Reuters logo
BRIEF-Destination Maternity Reports Q3 Loss Per Share $0.55
December 7, 2017 / 11:52 AM / 11 days ago

BRIEF-Destination Maternity Reports Q3 Loss Per Share $0.55

Dec 7 (Reuters) - Destination Maternity Corp:

* DESTINATION MATERNITY REPORTS THIRD QUARTER AND FIRST NINE MONTHS FISCAL 2017 RESULTS

* Q3 ADJUSTED LOSS PER SHARE $0.20

* Q3 GAAP LOSS PER SHARE $0.55

* Q3 SALES $96.4 MILLION VERSUS $102.6 MILLION

* - QTRLY COMPARABLE SALES INCREASED 1.1%

* DESTINATION MATERNITY - ON TRACK TO ACHIEVE ABOUT $10 MILLION IN ANNUALIZED COST SAVINGS STARTING IN FISCAL 2018

* DESTINATION MATERNITY - IN Q4 TO DATE, SEEN COMPARABLE STORE SALES IMPROVE 190 BPS TO DOWN 6.4%

* DESTINATION MATERNITY - BOARD HAS DECIDED TO ADD MULTIPLE ADDITIONAL BOARD MEMBERS Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below