Children's Place Expects To Incur Non-operating Charge Of $13M-$15M From Strategic Actions
Portfolio Pulse from Benzinga Newsdesk
Children's Place (PLCE) anticipates a non-operating charge of $13M-$15M due to strategic actions. The impact of this charge on the company's financials is yet to be determined.
June 28, 2023 | 8:10 pm
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Children's Place is expected to incur a non-operating charge of $13M-$15M due to strategic actions. This could potentially impact the company's financials.
The announcement of a non-operating charge of $13M-$15M indicates a significant financial impact. This could potentially affect the company's profitability and thus, negatively impact the stock price in the short term.
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