Destination Maternity says its turnaround efforts are working to drive long-term growth despite a decrease in same store sales during the fourth quarter.
The company said that for the fourth quarter ended Jan. 30, same
store sales decreased 3.5%. The retailer's net loss improved to $3.1
million compared to a net loss of $17 million in the prior year
quarter. Net sales were $118.3 million compared with $121.2 million for
the comparable three month in 2015.. . . more