Children's Place (PLCE) Tops Q1 EPS by 88c

Children's Place (NASDAQ: PLCE) reported Q1 EPS of $0.36, $0.88 better than the analyst estimate of ($0.52). Revenue for the quarter came in at $412.4 million versus the consensus estimate of $391.05 million.

GUIDANCE:

Children's Place sees Q2 2019 EPS of $0.00-$0.20, versus the consensus of $0.10. Children's Place sees Q2 2019 revenue of $415-420 million vs consensus of $420.4 million)

• Comparable retail sales down in the range of -5.0% to -4.0%

Children's Place sees FY2019 EPS of $5.75-$6.25, versus the consensus of $5.60. Children's Place sees FY2019 revenue of $1.905-1.925 billion vs consensus of $1.91 billion)

• Comparable retail sales growth approximately flat to 2018

(Updated with comps guidance)

For earnings history and earnings-related data on Children's Place (PLCE) click here.

You May Also Be Interested In

• Nvidia pitches Vera CPU to Chinese clients with August delivery target
• UBS Reiterates Neutral Rating on Lennar (LEN) Following Q2 Results
• Carvana (CVNA) PT Lowered to $85 at RBC Capital