The Children’s Place Reports First Quarter 2018 Results

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Go back to The Children’s Place Reports First Quarter 2018 Results

Children's Place (PLCE) Misses Q1 EPS by 34c, Miss on Revenues; Offers FY18 EPS Mid-Point Guidance Below Consensus

May 17, 2018 7:02 AM EDT

Children's Place (NASDAQ: PLCE) reported Q1 EPS of $1.87, $0.34 worse than the analyst estimate of $2.21. Revenue for the quarter came in at $436.3 million versus the consensus estimate of $444.14 million.

Jane Elfers, President and Chief Executive Officer announced, Our ability to sell seasonal product in the first quarter was severely hampered by the combination of a record number of winter storms and the unseasonably cold temperatures that persisted across our major... More