Destination Maternity Q2 comparable sales down 2.7 percent

Destination Maternity Corporation’s comparable sales decreased 2.7 percent for the second quarter, compared to a 2 percent increase for the second quarter of fiscal 2015. Gross margin improved 510 basis points to 51.5 percent, up from 46.4 percent in the prior year quarter. Operating loss improved 22.7 percent to 3.1 million dollars compared to operating loss of four million dollars for the second quarter of fiscal 2015.