Friday, December 9, 2016

Destination Maternity disappoints in Q3 amid ongoing changes

Destination Maternity posted revenue of $102.6 million in the period, compared with $119.5 million for the prior year quarter. Same-store sales fell 5.2%.
The decrease was primarily driven by closure of leased departments in Sears and Gordmans stores, as well as reductions in Kohl's sales given the brand’s planned exit in 2017.. . . more

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