Destination Maternity (DEST) Reports Q4 Loss of $0.31

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Go back to Destination Maternity (DEST) Reports Q4 Loss of $0.31

Destination Maternity Reports Fourth Quarter and Fiscal 2018 Results

April 16, 2019 6:45 AM EDT

- Operating loss of $9.6 million for fiscal 2018 versus an operating loss of $16.0 million in 2017

- Adjusted EBITDA before other charges for fiscal 2018 increases 23% or $3.0 million versus 2017

- Comparable retail sales for fiscal 2018 decline 1.8% versus 2017

- Selling, General and Administrative expenses for fiscal 2018 decline 210 bps to sales versus prior year period

MOORESTOWN, N.J.--(BUSINESS WIRE)-- Destination Maternity Corporation (NASDAQ: DEST), the world's leading maternity apparel retailer, today announced financial results for the fourth quarter and full year of fiscal 2018 ended February 2, 2019 compared to the fourth quarter and... More