Childrens Place (PLCE) Tops Q4 EPS by 1c; Issues Light Q1, FY14 Profit Outlook

Childrens Place (NASDAQ: PLCE) reported Q4 EPS of $0.96, $0.01 better than the analyst estimate of $0.95. Revenue for the quarter came in at $467.5 million versus the consensus estimate of $484.82 million.

Comparable retail sales declined 4.3% for the 13 week period ended February 1, 2014, following an increase of 4.9% for the 13 week period ending February 2, 2013.

Sees Q1 2014 EPS of $0.58-$0.66, versus the consensus of $0.95. This guidance assumes comparable retail sales will be in the range of negative 2% to 4%.

Sees FY2014 EPS of $2.85-$3.05, versus the consensus of $3.25. This guidance assumes comparable retail sales for the year will be in the range of flat to negative 1%.

For earnings history and earnings-related data on Childrens Place (PLCE) click here.

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