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

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The Children’s Place Reports First Quarter 2018 Results

May 17, 2018 7:00 AM EDT

Reports Q1 GAAP Earnings per Diluted Share of $1.78 vs $1.97 in Q1 2017 and 

Q1 Adjusted Earnings per Diluted Share of $1.87 vs $1.95 in Q1 2017

Reaffirms FY 2018 Adjusted EPS Guidance of $7.95 to $8.20

Repurchases $162 Million in Stock and Pays $8 Million in Dividends in Q1

SECAUCUS, N.J., May 17, 2018 (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 May 5, 2018.                                                                                                                                                  Jane Elfers, President and Chief Executive Officer announced, Our ability to sell seasonal product in... More