STOCK TITAN

Children's Place, Inc. - $PLCE STOCK NEWS

Welcome to our dedicated page for Children's Place news (Ticker: $PLCE), a resource for investors and traders seeking the latest updates and insights on Children's Place stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Children's Place's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Children's Place's position in the market.

Rhea-AI Summary
The Children's Place announces the launch of Gymboree XO Mandy Moore, a limited-edition capsule collection designed in partnership with Mandy Moore and exclusively sold through Gymboree.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.43%
Tags
none
-
Rhea-AI Summary
The Children's Place partners with Snoop Dogg for their holiday campaign, featuring three generations of icons. The campaign showcases the brand's new holiday collection and emphasizes their ability to dress families for every holiday moment. The collection is available for purchase on their website and in stores.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.67%
Tags
partnership
-
Rhea-AI Summary
The Children's Place launches its 2023 Holiday campaign, 'An Iconic Holiday,' featuring pop culture icons and their families, showcasing the brand's assortment and celebrating the bond of music and fashion. The campaign targets millennials and offers over 30 festive matching family collections. The new collection is available for purchase online and in stores.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.89%
Tags
none
Rhea-AI Summary
The Children's Place reports Q2 GAAP EPS of $(2.82) and Q2 Adjusted EPS of ($2.12). Expects Adjusted EPS in the Range of $5.00-$5.25 for the Back Half of 2023. Net sales decreased 9.3% to $345.6 million in Q2 2023. Gross profit decreased to $87.8 million. Operating loss was $36.9 million. Net loss was $35.4 million. Comparable retail sales decreased 9.0% for the quarter. The Company plans to close approximately 80-100 stores this year. Inventories were $537 million, a decrease of 12.9% versus last year. The Company had $19 million of cash and cash equivalents and $348 million outstanding on its revolving credit facility. Provides guidance for the back half of 2023 and third quarter of 2023, expecting net sales to decrease in the mid-single digit percentage range.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.6%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.83%
Tags
conferences earnings
-
Rhea-AI Summary
Children's Place partners with Jonas Brothers for Best School Day Ever Contest. 10 finalists selected for a chance to win $100,000 for their school. Voting phase open to the public. The Children's Place also giving away $500 pre-paid cards. Event featured fashion show and live performance by Jonas Brothers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
Tags
none
Rhea-AI Summary
The Children's Place, Inc. (PLCE) appoints Maegan Markee as Brand President, promotes Sheamus Toal to Chief Operating Officer and Chief Financial Officer, and hires Mary Beth Sheridan as Chief Merchant. The company aims to advance digital growth and enhance its marketing transformation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
Tags
management
-
Rhea-AI Summary
The Children’s Place, Inc. (Nasdaq: PLCE) announces the release of its 2022 Environment, Social and Governance (ESG) Report, detailing its strategic approach to ESG, progress made in fiscal 2022, and key initiatives. Highlights include a 46% reduction in GHG emissions, 72% responsibly sourced cotton fibers, and increased representation of Black/African American associates at U.S. corporate offices by 45%. The report covers 16 key focus areas, 26 measurable goals, and aligns with SASB, GRI, and UN SDGs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.49%
Tags
none
-
Rhea-AI Summary
The Children’s Place appoints Alicia Enciso to its Board of Directors and Corporate Responsibility Committee. Tracey Griffin is leaving the Board to become CFO of the Chalhoub Group in Dubai.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.99%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
partnership
Children's Place, Inc.

Nasdaq:PLCE

PLCE Rankings

PLCE Stock Data

96.32M
10.99M
7.29%
138.03%
20.57%
Family Clothing Stores
Retail Trade
Link
United States of America
SECAUCUS

About PLCE

the children’s place is the largest pure-play children’s specialty apparel retailer in north america. the company designs, contracts to manufacture, sells and licenses to sell fashionable, high-quality merchandise at value prices. as of january 28, 2017, the company operated 1,039 stores in the united states, canada and puerto rico, an online store at www.childrensplace.com, and had 150 international points of distribution open and operated by its 6 franchise partners in 17 countries.