Destination Maternity (DEST) Reports Q1 EPS of $0.27

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Destination Maternity Reports First Quarter Fiscal 2015 Financial Results

June 11, 2015 6:00 AM EDT

MOORESTOWN, N.J., June 11, 2015 /PRNewswire/ -- Destination Maternity Corporation (NASDAQ: DEST), the world's leading maternity apparel retailer, today announced results for the first quarter ended May 2, 2015. On May 28, 2015 the Company announced that its Board of Directors declared a regular quarterly cash dividend of $0.20 per share payable July 23, 2015.

For the first quarter of fiscal 2015, the Company reported income of $0.19 per diluted share on a GAAP basis, or $0.27 per diluted share, excluding other charges associated with relocation of the Company's headquarters and distribution operations, and management and organizational changes. This compares to... More