Children's Place (PLCE) Tops Q1 EPS by 31c

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The Children’s Place Reports First Quarter Results

May 18, 2017 7:00 AM EDT

Delivers Q1 Comparable Retail Sales Increase of 6.1%Reports Q1 GAAP Earnings per Diluted Share of $1.97, a 48% Increase vs Q1 2016 and Q1 Adjusted Earnings per Diluted Share of $1.95, a 48% Increase vs Q1 2016Repurchases $33 Million in Stock and Pays $7 Million in Dividends Increases Adjusted EPS Guidance to $7.10 to $7.20 for FY 2017 Compared to Previous Guidance of $6.50 to $6.65

SECAUCUS, N.J., May 18, 2017 (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 29, 2017.                                                                                                                                                  Jane Elfers, President and Chief Executive... More