Children's Place (PLCE -10.5%) getting punished after it slashes its Q4 guidance for EPS from...


Children's Place (PLCE -10.5%) getting punished after it slashes its Q4 guidance for EPS from continuing ops to $0.85-$0.90 from $1.19-$1.24 previously, with the new forecast well below Street estimates. The retailer also said comparable sales would remain flat. Margins have been hit by discounts and record high apparel costs. (PR)

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