Login

Destination Maternity Corp

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2019 10-Q, filed Sep 17, 2019. Its latest SEC filing is a REVOKED from Feb 8, 2023.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Sells maternity apparel to expectant and nursing mothers through stores, leased departments and online channels.

How Did They Make Money?

Shoppers buy maternity merchandise in stores and online; online orders are completed on delivery, while wholesale and franchise product sales are completed when goods ship. The company also earns marketing-partnership revenue when goods or services are provided, and franchise fees or royalties after related services or franchisee sales.

FY2018 revenue

Who Were Their Customers?

Maternity shoppers buy directly through company stores and websites, or through retailer websites; department and baby specialty stores host leased departments. International franchise partners operate stores and shop-in-shops.

Did Revenues Turn Into Profits?

No. It lost $14.3M in FY2018.

Operating income, FY2018
−3% of revenue
▼ −40% (Loss) vs FY2017 (−$16M, −4%)
Net income, FY2018
−4% of revenue
▼ −34% (Loss) vs FY2017 (−$21.6M, −5%)

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q2 FY2019, the three months to Aug 3, 2019
Revenue
▼ −12%
vs $96.4M in Q2 FY2018
Net income
▼ −12% (Loss)
vs −$4M in Q2 FY2018
  • Dec 27, 2019 Agreed to sell e-commerce, intellectual property and store-in-store operations Marquee Brands agreed to acquire those assets in a court-approved transaction.
  • Nov 13, 2019 BDO resigned as auditor before completing the fiscal-year audit The company had not selected a replacement auditor.
  • Oct 25, 2019 Filed for Chapter 11 reorganization The company said it would continue operating while pursuing a sale of the company or its assets.

Exit of the Oh Baby line The older report included Oh Baby by Motherhood under a Kohl’s product and license agreement and said its production would be phased out; the latest report lists Motherhood Maternity and A Pea in the Pod as its brands.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support