- The Children's Place Retail Stores (NASDAQ:PLCE) reports comparable-store sales fell 4.3% during Q4.
- Gross profit rate slipped 150 bps to 35.5% during the period as promotional activity increased.
- Looking ahead, the company sees increasing e-commerce sales and plans to add 65-70 international stores. A new $100M share repurchase authorization is announced as well.
More on Children's Place Retail Stores' Q4
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Symbol | Last Price | % Chg |
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PLCE | - | - |
The Children's Place, Inc. |