Destination Maternity: Fiscal 1Q Earnings Snapshot
MOORESTOWN, N.J. (AP) _ Destination Maternity Corp. (DEST) on Wednesday reported fiscal first-quarter net income of $130,000.
On a per-share basis, the Moorestown, New Jersey-based company said it had net income of 1 cent. Earnings, adjusted for non-recurring costs, were 4 cents per share.
The maternity clothing retailer posted revenue of $94.2 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $1.20. A year ago, they were trading at $3.34.