Key Developments For Children's Place Retail Stores Inc
Children's Place Retail Stores Inc (PLCE.O) (Nasdaq)
The Children's Place Retail Stores, Inc. Issues Q3 2009 EPS Guidance Above Analysts' Estimates
The Children's Place Retail Stores, Inc. announced that it is estimating earnings per share (EPS) from continuing operations for the third quarter of 2009 in the range of $1.35-$1.39. According to Reuters Estimates, analysts were expecting the Company to report EPS of $0.98 for the same period.
The Children's Place Retail Stores, Inc. Announces Appointment Of Chairman
The Children's Place Retail Stores, Inc. announced Norman Matthews, a director, has been appointed Chairman of the Company's Board of Directors. He succeeds Sally Frame Kasaks who served as Acting Chairman of the Board. Ms. Kasaks will continue to serve as a Director of the Company.
The Children's Place Retail Stores, Inc. Comments On Q2 2009 Comparable Retail Sales Outlook; Issues Q2 2009 Earnings Outlook Below Analysts' Estimates
The Children's Place Retail Stores, Inc. announced that for the second quarter of 2009, it expects comparable retail sales, which include online sales, to decline in the range of 8%-9% compared to a 10% increase during the same period last year. The Company estimates loss per share from continuing operations for the second quarter of 2009 to be in the range of $(0.25)-$(0.30), including a net gain of approximately $0.18 per share for items which the Company deems to be unusual or one-time in nature. Excluding these unusual or one-time items, the Company estimates its adjusted loss per share from continuing operations for the second quarter of 2009 to be in the range of $(0.43)-$(0.48). According to Reuters Estimates, analysts on an average were expecting the Company to report loss per share of $(0.30) for the second quarter of 2009.
The Children's Place Retail Stores, Inc. Issues Q1 2009 EPS Guidance Above Analysts' Estimates
The Children's Place Retail Stores, Inc. announced that for the first quarter of 2009, it expects earnings per share (EPS) from continuing operations to be in the range of $0.75-$0.80, including approximately $0.05 per share for items which the Company deems to be unusual or one-time in nature. Excluding these unusual or one-time items, the Company is estimating adjusted EPS from continuing operations to be in the range of $0.70-$0.75. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.41 for the same period.
The Children's Place Retail Stores, Inc. Sees Q4, FY 2008 EPS Guidance At High End Of Prior Range
The Children's Place Retail Stores, Inc. announced that it expects that earnings per share from continuing operations for the fourth quarter of 2008 and fiscal 2008 will be at the high end of the estimated ranges provided in its February 5, 2009 press release.
