Children's Place Trims FY22 Adj. EPS, Net Sales Outlook As Q3 Adj. EPS Misses Estimates

RTTNews | 770 dagar sedan
Stocktwits
Children's Place Trims FY22 Adj. EPS, Net Sales Outlook As Q3 Adj. EPS Misses Estimates

(RTTNews) - Specialty apparel retailer The Children's Place, Inc. (PLCE) reported Thursday that net income for the third quarter nearly halved to $42.86 million or $3.26 per share from $78.87 million or $5.30 per share in the prior-year quarter.

Excluding items, adjusted net income was $3.33 per share, compared to $5.43 per share last year.

On average, four analysts polled by Thomson Reuters expected the company to report earnings of $3.73 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter declined 8.8 percent to $509.12 million from $558.23 million in the same quarter last year. Analysts expected revenue of $499.44 million for the quarter. Comparable retail sales decreased 10 percent for the quarter.

Looking ahead to the fourth quarter, the company expects adjusted earnings in a range of $0.50 to $0.75 per share on net sales between $460 million and $470 million, with a low-teens percent decrease in comparable retail sales.

For fiscal 2022, the company now projects adjusted earnings in a range of $4.05 to $4.30 per share on net sales between $1.713 billion and $1.723 billion, with a low-double digit decrease in comparable retail sales.

Previously, the company expected adjusted earnings of around $7.00 per share on net sales of approximately $1.725 billion, with a low double digit decrease in comparable retail sales.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Taggar: PLCE
Stocktwits
read more
Children's Place Slashes FY23 Outlook As Q1 Results Miss Estimates; Stock Down 16%

Children's Place Slashes FY23 Outlook As Q1 Results Miss Estimates; Stock Down 16%

Specialty apparel retailer The Children's Place, Inc. (PLCE) reported Wednesday a net loss for the first quarter of $28.83 million or $2.33 per share, compared to net income of $19.83 million or $1.43 per share in the prior-year quarter. Excluding items, adjusted net loss was $2.00 per share, compared to $1.05 per share last year.
RTTNews | 582 dagar sedan
Dollar General Q4 Profit Rises, While Children's Place Slips To Loss

Dollar General Q4 Profit Rises, While Children's Place Slips To Loss

Retailers Dollar General Corp. (DG) and The Children's Place, Inc. (PLCE) reported on Thursday that financial results for the fourth quarter, with Dollar General profit and revenues growing from last year and Children's Place slipping to a loss with net sales also declining from last year.
RTTNews | 651 dagar sedan
Children's Place Slashes Q4 Outlook

Children's Place Slashes Q4 Outlook

While announcing preliminary unaudited results for the fourth quarter on Monday, specialty apparel retailer The Children's Place, Inc. (PLCE) now expects loss for the fourth quarter in a range of $4.24 to $4.63 per share and adjusted loss in a range of $4.02 to $4.41 per share, down from the prior guidance range of adjusted earnings in the range of $0.50 to $0.75 per share.
RTTNews | 689 dagar sedan
Macy's, Kohl's Q3 Results Top Estimates, While Children's Place Adj. EPS Missed

Macy's, Kohl's Q3 Results Top Estimates, While Children's Place Adj. EPS Missed

Omni-channel fashion retailer Macy's, department store chain Kohl's and specialty apparel retailer The Children's Place reported on Thursday that net profit for the third quarter approximately halved from last year, primarily on lower margins and higher expenses, apart from a single-digit percentage drop in net sales.
RTTNews | 770 dagar sedan
U.S. Dollar Advances Amid Higher Treasury Yields

U.S. Dollar Advances Amid Higher Treasury Yields

The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as treasury yields rose amid uncertainty about the Federal Reserve's interest rate path and U.S. President-elect Donald Trump's tariff threats.
RTTNews | 8h 9minuter sedan
Turkish CB Cuts Interest Rate For First Time Since Early 2023

Turkish CB Cuts Interest Rate For First Time Since Early 2023

Turkey's central bank lowered its key policy rate on Thursday, signaling a start to the easing cycle, after maintaining the key interest rate at a high level since the summer of 2023 amid the elevated inflationary pressures.
RTTNews | 10h 53minuter sedan
Verktyg
Ekonomisk kalender
Market Hours
Interest Rates
Holidays Calendar
Forex Marknad
Forex Volatilitet
Forex Korrelation
Forex Nyheter
forex analysis
COT Data
Likviditet
Forex Kalkylatorer
Forex värmekarta
Indicators Heatmap
Gemenskapen
Gemenskapen
Systems
De mest populära systemen
Strategier
Tävlingar
Forex Diagram
Forex Sentiment
Indikator för utsikter
Recensioner
Mäklare
Prop Trading Firms
VPS-tjänster
Signalleverantörer
EA-programmeringstjänster
Affiliate Programs
PAMM mäklartjänster
Tjänster för rabattprogram
Trading Plattformar
Expertrådgivare
krypto Börser
Trading Courses
Mäklare
Forex Sprider sig
Forex Citat från mäklare
Forex mäklare Swaps
Forex Volym för mäklare
Forex Kampanjer för mäklare Broker News
Plattform
Widgetar
Funktioner
API
RSS
Stock Portfolio
Affiliate Software
Avancerade diagram
Stöd
FAQ
Hjälp
Kontakta oss
Rapportera en bugg!
Om
Blogg
© 2024 Myfxbook Ltd. Alla rättigheter reserverade
HIGH RISK WARNING: Valutahandel innebär en hög risknivå som kanske inte är lämplig för alla investerare. Hävstångseffekten skapar ytterligare risker och förlustexponering. Innan du bestämmer dig för att handla med utländsk valuta bör du noga överväga dina investeringsmål, din erfarenhetsnivå och din risktolerans. Du kan förlora en del av eller hela din ursprungliga investering. Investera inte pengar som du inte har råd att förlora. Utbilda dig om de risker som är förknippade med valutahandel och sök råd från en oberoende finansiell eller skatterådgivare om du har några frågor. Alla uppgifter och all information tillhandahålls endast i informationssyfte och är inte avsedda för handelsändamål eller rådgivning. Tidigare resultat är inte en indikation på framtida resultat.