Destination Maternity reports Q4 loss, net sales drop 13 percent

Destination Maternity Corporation, for the fourth quarter ended February 2, 2019 reported net loss of 6.4 million dollars or 46 cents per diluted share compared to 10.2 million dollars or 73 cents per diluted share, for the fourth quarter of fiscal 2017. Net loss for fiscal 2018 was 14.3 million dollars or 1.03 dollars per diluted share compared to 21.6 million dollars or 1.57 dollars per diluted share, for fiscal 2017.