Mizuho Securities Reiterates Buy on Children's Place (PLCE) Following Strong Holiday
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Children's Place (PLCE) Q4 Comps Up 7.3%, Raises EPS Outlook
January 5, 2017 7:07 AM ESTThe Childrens Place, Inc. (Nasdaq: PLCE) today increased guidance for fourth quarter and fiscal year 2016 comparable retail sales and adjusted net income per diluted share.
Jane Elfers, President and Chief Executive Officer, announced: Our comparable retail sales were positive 6.9% through the first nine weeks of the fourth quarter, compared to positive 7.3% in the comparable nine week period in the fourth quarter of 2015. Based on these outstanding results, we are increasing our fourth quarter... More
