Children's Place Fiscal Q4 Adjusted Loss Narrows, Sales Decline; Shares Fall After Hours

MT Newswires Live
12 Apr

Children's Place (PLCE) late Friday reported a fiscal Q4 adjusted net loss of $0.75 per diluted share, narrowing from a $7.37 loss a year earlier.

Two analysts polled by FactSet, on average, expected adjusted net income of $0.26.

Net Sales for the quarter ended Feb. 1 were $408.6 million, down from $455 million a year earlier.

Two analysts expected $380.8 million.

Shares of the specialty retailer were down 4% in Friday's after-hours session.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10