Children's Place Q1 Adj EPS $(1.18) Vs $(2.00) Last Year; Sales $267.88M, Down From $321.64M Last Year
Portfolio Pulse from Benzinga Newsdesk
Children's Place (NASDAQ:PLCE) reported a Q1 adjusted EPS of $(1.18), an improvement from $(2.00) last year, but sales decreased by 16.71% to $267.88 million from $321.64 million.
June 12, 2024 | 9:10 pm
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Children's Place reported a Q1 adjusted EPS of $(1.18), an improvement from $(2.00) last year, but sales decreased by 16.71% to $267.88 million from $321.64 million.
While the EPS loss has improved significantly, the substantial decrease in sales may concern investors. The mixed results could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100