Children's Place Retail Stores (PLCE) reported first quarter net income of $0.83 per share Thursday morning, down from $1.00 per share last year. The consensus estimate was for EPS of $0.61. The company expects to report an adjusted EPS loss of $0.50 to $0.55 for the second quarter and an adjusted profit of $3.05 and $3.20 for the full year 2013. The consensus estimates are for a loss of $0.60 and a profit of $3.00.
Children's Place gapped open sharply higher Thursday, but then retreated until around 1:30PM. Shares finished with a gain of 1.42 at $52.89 on above average volume. The stock closed at a 6-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.