Destination Maternity (DEST) Issues Quarterly Earnings Results
Destination Maternity (NASDAQ:DEST) posted its quarterly earnings data on Thursday. The company reported ($0.36) earnings per share (EPS) for the quarter, reports. Destination Maternity had a negative net margin of 9.38% and a negative return on equity of 10.14%.
Destination Maternity (DEST) traded down $0.21 on Thursday, reaching $2.38. 442,612 shares of the company’s stock traded hands, compared to its average volume of 167,132. The company has a current ratio of 1.48, a quick ratio of 0.27 and a debt-to-equity ratio of 0.46. Destination Maternity has a fifty-two week low of $1.02 and a fifty-two week high of $7.23.
In related news, major shareholder Invest S.A. Yeled acquired 78,889 shares of the firm’s stock in a transaction on Thursday, December 14th. The shares were acquired at an average cost of $9.26 per share, with a total value of $730,512.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.70% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This report was originally reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another publication, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this report can be viewed at https://www.americanbankingnews.com/2017/12/07/destination-maternity-dest-issues-quarterly-earnings-results.html.
Destination Maternity Corporation, formerly Mothers Work, Inc is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment.
Receive News & Ratings for Destination Maternity Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destination Maternity Corporation and related companies with MarketBeat.com's FREE daily email newsletter.