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Stock impact report

The Children’s Place Reports Third Quarter 2022 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 Q3 GAAP EPS of $3.26 versus $5.30 in Q3 2021 and $2.77 in Q3 2019Reports Q3 Adjusted EPS of $3.33 versus $5.43 in Q3 2021 and $3.03 in Q3 2019Updates Full Year 2022 Adjusted EPS Guidance to $4.05 to $4.30 SECAUCUS, N.J., Nov. 17, 2022 (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 third quarter ended October 29, 2022. Jane Elfers, President and Chief Executive Officer announced, “Our Q3 sales were slightly stronger than our projections. August top line represented approximately 39% of the quarter. Post Labor Day sales were soft, however we experienced a significant top line lift later in the month of September and into mid-October as a result of cooler weather across the northern parts of the country, combined with the launch of three powerful celebrity marketing campaigns. Sales significantly decelerated the last two weeks of October. Gro Show less Read more
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