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Stock impact report

The Children’s Place Reports Second Quarter 2019 Results

Children's Place, Inc. (The) (PLCE) 
Last children's place, inc. (the) earnings: 3/17 07:32 am Check Earnings Report
Company Research Source: GlobeNewswire
Reports Q2 GAAP Earnings per Diluted Share of $0.10 versus $0.45 in Q2 2018Reports Q2 Adjusted Earnings per Diluted Share of $0.19 versus $0.70 in Q2 2018Updates Full Year 2019 Adjusted Earnings per Diluted Share Guidance to $5.40 to $5.75Provides Q3 2019 Adjusted Earnings per Diluted Share Guidance of $2.90 to $3.05 SECAUCUS, N.J., Aug. 21, 2019 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced financial results for the second quarter ended August 3, 2019. Jane Elfers, President and Chief Executive Officer announced, “Amidst lingering pressure from the Q1 Gymboree liquidation, we delivered a 3.8% comp decrease in Q2 versus a 13.2% comp increase LY.  Sales for the quarter met our expectations, however traffic remained weaker than anticipated which led to a late quarter increase in promotional activity across the sector.  Although we exited the quarter with seasona Show less Read more
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