Children's Place (PLCE) Tops Q1 EPS by 9c; Issues Q2 Outlook

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The Children's Place Reports First Quarter 2015 Results

May 14, 2015 7:01 AM EDT

Q1 Adjusted Earnings Per Share of $0.83

Reports Positive Comparable Retail Sales of 0.7%, Fourth Consecutive Quarter of Growth

Adjusted Gross Margin Increases by 150 Basis Points

Adjusted Operating Margin Increases by 110 Basis Points

SECAUCUS, N.J., May 14, 2015 (GLOBE NEWSWIRE) -- The Children's Place, Inc. (Nasdaq: PLCE), the largest pure-play children's specialty apparel retailer in North America, today announced financial results for the thirteen weeks ended May 2, 2015.

Jane Elfers, President... More