The Children’s Place Reports Second Quarter 2019 Results

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Go back to The Children’s Place Reports Second Quarter 2019 Results

Children's Place (PLCE) Losses Mount Following Lower Guidance

August 21, 2019 8:14 AM EDT

Children's Place (NASDAQ: PLCE) continues to sink to lows following results and lower guidance. Shares now down 14.9%.

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Children's Place (PLCE) falls 6.4% following results and lower guidance

August 21, 2019 7:06 AM EDT

Children's Place (NASDAQ: PLCE) falls 6.4% following results and lower guidance.

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Children's Place (PLCE) Tops Q2 EPS by 2c; Guides Below

August 21, 2019 7:02 AM EDT

Children's Place (NASDAQ: PLCE) reported Q2 EPS of $0.19, $0.02 better than the analyst estimate of $0.17. Revenue for the quarter came in at $4.42 billion versus the consensus estimate of $425.1 million.

Jane Elfers, President and Chief Executive Officer announced, Amidst lingering pressure from the Q1 Gymboree liquidation, we delivered a 3.8% comp decrease in Q2 versus a 13.2% comp increase LY. Sales for the quarter met our expectations, however traffic remained weaker than anticipated which led to a late... More