, +14% year over year

Re-affirms FY 2019 and FY 2022 adjusted cash flow and adjusted EBITDA

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