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Destination Maternity Corp (DEST.OQ)

DEST.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Nathan G Miller reports 7.2 percent passive stake in Destination Maternity as of Oct 23
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Nathan G Miller :Nathan G Miller reports 7.2 percent passive stake in Destination Maternity Corp as of October 23, 2017 - SEC filing‍​.  Full Article

Destination Maternity provides operational update following constructive stockholder engagement
Tuesday, 17 Oct 2017 

Oct 16 (Reuters) - Destination Maternity Corp :Destination Maternity provides operational update following constructive stockholder engagement.Destination Maternity Corp - ‍continues to expect $10 - $11 million in annualized savings.Destination Maternity - expects ‍one-time costs of about $3 million that will mostly be incurred in fiscal year 2017 in relation to organizational​ changes.  Full Article

Orchestra-Prémaman sends letter to Destination Maternity shareholders
Friday, 13 Oct 2017 

Oct 12 (Reuters) - Orchestra Participants::Orchestra-Prémaman S.A. sends letter and definitive proxy materials to Destination Maternity shareholders.Says sent letter urging shareholders of Destination Maternity Corp to vote against status quo directors of company​.Says Orchestra-Prémaman SA & Yeled Invest SA is largest shareholder of Destination Maternity, owning about 13.8% of shares outstanding​.  Full Article

Destination Maternity posts Q2 loss of $0.18/share
Thursday, 25 Aug 2016 

Destination Maternity Corp: Destination Maternity reports second quarter and first six months fiscal 2016 results . Q2 adjusted loss per share $0.14 . Q2 GAAP loss per share $0.18 . Q2 sales $106.5 million versus $119.3 million . Qtrly comparable sales decreased 2.7% . Sees FY 2016 capital expenditures are projected to be in $15 million to $17 million range . Says company plans to open 10 new stores and close 30 to 35 stores during fiscal year. . Sees FY 2016 gross margin to increase approximately 250 to 350 basis points year-over-year .Capital expenditures are to be in $15 million to $17 million range in FY 2016.  Full Article

Destination Maternity names David Stern as CFO
Monday, 1 Aug 2016 

Destination Maternity Corp : Destination Maternity names David Stern as executive vice president & chief financial officer .From 2012 until 2016, Stern served as executive vice president - chief financial officer of Pep Boys - Manny, Moe & Jack.  Full Article

Destination Maternity posts Q1 earnings of $0.30/share
Thursday, 26 May 2016 

Destination Maternity Corp : Destination Maternity reports improved first quarter fiscal 2016 results . Q1 adjusted earnings per share $0.33 . Q1 GAAP earnings per share $0.30 . Q1 sales $124.4 million versus $141.6 million . Q1 same store sales fell 5.4 percent . Company updated its financial guidance for fiscal 2016 . Comparable sales expected to be flat for full fiscal year with greater improvement in second half of fiscal 2016 .2016 gross margin to increase approximately 200 to 300 basis points year-over-year.  Full Article

Destination Maternity Announces Resignation Of CFO
Tuesday, 29 Mar 2016 

Destination Maternity Corporation:Says that Judd P. Tirnauer, Executive Vice President & Chief Financial Officer will depart the Company to take a senior leadership role with a private specialty retailer.Tirnauer will remain with the Company until April 22, 2016 to ensure a smooth transition.Company intends to immediately commence a search for a new chief financial officer.  Full Article

Orchestra Premaman signs confidentiality agreement with Destination Maternity Corporation
Friday, 18 Mar 2016 

Orchestra Premaman SA:Signs confidentiality agreement with Destination Maternity Corporation.Destination Maternity Corporation will provide confidential information concerning company.Information will be used for evaluation of possible tie-up between the companies.  Full Article

Destination Maternity Corp gives FY 2016 comparable sales guidance
Thursday, 3 Dec 2015 

Destination Maternity Corp:Expects FY 2016 comparable sales increase in the low, single digits, primarily driven by the implementation of the Company's new allocation system, which will begin to have positive impact in second quarter.  Full Article

Destination Maternity Declares Quarterly Cash Dividend
Thursday, 3 Dec 2015 

Destination Maternity Corporation:declared a regular quarterly cash dividend of $0.20 per share.cash dividend will be payable January 21, 2016 to stockholders of record at the close of business on January 7, 2016.  Full Article

BRIEF-Nathan G Miller reports 7.2 percent passive stake in Destination Maternity as of Oct 23

* Nathan G Miller reports 7.2 percent passive stake in Destination Maternity Corp as of October 23, 2017 - SEC filing‍​ Source text : [ID:http://bit.ly/2h6mxxB] Further company coverage: