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Destination Maternity Corp (DEST.OQ)

DEST.OQ on NASDAQ Stock Exchange Global Select Market

2.35USD
18 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Destination Maternity Updates On Ceo Transition Plan
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Destination Maternity Corp ::DESTINATION MATERNITY UPDATES ON CEO TRANSITION PLAN.DESTINATION MATERNITY CORP - ‍APPOINTMENT OF MELISSA PAYNER-GREGOR, INDEPENDENT DIRECTOR OF COMPANY, AS INTERIM CEO, EFFECTIVE IMMEDIATELY.DESTINATION MATERNITY - PAYNER-GREGOR IS SUCCEEDING ALLEN WEINSTEIN.DESTINATION MATERNITY CORP - APPOINTMENT OF MELISSA PAYNER-GREGOR, , AS INTERIM CHIEF EXECUTIVE OFFICER, EFFECTIVE IMMEDIATELY.DESTINATION MATERNITY CORP - ‍ALLEN WEINSTEIN HAS DECIDED TO RETIRE FROM BOARD ALSO EFFECTIVE IMMEDIATELY​.DESTINATION MATERNITY CORP - ‍WORKING WITH KIRK PALMER ASSOCIATES IN ONGOING SEARCH FOR A NEW PERMANENT CHIEF EXECUTIVE OFFICER​.  Full Article

Nathan Miller Reports 7.8 Pct Stake In Destination Maternity Corp
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - Destination Maternity Corp ::NATHAN MILLER REPORTS 7.8 PERCENT STAKE IN DESTINATION MATERNITY CORP AS OF DECEMBER 26 - SEC FILING.NATHAN MILLER SAYS AS LONG TERM INVESTOR OF DESTINATION MATERNITY, INTENDS TO ANALYZE AND CONSIDER ANY AND ALL POTENTIAL CORPORATE TRANSACTIONS.NATHAN MILLER - INTENDS TO ENGAGE IN CONSTRUCTIVE DISCUSSIONS WITH DESTINATION MATERNITY TO SEEK IMPROVED CORPORATE GOVERNANCE, COMPENSATION PRACTICES.  Full Article

Destination Maternity Reports Q3 Loss Per Share $0.55
Thursday, 7 Dec 2017 

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.  Full Article

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

BRIEF-Nathan Miller Reports 7.8 Pct Stake In Destination Maternity Corp

* NATHAN MILLER REPORTS 7.8 PERCENT STAKE IN DESTINATION MATERNITY CORP AS OF DECEMBER 26 - SEC FILING