The Children's Place, Inc. (PLCE) Q3 2023 Earnings Call Transcript

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Q3: 2023-11-16 Earnings Summary

EPS of $3.22 misses by $0.29
 | Revenue of $480.23M (-5.67% Y/Y) beats by $15.59M

The Children's Place, Inc. (NASDAQ:PLCE) Q3 2023 Earnings Conference Call November 16, 2023 8:00 AM ET

Company Participants

Jane Elfers - President and CEO
Maegan Markee - Brand President
Sheamus Toal - COO and CFO

Conference Call Participants

Jeff Lick - B. Riley Financial
Jim Chartier - Monness, Crespi and Hardt
Jay Sole - UBS
Marni Shapiro - The Retail Tracker
Dana Telsey - Telsey Group

Operator

Good morning, and welcome to The Children's Place Third Quarter 2023 Earnings Conference Call.

On the call today are Jane Elfers, President and Chief Executive Officer; Maegan Markee, Brand President; and Sheamus Toal, Chief Operating Officer and Chief Financial Officer. After the prepared remarks we will open the call up to your questions. The Children's Place issued its third quarter 2023 earnings press release earlier this morning, and a copy of the release and presentation materials have been posted to the Investor Relations section of the company's website.

Before we begin, let me remind you that statements made on this conference call and in the company's earnings release and presentation materials about the company's outlook, plans and future performance are forward-looking statements. Actual results may differ materially from those projected. For a discussion of factors that could cause actual results to vary from those contained in the forward-looking statements, please refer to the company's most recent annual and quarterly reports filed with the Securities and Exchange Commission, and the presentation materials posted on the company's website.

On this call, the company will reference various non-GAAP financial measurements. A reconciliation of these non-GAAP financial measurements to the GAAP financial measurements is provided in the company's earnings release and presentation materials. Also, today's call is being recorded.

It is now my pleasure to turn the call over to Jane Elfers.

Jane Elfers

Thank you, and good

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