Shares of Children's Place PLCE moved higher by 1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share decreased 878.95% over the past year to ($1.48), which missed the estimate of ($1.14).
Revenue of $368,923,000 decreased by 12.26% from the same period last year, which beat the estimate of $365,210,000.
Looking Ahead
Children's Place hasn't issued any earnings guidance for the time being.
Children's Place hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Aug 25, 2020
Time: 08:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/mtsoqri4
Price Action
Company's 52-week high was at $95.53
Company's 52-week low was at $9.25
Price action over last quarter: down 49.99%
Company Overview
Children's Place Inc is a specialty retailer that sells accessories, footwear, and other items for children. The company has over a thousand stores in North America and also sells through its website and wholesale. It reaches more than a dozen other countries, with franchise partners operating stores, shops, or e-commerce sites. The company leases all of its retail stores, and most are located in malls. Children's Place has one distribution center in the United States and one in Canada to support operations in those countries. It uses third-party providers to support operations in other countries. The company sources its product from well over 100 vendors, which are primarily located in Asia.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.