Children's Place -8% after disappointing profit guidance [Seeking Alpha]
Children's Place, Inc. (The) (PLCE)
Last children's place, inc. (the) earnings: 3/17 07:32 am
Check Earnings Report
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=120577&p=irol-irhome
Company Research
Source: Seeking Alpha
The Children's Place (NASDAQ: PLCE ) reports comparable sales decreased 3.8% in Q2 vs. -4.0% consensus. A drag on sales during the quarter was the "lingering" pressure from the Gymboree liquidation Gross margin fell 150 bps to 33.0% of sales due chiefly to the deleverage of fixed expenses resulting from the decline in comparable retail sales, and increased penetration of e-commerce business, which operates at a lower gross margin rate. Merchandise margins decreased modestly, primarily as a result of traffic remaining difficult, which led to elevated promotional activity across the sector. Adjusted operating margin came in at 1.4% of sales vs. 3.5% a year ago and 1.1% consensus. Looking ahead, the retailer anticipates Q3 revenue of $530M to $535M vs. $535M consensus and EPS of $2.90 to $3.05 vs. $3.50 consensus. FY20 EPS of $5.40 to $5.75 is anticipated vs. $6.17 consensus. Shares of PLCE are premarket to $72.00. Previously: Children's Place Retail Stores E
Show less
Read more
Impact Snapshot
Event Time:
PLCE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PLCE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PLCE alerts
High impacting Children's Place, Inc. (The) news events
Weekly update
A roundup of the hottest topics
PLCE
News
- Levi & Korsinsky Reminds The Children's Place Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 29, 2024 – PLCEAccesswire
- Levi & Korsinsky Reminds The Children's Place, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 29, 2024 - PLCEAccesswire
- FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in The Children's Place, Inc. with Losses to Contact the FirmPR Newswire
- Investors who lost money on The Children's Place, Inc. (PLCE) should contact Levi & Korsinsky about pending Class Action - PLCEAccesswire
- PLCE DEADLINE TODAY: ROSEN, LEADING INVESTOR COUNSEL, Encourages The Children's Place, Inc. Investors to Secure Counsel Before Important April 29 Deadline in Securities Class Action - PLCEPR Newswire
PLCE
Earnings
- 11/16/23 - Miss
PLCE
Sec Filings
- 4/18/24 - Form SC
- 4/18/24 - Form NT
- 4/18/24 - Form 8-K
- PLCE's page on the SEC website