6.28 -0.01 (-0.16%)
After hours: 7:58PM EDT
|Bid||6.06 x 1400|
|Ask||6.28 x 900|
|Day's Range||5.15 - 6.44|
|52 Week Range||1.02 - 6.44|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 26, 2017 - May 30, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.00|
CNBC’s Leslie Picker reports on the proxy fight at Destination Maternity to get more women on the company’s board of directors.
On a per-share basis, the Moorestown, New Jersey-based company said it had net income of 2 cents. Earnings, adjusted for one-time gains and costs, came to 7 cents per share. The maternity clothing retailer ...
Destination Maternity Corporation , the world's leading maternity apparel retailer, today announced financial results for the first quarter of fiscal 2018 ended May 5, 2018 compared to the first quarter of fiscal 2017 ended April 29, 2017.
Destination Maternity Corporation (DEST), today announced that the release of its first quarter Fiscal 2018 financial results will take place on Thursday, June 14, 2018. Results will be released at approximately 6:45 a.m. Eastern Time. Members of its senior management will hold a conference call at 9:00 a.m. Eastern Time, to discuss its results.
Destination Maternity Corporation (DEST) (the “Company”) announced today that Ronald J. Masciantonio, Executive Vice President & Chief Administrative Officer, and the Company have mutually agreed that Mr. Masciantonio will be departing the Company to pursue other opportunities, effective immediately. “For over thirteen years, Ron has been a valuable member of the Destination Maternity team.
Destination Maternity named veteran retail executive Marla Ryan as its new chief executive on Wednesday, one week after a group of activist investors took control of the board at the maternity and baby clothing retailer. Ryan, who previously held positions at Lands' End, J. Crew, Inc. and Brooks Brothers, will be Destination Maternity's first permanent CEO since Anthony Romano stepped down in September. "We believe that Marla is the ideal leader to drive immediate change at Destination Maternity," board Chair Anne-Charlotte Windal, who was elected last week, said in a statement.
Destination Maternity Corporation (DEST) today announced that the Company’s Board of Directors has appointed Marla. Ms. Ryan replaces Melissa Payner-Gregor, who served as an interim CEO since January 2018 and director of the Company since August 2009. Ms. Payner-Gregor is exiting the Company to pursue other opportunities.
Destination Maternity Corporation (DEST) (“Destination Maternity” or the “Company”), the world's leading maternity apparel retailer, today announced the official voting results of its 2018 Annual Meeting of Shareholders which took place in Moorestown, New Jersey on Wednesday, May 23. Certified by American Election Services, LLC, as inspector of election, stockholders of the Company voted to elect Holly N. Alden, Christopher B. Morgan, Marla A. Ryan and Anne-Charlotte Windal, the nominees of Nathan G. Miller and Peter O’Malley’s (the “Investors”), to Destination Maternity’s Board. Director Marla Ryan commented, “On behalf of the newly-elected directors, we want to thank all of the stockholders for participating in this year’s Annual Meeting.
Corp. has been faced with declining sales, earnings and foot traffic as consumers’ tastes shift to online shopping. Earlier this week Destination Maternity announced that stockholders voted in favor of replacing four board seats, a move spurred by an activist group that collectively holds about 9% of outstanding company stock.
Activist investors took control of the board of maternity and baby clothing retailer Destination Maternity on Wednesday after investors voted to replace all four directors with dissidents, including three women, sources said. While the results had not yet been certified, the company said at its annual meeting earlier on Wednesday that the preliminary vote count showed that all four dissidents were elected, the three sources said. Investors voted to seat Holly Alden, co-founder of audio accessory company Skullcandy, industry analyst and consultant Anne-Charlotte Windal, former retail executive Marla Ryan and investor Christopher Morgan.
Destination Maternity Corporation (DEST) (“Destination Maternity” or the “Company”), the world's leading maternity apparel retailer – along with Nathan G. Miller and Peter O’Malley (the “Investors”), collective holders of approximately 9% of the outstanding common stock of the Company – today announced that, based on the preliminary vote count at the Company's 2018 Annual Meeting reviewed by its proxy solicitor, all four of the Investors’ director nominees, including Holly N. Alden, Christopher B. Morgan, Marla A. Ryan and Anne-Charlotte Windal, have been elected to Destination Maternity’s Board. Melissa Payner-Gregor, Interim Chief Executive Officer of Destination Maternity, commented, “We thank all of our stockholders for their participation and input throughout this process.
A dissident investor group has accused what the current board is offering shareholders as “disingenuous and are too little, too late.” For its part, the board says it has heard what shareholders want and is willing to deliver.
Destination Maternity — the owner of stores such as Pea in a Pod and Motherhood Maternity — has a women problem.
Nathan G. Miller and Peter O’Malley (the “Investors”), collective holders of approximately 9% of the outstanding common stock of Destination Maternity Corporation (DEST) (“Destination Maternity” or the “Company”), today released the following statement in response to the Company’s most recent open letter to shareholders issued on May 21st. “Clearly, our message that the Destination Maternity Board needs fresh perspectives and diversity has been gaining traction with investors. Further, we find it highly disingenuous that Destination Maternity implies they are “reaffirming” a commitment to gender diversity on the Board, given that they have had ample opportunity to achieve this but have failed to do so.
Reaffirms the Board's Commitment to Gender Diversity on the Board and Stockholder Engagement Highlights Risks of Giving Dissident Group Control of Board MOORESTOWN, N.J. , May 21, 2018 /PRNewswire/ -- Destination ...
Nathan G. Miller and Peter O’Malley , collective holders of approximately 9% of the outstanding common stock of Destination Maternity Corporation , today announced that Egan-Jones Proxy Services , a leading independent proxy voting advisory firm, has recommended that shareholders vote on the GOLD proxy card in support of all four of the Investors’ director nominees: Holly N.
MOORESTOWN, N.J., May 17, 2018 /PRNewswire/ -- Destination Maternity Corporation (DEST), the world's leading maternity apparel retailer, today announced that it has sent a letter to its stockholders. When determining how to cast your vote at the upcoming 2018 Annual Meeting of Stockholders, we encourage you to consider the following reasons to support Destination's director nominees on the WHITE proxy card, and to IGNORE and THROW OUT any GOLD proxy materials you receive from a dissident group of stockholders led by Nathan G. Miller and Peter O'Malley (the "Miller Group").
While small-cap stocks, such as Destination Maternity Corporation (NASDAQ:DEST) with its market cap of US$39.92M, are popular for their explosive growth, investors should also be aware of their balance sheetRead More...
Leading Independent Proxy Advisor Recommends Stockholders Vote "FOR" All Four Destination Nominees Company's Highly Qualified Nominees and Detailed Go-Forward Strategy are a Stark Contrast to ...
ISS Recommends that Stockholders DO NOT VOTE on the Gold Proxy Card for any Nominee of the Miller Group Report Details Risks Associated with Electing Dissident Group Slate, Cautions Against Giving the ...
“We are pleased that ISS agreed with our argument that the chronic underperformance at Destination Maternity is emblematic of a company not living up to its potential, and that change at the board level is warranted.