Children's Place (PLCE) Q4 Revenue Misses Consensus

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The Children’s Place to Webcast Review of Fourth Quarter and Fiscal Year 2018 Financial Results and Agreement to Acquire IP Assets of Gymboree and Crazy 8

March 4, 2019 7:02 AM EST

SECAUCUS, N.J., March 04, 2019 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE) today announced that, in conjunction with the release of its fourth quarter and fiscal year 2018 financial results and the announced agreement to acquire Gymboree and Crazy 8 intellectual property and related assets, you are invited to listen to the Companys conference call on Tuesday, March 5, 2019, beginning at 8:00 a.m. Eastern Time.

To access the webcast, visit... More

The Children’s Place Reports Fourth Quarter and Full Year 2018 Results

March 4, 2019 7:02 AM EST

Reports Fourth Quarter GAAP Earnings per Diluted Share of $0.74 vs a GAAP Loss per Diluted Share of $0.57 in Fourth Quarter 2017Reports Fourth Quarter Adjusted Earnings per Diluted Share of $1.10 versus $2.52 in Fourth Quarter 2017Repurchases $42 Million in Stock and Pays $8 Million in Dividends in Fourth QuarterProvides Full Year 2019 Adjusted Earnings per Diluted Share Guidance of $5.25 to $5.75Provides First Quarter 2019 Adjusted Earnings per Diluted Share Guidance of ($0.70) to ($0.40)

SECAUCUS, N.J., March 04, 2019 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq:... More

The Children’s Place Named Winning Bidder in Bankruptcy Auction to Acquire IP Assets of Gymboree and Crazy 8

March 4, 2019 7:01 AM EST

SECAUCUS, N.J., March 04, 2019 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), the largest pure-play childrens specialty apparel retailer in North America, today announced that, as part of an auction held in connection with Gymborees bankruptcy proceeding, a wholly-owned subsidiary of the Company has entered into an Asset Purchase Agreement with Gymboree Group, Inc. and related entities to acquire intellectual property and related assets of Gymboree and Crazy 8 (the Gymboree Assets) for $76 million in cash.  The Gymboree Assets include the worldwide rights to the names Gymboree and Crazy 8 and other intellectual... More