Children's Place (PLCE) Tops Q1 EPS by 18c

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Go back to Children's Place (PLCE) Tops Q1 EPS by 18c

The Children’s Place Reports First Quarter 2020 Results

June 11, 2020 7:00 AM EDT

Reports Q1 GAAP Loss per Diluted Share of ($7.86) versus $0.28 in Q1 2019Reports Q1 Adjusted Loss per Diluted Share of ($1.96) versus $0.36 in Q1 2019Targets 300 Additional Store Closures; 200 in Fiscal 2020; 100 in Fiscal 2021

SECAUCUS, N.J., June 11, 2020 (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 first quarter ended May 2, 2020.

Jane Elfers, President and Chief Executive Officer, said, Although we are facing a period of... More