Children's Place Retail Stores (PLCE) reported a second quarter adjusted net loss of $0.62 per share Thursday morning, compared to the consensus estimate of a loss of $0.66. Third quarter adjusted EPS is expected to be between $1.53 and $1.58. The consensus estimate is for EPS of $1.63. Full year 2012 adjusted EPS is now expected to be between $3.20 and $3.30, up from prior guidance of $3.15 to $3.30. The consensus estimate is for EPS of $3.23.
Children's Place Retail Stores gapped up sharply Thursday, but traded in a range for the majority of the session. Shares finished up by 4.33 at $55.90, with volume at a 3-month high. The stock broke out of a month and a half long range and set an 8-month high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.