PLCE Stock Recent News
PLCE LATEST HEADLINES
Shares of Children's Place Inc (PLCE, Financial) surged 2.90% in mid-day trading on Oct 2. The stock reached an intraday high of $14.85, before settling at $14.55, up from its previous close of $14.14.
The Children's Place, Inc. saw a surprise profit due to cutting unprofitable promotions, reducing marketing spend, and ending free shipping, despite a 7.5% sales decline. Gross profit surged by $24 million, with gross margin expanding by 960 basis points, driven by lower costs and higher prices on units sold. Adjusted net income turned positive at $3.9 million, or $0.30 per share, a significant improvement from a $26.5 million loss last year.
Shares for Children's Place (PLCE) nearly doubled at the close on Wednesday following its profit surprise. George Tsilis talks about the "turnaround story" for the children's clothing store and what it needs to stay successful.
Children's Place Inc.'s stock soared 90% as a rare gainer Wednesday after the retailer topped analyst expectations with its first adjusted profit in two years.
The Children's Place (PLCE) reported earnings 30 days ago. What's next for the stock?
The Children's Place (PLCE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
The Children's Place (PLCE) Q1 results reflect a decrease in retail sales caused by factors such as fewer stores and reduced foot traffic.
SECAUCUS, N.J., June 12, 2024 (GLOBE NEWSWIRE) -- The Children's Place, Inc. (Nasdaq: PLCE), an omni-channel children's specialty portfolio of brands with an industry-leading digital-first model, today announced financial results for the first quarter ended May 4, 2024.
The Children's Place (PLCE) reported earnings 30 days ago. What's next for the stock?
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