Children's Place (PLCE) Tops Q1 EPS Views; Boosts FY16 Outlook
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The Children’s Place Continues Capital Return Program, Declares Quarterly Dividend
May 17, 2016 7:01 AM EDTSECAUCUS, N.J., May 17, 2016 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), the largest pure-play childrens specialty apparel retailer in North America, today announced that its Board of Directors has declared a quarterly dividend.
Jane Elfers, President and Chief Executive Officer, commented, The continuation of the quarterly dividend is a further reflection of our confidence in our ability to execute on our strategic initiatives and our continuing commitment to return excess capital to shareholders. The Childrens Place has a profitable business model which generates strong cash flow. Since 2009, we... More
The Children’s Place Reports First Quarter 2016 Results
May 17, 2016 7:00 AM EDTReports Comparable Retail Sales Increase of 5.1%Delivers Adjusted Earnings per Share of $1.32, a 59% IncreaseIncreases Fiscal 2016 Adjusted EPS Guidance to $4.17 to $4.27, Versus Previous Guidance of $4.00 to $4.10 Returns $47 Million to Shareholders Â
SECAUCUS, N.J., May 17, 2016 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), the largest pure-play childrens specialty apparel retailer in North America, today announced financial results for the thirteen weeks ended April 30, 2016.
Jane Elfers, President and Chief Executive Officer, said, For the first quarter, we delivered adjusted... More
