Winning Stock Forecast: Destination Maternity Corp. Turns Management Around and Returns up to 161.73% in 3 Months

“I’ve failed over and over and over again in my life and that is why I succeed.” 

-Michael Jordan

(Source: Wikipedia)

Destination Maternity Corporation is a maternity apparel designer and retailer. Incorporated on October 23, 1980, the company operates over 1815 retail locations between the United States and England. The company also sells its merchandise through it’s Canadian website, MotherhoodCanada.ca, and through Amazon.com.

On March 22nd, I Know First gave a bullish 3 month forecast for DEST. Over that 3 month period, DEST saw a return of up to 161.73%.

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Winning DEST Forecast: Destination Maternity Destined To Outperform Market Over 3 Day and 3 Months

The company is working “to implement a comprehensive and attainable business plan geared toward accelerating revenue growth, rationalizing expenses and improving profitability. This includes identifying opportunities to expand our ecommerce sales platform, prioritizing inventory optimization and developing new partnerships and innovations that will help us better engage with our customers and drive strengthened brand loyalty.”

-Marla Ryan, Chief Executive Officer of Destination Maternity

(Source: Wikimedia Commons)

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