Children's Place (PLCE) Tops Q4 EPS by 22c, Offers Guidance

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The Children’s Place Reports Fourth Quarter and Full Year 2022 Results and Provides 2023 Outlook

March 16, 2023 7:00 AM EDT

Reports Fourth Quarter 2022 Loss Lower than Prior GuidanceExpects Double-Digit Operating Margins in Back Half of 2023Expects a Return to Profitability for Full Year 2023

SECAUCUS, N.J., March 16, 2023 (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 fourth quarter and fiscal year ended January 28, 2023.

Jane Elfers, President and Chief Executive Officer commented, As we previously announced, our 2022 operating results... More