PLCE - Children's Place Retail Stores Non-GAAP EPS of -$3.87 beats by $0.22 revenue of $456.1M beats by $0.76M
2023-03-16 07:02:38 ET
- Children's Place Retail Stores press release ( NASDAQ: PLCE ): Q4 Non-GAAP EPS of -$3.87 beats by $0.22 .
- Revenue of $456.1M (-10.2% Y/Y) beats by $0.76M .
- The decrease in net sales was primarily due to the impact of permanent store closures, a slowdown in consumer demand resulting from the unprecedented inflation impacting our customer and lapping the impact of the enhanced child tax credits and a record holiday season in 2021. Comparable retail sales decreased 12.8% for the quarter.
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Children's Place Retail Stores Non-GAAP EPS of -$3.87 beats by $0.22, revenue of $456.1M beats by $0.76M