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Last $59.63 USD
Change Today +0.17 / 0.29%
Volume 333.1K
PLCE On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

children's place inc/the (PLCE) Snapshot

Open
$59.11
Previous Close
$59.46
Day High
$59.93
Day Low
$58.69
52 Week High
05/8/15 - $69.90
52 Week Low
10/10/14 - $46.85
Market Cap
1.2B
Average Volume 10 Days
550.7K
EPS TTM
$3.32
Shares Outstanding
20.6M
EX-Date
09/15/15
P/E TM
17.9x
Dividend
$0.60
Dividend Yield
0.95%
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 August 1, 2015, it operated 1,086 stores in the United States, Canada, and Puerto Rico; and 85 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, Principal Accounting...
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, Inc. Declares Quarterly Dividend, Payable on October 8, 2015

The Children's Place, Inc. announced that the Board declared a quarterly cash dividend of $0.15 per share to be paid October 8, 2015 to shareholders of record at the close of business on September 17, 2015.

The Children's Place, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Year to Date Ended August 1, 2015; Provides Earnings Guidance for the Third Quarter of Fiscal 2016; Revises Earnings Guidance for the Fiscal Year 2016; Announces Asset Impairment Charges for the Second Quarter Ended August 1, 2015; Plans to Open 5 Stores and Close 30 Stores in 2015

The Children's Place, Inc. reported unaudited consolidated earnings results for the second quarter and year to date ended August 1, 2015. For the quarter, the company's net sales were $366,455,000 compared to $384,628,000 a year ago. The quarter included the negative impact of approximately $6.4 million from currency exchange rate fluctuations. Comparable retail sales decreased 3.5% in the second quarter of 2015. Operating loss was $20,118,000 compared to $16,497,000 a year ago. Loss before taxes was $20,323,000 compared to $16,557,000 a year ago. Net loss was $13,695,000 compared to $10,687,000 a year ago. Diluted loss per common share was $0.67 compared to $0.49 a year ago. Adjusted net loss was $6,837,000 compared to $8,150,000 a year ago. Adjusted net loss per diluted share was $0.33 compared to $0.37 a year ago. Adjusted operating loss was $8,878,000 compared to $12,453,000 a year ago. For the year to date, the company's net sales were $771,320,000 compared to $794,777,000 a year ago. Year to date sales include the negative impact of approximately $11.2 million from currency exchange rate fluctuations. Operating income was $3,086,000 compared to $3,586,000 a year ago. Income before taxes was $2,705,000 compared to $3,545,000 a year ago. Net income was $1,912,000 compared to $2,909,000 a year ago. Diluted earnings per common share were $0.09 compared to $0.13 a year ago. Adjusted net income was $10,900,000 compared to $7,133,000 a year ago. Adjusted net income per diluted share was $0.52 compared to $0.32 a year ago. Adjusted operating income was $17,849,000 compared to $10,233,000 a year ago. Net cash provided by operating activities was $40,101,000 compared to $13,945,000 a year ago. For the third quarter of fiscal 2016, the company expects adjusted net income per diluted share between $1.90 and $1.96, inclusive of an estimated $0.07 negative impact from foreign exchange. This compares to adjusted net income per diluted share of $1.82 in the third quarter of fiscal 2015. This guidance range assumes that currency exchange rates will negatively impact adjusted EPS by approximately $0.07 in the third quarter. This guidance assumes that comparable retail sales for the third quarter will increase by approximately 1%. Third quarter guidance assumes that depreciation will be approximately $17 million, deleveraging 50 basis points compared to 2014, reflecting increased depreciation associated with certain transformation-related systems that went live in the second quarter. The company projects adjusted operating margin to leverage 10 to 40 basis points compared to 2014. The company is updating its outlook for fiscal 2016 and now expects adjusted net income per diluted share to be in the range of $3.35 to $3.45, inclusive of a $0.15 negative impact from foreign exchange. This compares to the company’s previous guidance of $3.30 to $3.45 per diluted share and to adjusted net income per diluted share of $3.05 in fiscal 2015. This is inclusive of a $0.15 negative EPS impact for the full year due to FX, assuming that currency exchange rates remain consistent with today's rates for the balance of the year. This guidance assumes that comparable retail sales for the year will be approximately flat compared to fiscal 2015. The company expects depreciation for the full year 2015 to be approximately $65 million. The company projects adjusted operating margin to leverage 60 to 70 basis points compared to 2014. This guidance excludes unusual costs or events that are reported in the non-GAAP adjustments. The company expects tax rate to be approximately 33.5% for the year. The company is forecasting another year of strong cash from operations in 2015. CapEx is expected to be approximately $65 million to $70 million for the year. The company plans to open 5 stores and close 30 stores in 2015. The company also announced asset impairment charges of $1,452,000 for the second quarter ended August 1, 2015 compared to $3,045,000 a year ago.

The Children's Place, Inc. to Report Q2, 2016 Results on Aug 25, 2015

The Children's Place, Inc. announced that they will report Q2, 2016 results at 8:00 AM, US Eastern Standard Time on Aug 25, 2015

 

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Industry Analysis

PLCE

Industry Average

Valuation PLCE Industry Range
Price/Earnings 22.8x
Price/Sales 0.7x
Price/Book 2.3x
Price/Cash Flow 10.6x
TEV/Sales 0.6x
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