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Last $62.09 USD
Change Today -0.30 / -0.48%
Volume 287.3K
PLCE On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

children's place inc/the (PLCE) Snapshot

Open
$61.95
Previous Close
$62.39
Day High
$62.29
Day Low
$61.32
52 Week High
03/23/15 - $65.00
52 Week Low
05/7/14 - $44.54
Market Cap
1.3B
Average Volume 10 Days
239.5K
EPS TTM
$3.18
Shares Outstanding
20.8M
EX-Date
04/7/15
P/E TM
19.5x
Dividend
$0.60
Dividend Yield
0.88%
Current Stock Chart for CHILDREN'S PLACE INC/THE (PLCE)

children's place inc/the (PLCE) Related Businessweek News

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children's place inc/the (PLCE) Details

The Children’s Place, Inc. operates as a children's specialty apparel retailer. The company sells apparel, accessories, footwear, and other items for children; and designs, contracts to manufacture, and sells merchandise under the proprietary The Children's Place, Place, and Baby Place brand names. As of January 31, 2015, it operated 1,097 stores in the United States, Canada, and Puerto Rico; and 72 international stores that are operated by its franchise partners. The company also sells its products through operating an online store at childrensplace.com. The company was formerly known as The Children’s Place Retail Stores, Inc. and changed its name to The Children's Place, Inc. in June 2014. The Children's Place, Inc. was founded in 1969 and is based in Secaucus, New Jersey.

3,900 Employees
Last Reported Date: 03/26/15
Founded in 1969

children's place inc/the (PLCE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Chief Financial Officer and Principal Account...
Total Annual Compensation: $67.3K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $768.3K
Chief Transformation Officer
Total Annual Compensation: $733.3K
Senior Vice President of Merchandising
Total Annual Compensation: $602.3K
Compensation as of Fiscal Year 2014.

children's place inc/the (PLCE) Key Developments

The Children’S Place Plans to Open 5 to 8 Stores and Close 25 to 30 Stores in 2015

The Children’s Place announced that it plans to open 5 to 8 stores and close 25 to 30 stores in 2015. The company also expects to open 30 international stores in 2015, including the first stores in India.

the Children's Place, Inc. Declares Quarterly Dividend, Payable on April 30, 2015; Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2015; Provides Earnings Guidance for the First Quarter of 2015 and Full Year of 2015; Reports Asset Impairment Charges for the Fourth Quarter Ended January 31, 2015

The Children's Place, Inc. Board of Directors increased the quarterly dividend by 13% from $0.1325 per share to $0.15 per share, payable on April 30, 2015 to shareholders of record at the close of business on April 9, 2015. The company reported unaudited consolidated earnings results for the fourth quarter and full year ended January 31, 2015. For the quarter, the company reported net sales of $479,243,000 compared to $467,497,000 a year ago. Operating income was $20,654,000 compared to $21,903,000 a year ago. Income before taxes was $20,609,000 compared to $22,026,000 a year ago. Net income was $17,037,000 or $0.79 per diluted share compared to $15,651,000 or $0.69 per diluted share a year ago. Adjusted net income was $20,172,000 or $0.94 per share compared to $21,757,000 or $0.96 per share a year ago. Adjusted operating income was $28,772,000 compared to $31,334,000 a year ago. Comparable retail sales increased 3.7% compared to a negative 4.3% comp last year. The positive 3.7% comp for the quarter was a result of an increase in transactions and average transaction value. For the year, the company reported net sales of $1,761,324,000 compared to $1,765,789,000 a year ago. Operating income was $80,043,000 compared to $76,283,000 a year ago. Income before taxes was $79,875,000 compared to $76,548,000 a year ago. Net income was $56,888,000 or $2.59 per diluted share compared to $53,026,000 or $2.32 per diluted share a year ago. Adjusted net income was $66,851,000 or $3.05 per share compared to $74,355,000 or $3.26 per share a year ago. Adjusted operating income was $99,101,000 compared to $110,386,000 a year ago. Net cash provided by operating activities was $161,410,000 against $173,470,000 a year ago. Capex was $72 million. For fiscal 2015, the company expects adjusted net income per diluted share will be in the range of $3.15 to $3.30, inclusive of a $0.15 negative impact from foreign exchange. This compares to adjusted net income per diluted share of $3.05 in fiscal 2014. This guidance assumes a flat to positive 1% increase in comparable retail sales for the year. The company expects depreciation for the full year 2015 to be in the range of $63 million to $65 million. This is approximately an $0.11 negative impact in EPS compared to 2014. This increase in depreciation in 2015 was anticipated and reflects the increased investment in technology that have been making and continue to make. The company expects tax rate to be approximately 33% for the year. The company is forecasting another year of strong cash from operations in 2015. The company is guiding capital expenditures to be in the range of $75 million to $80 million for the year. The company expects adjusted net income per diluted share in the first quarter of 2015 will be between $0.60 and $0.65, inclusive of an estimated $0.01 negative impact from foreign exchange. This compares to adjusted net income per diluted share of $0.68 in the first quarter of 2014. This guidance assumes a flat to negative 2% decrease in comparable retail sales. The company assumes that depreciation will be approximately $15 million. This is approximately a $0.03 negative impact in EPS compared to 2014. For the fourth quarter ended January 31, 2015, the company reported asset impairment charges of $4,794,000.

The Board of Children's Place Exploring Strategic Alternatives

Macellum Advisors, LP and Barington Capital Group, L.P. recommend that the Board of The Children's Place, Inc. (NasdaqGS:PLCE) should consider strategic alternatives as well as explore a sale of The Children's Place.

 

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Industry Analysis

PLCE

Industry Average

Valuation PLCE Industry Range
Price/Earnings 23.9x
Price/Sales 0.7x
Price/Book 2.2x
Price/Cash Flow 11.0x
TEV/Sales 0.6x
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