Children's Place (PLCE) sinks after a huge guidance miss

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The Children’s Place Reports Third Quarter 2023 Results

November 16, 2023 7:00 AM EST

Reports Q3 GAAP EPS of $3.05 versus $3.26 in Q3 2022

Reports Q3 Adjusted EPS of $3.22 versus $3.33 in Q3 2022

Expects Adjusted EPS in the Range of $3.47 to $3.67 for the Back Half of 2023

SECAUCUS, N.J., Nov. 16, 2023 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE), an omni-channel childrens specialty portfolio of brands with an industry-leading digital-first model, today announced financial results for the third quarter ended October 28, 2023.

Jane Elfers, President... More