The Children’s Place Reports Record First Quarter 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Children's Place (PLCE) Tops Q1 EPS by $3.19, Revenues Beat
May 20, 2021 7:04 AM EDTChildren's Place (NASDAQ: PLCE) reported Q1 EPS of $3.25, $3.19 better than the analyst estimate of $0.06. Revenue for the quarter came in at $435.48 million versus the consensus estimate of $354.78 million.
Jane Elfers, President and Chief Executive Officer announced, We delivered outstanding first quarter results with gross margin, operating margin, and EPS all at record levels. Our Q1 2021 net sales of $435 million exceeded our pre-COVID Q1 2019 net sales of $412 million, despite having 261 or 27% fewer stores ending Q1 2021 versus Q1 2019.
Ms. Elfers continued, All key metrics across both our digital and stores channels exceeded expectations. Our... More
