The Children's Place Retail Stores (PLCE) Tops Q4 EPS Views; Announces $100M Buyback; Guides FY11, Q111 EPS
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The Children's Place Retail Stores (NASDAQ: PLCE) reported Q4 adjusted EPS of $1.22, $0.21 better than the analyst estimate of $1.01. Revenue for the quarter came in at $453.2 million versus the consensus estimate of $468.54 million.
Comparable retail sales, which include online sales, declined 5.9% in the fourth quarter of 2010.
Announces new $100 million buyback.
Sees FY2011 EPS of $3.05 - $3.25, versus the consensus of $2.84.
Also sees Q111 EPS of $1.00 - $1.05, versus the consensus of $1.12.
Comparable retail sales, which include online sales, declined 5.9% in the fourth quarter of 2010.
Announces new $100 million buyback.
Sees FY2011 EPS of $3.05 - $3.25, versus the consensus of $2.84.
Also sees Q111 EPS of $1.00 - $1.05, versus the consensus of $1.12.
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