The Children's Place (PLCE) Reports Mixed Q3 Results; Comps Down 5.7%; Guides Q4, Cuts FY10 Outlook
The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) reports Q3 EPS of $1.14, 2 cents better than the consensus of $1.12. Revenue for the quarter came in at $453.4 million, compared to the consensus of $462.34 million.
Comps down 5.7%.
Sees Q4 EPS of 98c-$1.03 with 7c buyback benefit. The Street is looking for Q4 EPS of 99c.
Lowers FY10 EPS guidance from $3.08-$3.18 to $2.78-$2.83, which compares to the Street estimate of $2.79.
Comps down 5.7%.
Sees Q4 EPS of 98c-$1.03 with 7c buyback benefit. The Street is looking for Q4 EPS of 99c.
Lowers FY10 EPS guidance from $3.08-$3.18 to $2.78-$2.83, which compares to the Street estimate of $2.79.