The Children's Place Inc. (PLCE) reported Loss for fourth quarter that increased from the same period last year and missed the Street estimates.
The company's earnings came in at -$7.99 million, or -$0.62 per share. This compares with -$128.84 million, or -$10.24 per share, last year.
Excluding items, The Children's Place Inc. reported adjusted earnings of -$9.60 million or -$0.75 per share for the period.
Analysts on average had expected the company to earn $0.16 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 10.2% to $408.562 million from $455.034 million last year.
The Children's Place Inc. earnings at a glance (GAAP) :
-Earnings: -$7.99 Mln. vs. -$128.84 Mln. last year.-EPS: -$0.62 vs. -$10.24 last year.-Revenue: $408.562 Mln vs. $455.034 Mln last year.
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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.