Children`s Place Inc The
- Children's Place Inc plunged 24.7% to $17.93 after the specialty retailer reported a decline in earnings and a loss in the first quarter.
Revenue declined 11.2% to $321.64 million from $362.35 million and the retailer swung to a net loss of $28.83 million compared to a profit of $19.83 million and diluted earnings per share was ($2.33) compared to $1.43 a year ago.
May 24, 2023 - The Children's Place Inc said revenue in the fourth quarter ending in January declined 10.2% to $456.1 million from $507.8 million a year ago. The retailer swung to a loss of $50.5 million from a profit of $39.0 million and diluted earnings per share was ($4.10) from $2.68 a year ago.
In the full-year 2022 revenue dropped 10.8% to $1.71 billion compared to $1.92 billion in the previous year. Net loss in the year was $1.1 million compared to a profit of $187.2 million and diluted earnings per share was ($0.09) compared to $12.59 in the previous year.
The retailer ended the quarter with 613 stores and square footage of 2.9 million, a decrease of 8.3% compared to the prior year. The company permanently closed 59 stores in fiscal 2022 and permanently closed 586 stores, since the announcement of its optimization plan in 2013
Mar 17, 2023 - Children's Place said revenue is expected to range between $454 million and $456 million, a fall between 10.2% and 10.6% from a year ago and LPS between $4.24 and $4.63 in the fourth quarter.
Feb 6, 2023
| Year | May | Aug | Nov | Feb | Annual | |
|---|---|---|---|---|---|---|
| 2023 | -3.77 | -2.33 | -2.82 | 3.05 | - | |
| 2022 | 2.68 | 1.43 | -1.01 | 3.26 | -0.09 | |
| 2021 | 0.55 | 3.01 | 1.6 | 5.3 | 12.59 | |
| 2020 | 1.53 | -7.86 | -3.19 | 0.91 | -9.59 | |
| 2019 | 0.75 | 0.28 | 0.1 | 2.77 | 4.68 | |
| 2018 | -0.53 | 1.78 | 0.45 | 3.03 | 4.73 | |
| 2017 | 1.88 | 1.95 | 0.86 | 2.58 | 7.27 | |
| 2016 | 1.19 | 1.32 | 0.01 | 2.29 | 4.81 | |
| 2015 | 0.94 | 0.83 | 0.33 | 1.93 | 4.03 | |
| 2014 | 0.61 | -0.49 | 1.70 | 0.70 | 2.32 | |
| 2013 | 0.83 | -1.05 | 1.84 | 0.81 | 2.61 | |
| 2012 | 1.00 | -0.74 | 1.54 | 0.85 | 2.9 | |
| 2011 | 1.10 | -0.38 | 1.33 | 1.04 | 2.89 | |
| 2010 | 1.00 | -0.30 | 1.15 | 1.16 | 3.08 | |
| 2009 | 0.79 | -0.24 | 1.37 | 1.31 | 2.79 | |
| 2008 | 0.67 | 0.00 | 0.81 | -1.95 | -2.01 | |
| 2007 | 0.49 | -0.97 | 0.42 | 1.51 | 2.92 | |
| 2006 | 0.50 | -0.47 | 1.38 | 1.47 | 2.09 | |
| 2005 | 0.34 | -0.73 | 1.01 | 0.78 | 1.48 |