The Children’s Place Reports Record First Quarter 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
Children's Place (PLCE) Tops Q1 EPS by $3.19, Revenues Beat
May 20, 2021 7:04 AM EDTChildren's Place (NASDAQ: PLCE) reported Q1 EPS of $3.25, $3.19 better than the analyst estimate of $0.06. Revenue for the quarter came in at $435.48 million versus the consensus estimate of $354.78 million.
Jane Elfers, President and Chief Executive Officer announced, We delivered outstanding first quarter results with gross margin, operating margin, and EPS all at record levels. Our Q1 2021 net sales of $435 million exceeded our pre-COVID Q1 2019 net sales of $412 million, despite having 261 or 27% fewer stores ending Q1 2021 versus Q1 2019.
Ms. Elfers continued, All key metrics across both our digital and stores channels exceeded expectations. Our... More
