Destination Maternity Reports First Quarter Fiscal 2018 Results
DESTINATION MATERNITY (DEST)
US:NASDAQ Investor Relations:
investor.destinationmaternity.com
Company Research
Source: Business Wire
- Reports net income for first quarter compared to net loss in prior year first quarter - Adjusted EBITDA Before Other Charges increases 24% from prior year first quarter - E-commerce sales rise 43% from prior year first quarter - Continued cost savings improvements with Selling, General and Administrative expenses declining 6.8% from prior year first quarter MOORESTOWN, N.J.--(BUSINESS WIRE)-- Destination Maternity Corporation (NASDAQ:DEST), the world's leading maternity apparel retailer, today announced financial results for the first quarter of fiscal 2018 ended May 5, 2018 compared to the first quarter of fiscal 2017 ended April 29, 2017. Commentary “Our financial performance in the first quarter was in line with expectations, highlighted by reductions in SG&A, double digit growth in our e-commerce channel and increases in operating income,” said Marla
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