Children's Place (PLCE) Prelim. Q4 Results Miss Consensus

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Go back to Children's Place (PLCE) Prelim. Q4 Results Miss Consensus

Children's Place (PLCE) plunges 47% after missing guidance, company says it needs new funding

February 9, 2024 8:26 AM EST

Children's Place (NASDAQ: PLCE) shares plunged more than 47% premarket Friday after the company's preliminary results for the fourth quarter disappointed investors.

The company said it expects net sales to be approximately $454 million to $456 million, below its own guidance range of $460 million to $465... More