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Destination Maternity sees $47,000 operating loss for February
By Sarah Lizee
Olympia, Wash., April 12 – Destination Maternity Corp. reported a $47,000 operating loss for the period of Feb. 1 through Feb. 28 on zero net sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the period was $58,000.
In addition, Destination Maternity listed $1.78 million in cash and cash equivalents as of Feb. 28.
Destination Maternity is a clothing retailer based in Moorestown, N.J. The company filed bankruptcy on Oct. 21, 2019 under Chapter 11 case number 19-12256.
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