The Children's Place (PLCE) Posts Wider Than Expected Q1 Loss

Q1 Details The Children's Place, Inc. (PLCE) disappointed with its first-quarter fiscal 2024 performance. This pure-play children's specialty apparel retailer posted a loss that was wider than anticipated. Additionally, its revenues missed the Zacks Consensus Estimate and declined year over year. The Children's Place posted an adjusted loss per share of $1.18, wider than the Zacks Consensus Estimate of a loss of 88 cents. However, the loss narrowed from an adjusted loss of$2.00 reported in the year-ago qua ...