Destination Maternity (NASDAQ:DEST) issued its quarterly earnings results on Thursday. The company reported ($0.36) earnings per share for the quarter, reports. Destination Maternity had a negative net margin of 9.38% and a negative return on equity of 10.14%.
Shares of Destination Maternity (DEST) traded down $0.21 during trading on Thursday, hitting $2.38. 442,612 shares of the company were exchanged, compared to its average volume of 167,132. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.48 and a quick ratio of 0.27. Destination Maternity has a fifty-two week low of $1.02 and a fifty-two week high of $7.23.
In related news, major shareholder Invest S.A. Yeled purchased 78,889 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was acquired at an average price of $9.26 per share, with a total value of $730,512.14. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.70% of the company’s stock.
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About Destination Maternity
Destination Maternity Corporation, formerly Mothers Work, Inc is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment.
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