Destination Maternity Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended November 3, 2018; Provides Earnings Guidance for the Financial Year 2018, 2019 and 2022
For the nine months, the company reported net sales of $292,459,000 compared to $301,060,000 a year ago. Operating loss was $4,224,000 compared to $8,191,000 a year ago. Loss before income taxes was $7,757,000 compared to $11,180,000 a year ago. Net loss was $7,925,000 or $0.57 per basic and diluted share compared to $11,439,000 or $0.83 per basic and diluted share a year ago.
For the year 2018, 2019 and 2022, the company expects sales to be in the range of $387 million to $391 million.
For the year 2019, the company expects sales to be in the range of $375 million to $385 million.
For the year 2022, the company expects sales to be in the range of $450 million to $475 million.