NEW YORK, March 03, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against The Children's Place ("Children's Place" or the "Company") (NASDAQ:PLCE) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired Children's Place securities between March 16, 2023 and February 8, 2024, both dates inclusive (the "Class Period"). Investors have until April 29, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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On February 9, 2024, before the market opened, The Children's Place announced its preliminary fourth quarter fiscal year 2023 financial results. Therein, the Company revealed that it now expected fourth quarter net sales between $454 million and $456 million, falling short of previously issued guidance. ...