- The Children's Place Retail Stores (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.
From other sites
at Nasdaq.com (Jan 23, 2015)
at Nasdaq.com (Jan 16, 2015)
at Benzinga.com (Jan 13, 2015)
at Benzinga.com (Jan 8, 2015)
at CNBC.com (Dec 30, 2014)
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