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Children's Place Inc. (PLCE) Has Fallen To A New Low After Weak Q3 Report

Children's Place Inc. (PLCE) reported third quarter adjusted EPS of $3.07 Thursday morning. The company's revenue for the quarter rose 6.6% to $522.50 million from $490.03 million last year.

The company expects to report fourth quarter EPS of $2.07 to $2.17 and full year EPS of $7.69 to $7.79.

Children's Place gapped open lower this morning and has continued to fall in early trade. Shares are now down 19.88 at $103.27. The stock has dropped to a new low for the year.

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