Children's Place (PLCE) Declares $0.15 Quarterly Dividend; 1.2% Yield
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December 8, 2015 2:20 PM EST
Stifel affirms its Hold rating on The Children's Place (NASDAQ: PLCE) following Q3 results and update issued earlier.
Analyst Richard Jaffe commented, As we... More
December 8, 2015 7:05 AM EST
Children's Place (NASDAQ: PLCE) reported Q3 EPS of $1.96, $0.01 better than the analyst estimate of $1.95. Revenue for the quarter came in at $455.9 million versus the consensus estimate of $475.57 million.
GUIDANCE:
Children's Place sees FY2015 EPS of $3.35-$3.45, versus the consensus of $3.40.
Jane Elfers, President and Chief Executive Officer, commented, "We delivered adjusted earnings per diluted share of $1.93 in the third quarter compared to $1.82 in the third quarter of 2014. Comparable retail sales were negative (3.0%),... More
December 8, 2015 7:03 AM EST
The Children's Place, Inc. (Nasdaq: PLCE) announced that its Board of Directors has approved a new $250 million share repurchase program and has declared a quarterly dividend.
Jane Elfers, President and Chief Executive Officer, commented, "Since 2009, we have returned over $582 million to shareholders through share repurchases and dividends. The... More
