Destination Maternity Reports Improved First Quarter Fiscal 2016 Results

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Destination Maternity (DEST) Reports Q1 EPS of $0.03; Updates FY16 Outlook

May 26, 2016 6:09 AM UTC

Destination Maternity (NASDAQ: DEST) reported Q1 EPS of $0.03, versus $0.27 reported last year. Revenue for the quarter came in at $124.4 million, versus $141.6 million reported last year.

Comparable sales decreased 5.4%, compared to a 1.1% decrease for the first quarter of fiscal 2015 (13 weeks ended May 2, 2015).

The... More