Your email has been successfully added to our mailing list.

×
0 0.000146886016451309 -0.00117508813160985 -0.0214453584018801 -0.0268801410105758 0.0428907168037603 0.0575793184488837 0.0777027027027028
Stock impact report

Children's Place shares headed toward a three-year low after sales miss, weak guidance [MarketWatch]

Children's Place, Inc. (The) (PLCE) 
Last children's place, inc. (the) earnings: 3/17 07:32 am Check Earnings Report
Company Research Source: MarketWatch
Children's Place shares headed toward a three-year low after sales miss, weak guidance Children's Place Inc. PLCE, -3.23% stock sank 12.5% in Wednesday premarket trading, heading to an open at a three-year low, after the retailer reported second-quarter sales that missed expectations and gave weak guidance. Net income totaled $1.5 million, or 10 cents per share, down from $7.5 million, or 45 cents per share, last year. Adjusted EPS of 19 cents beat the FactSet consensus of 18 cents per share. Sales of $420.5 million was also down from $448.7 million and missed the FactSet guidance for $427.0 million. Same-store sales fell 3.8%, below the 2.8% decline FactSet expected. Jane Elfers, chief executive of Children's Place, said there was "lingering pressure from the Q1 Gymboree liquidation" and traffic was weaker than expected, which led to more promotions in the sector. "[W]e believe it is prudent to assume an elevated promotional environment for the back half of 2019," the statement sa 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
Opt-in for
PLCE alerts

from News Quantified
Opt-in for
PLCE alerts

from News Quantified