Children's Place (PLCE) Misses Q1 EPS by 17c, Offers Guidance

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The Children’s Place Reports First Quarter 2023 Results

May 24, 2023 7:00 AM EDT

Reports Q1 GAAP EPS of ($2.33) versus $1.43 in Q1 2022

Reports Q1 Adjusted EPS of ($2.00) versus $1.05 in Q1 2022

Expects Double-Digit Operating Margin and Adjusted EPS of Over $5.00 in the Back Half of 2023

SECAUCUS, N.J., May 24, 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 first quarter ended April 29, 2023.

Jane Elfers, President and Chief Executive Officer, announced,... More