The Children's Place (PLCE) PT Raised to $122 at Citi

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Go back to The Children's Place (PLCE) PT Raised to $122 at Citi

The Children’s Place Expands Capital Return Program

March 8, 2017 7:02 AM EST

INCREASES AUTHORIZED STOCK REPURCHASES BY $250 MILLION

ANNOUNCES A 100% INCREASE IN ITS QUARTERLY DIVIDEND

SECAUCUS, N.J., March 08, 2017 (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 approved a new $250 million share repurchase program and has increased the Companys quarterly dividend to $0.40 per share from $0.20 per share.

Jane Elfers, President and Chief Executive Officer, commented, "Since 2009, we have returned over $790... More

The Children’s Place Reports Fourth Quarter and Full Year 2016 Results

March 8, 2017 7:00 AM EST

Delivers Q4 Comparable Retail Sales Increase of 6.9%

Reports Q4 GAAP Earnings per Diluted Share of $1.86, a 114% Increase vs Q4 2015 and 

Q4 Adjusted Earnings per Diluted Share of $1.88, a 58% Increase vs Q4 2015

Returns $166 Million to Shareholders in FY 2016, a 27% Increase Compared to FY 2015 

Expands Store Fleet Optimization Initiative

Issues EPS Guidance of $6.50 to $6.65 for FY 2017, Inclusive of a $0.45 Benefit Due to New Accounting Rules for the Income Tax Impact on Share-Based... More