Last $53.66 USD
Change Today -0.10 / -0.19%
Volume 297.2K
PLCE On Other Exchanges
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As of 5:20 PM 09/2/14 All times are local (Market data is delayed by at least 15 minutes).

children's place inc/the (PLCE) Snapshot

Open
$53.68
Previous Close
$53.76
Day High
$53.86
Day Low
$53.30
52 Week High
09/26/13 - $58.89
52 Week Low
05/7/14 - $44.54
Market Cap
1.2B
Average Volume 10 Days
518.1K
EPS TTM
$3.38
Shares Outstanding
21.6M
EX-Date
09/24/14
P/E TM
15.9x
Dividend
$0.53
Dividend Yield
0.49%
Current Stock Chart for CHILDREN'S PLACE INC/THE (PLCE)

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children's place inc/the (PLCE) Details

The Children's Place, Inc. operates as a children's specialty apparel retailer in North America. It sells apparel, accessories, and footwear for children; and designs, contracts, manufactures, and sells merchandise under the The Children's Place, Place, and Baby Place brands. The company serves the wardrobe needs of girls and boys, baby girls and boys, and newborn. It is also engaged in international franchise business through territorial agreements with franchisees. As of February 1, 2014, the company operated 1,107 stores. In addition, it operates an online store at childrensplace.com. The company was formerly known as The Children’s Place Retail Stores, Inc. and changed its name to The Children's Place, Inc. in June 2014. The Children's Place, Inc. was founded in 1969 and is based in Secaucus, New Jersey.

4,200 Employees
Last Reported Date: 03/20/14
Founded in 1969

children's place inc/the (PLCE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Chief Operating Officer, Chief Financial Offi...
Total Annual Compensation: $723.1K
Chief Transformation Officer
Total Annual Compensation: $733.3K
Chief Merchandising Officer
Total Annual Compensation: $651.0K
Senior Vice President of Global Sourcing
Total Annual Compensation: $562.1K
Compensation as of Fiscal Year 2013.

children's place inc/the (PLCE) Key Developments

The Children's Place Partners With Arvind Lifestyle Brands Limited to Expand Into India

The Children's Place, Inc. announced that it entered into a franchise agreement with Arvind Lifestyle Brands Limited to open stores in India, with the potential to open 50 stores over time beginning in the Fall of 2015.

The Children's Place, Inc. Declares Quarterly Dividend, Payable on October 17, 2014

The Children's Place, Inc. reported that its Board of Directors approved a quarterly dividend of $0.1325 per share, payable on October 17, 2014 to shareholders of record at the close of business on September 26, 2014.

The Children's Place, Inc. Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended August 2, 2014; Provides Earnings Guidance for the Third Quarter of 2014; Revises Earnings Guidance for the Year 2014; Announces Asset Impairment Charges for the Second Quarter Ended August 2, 2014

The Children's Place, Inc. reported consolidated unaudited earnings results for the second quarter and six months ended August 2, 2014. For the quarter, the company's net sales were $384.6 million. The quarter included the negative impact of approximately $2.8 million from currency exchange rate fluctuations. This compares to net sales of $382.4 million for the second quarter of 2013. Net loss was $10.7 million, or $0.49 per basic and diluted share compared to a net loss of $23.6 million, or $1.05 per basic and diluted share, the previous year. Adjusted net loss was $8.2 million, or $0.37 per share, compared to $9.4 million, or $0.42 per share, the previous year. Operating loss was $16.5 million, compared to $35.6 million in the second quarter of 2013. Adjusted operating loss was $12.453 million against $12.474 million a year ago. Loss before taxes was $16.557 million against $35.646 million a year ago. Comparable retail sales increased 0.8% compared to a negative 0.4% comp last year. The positive 0.8% compared for the quarter was primarily attributable to an increase in transactions in average transaction value as increased units per transactions were somewhat offset by decline in average unit retails. For the six months, the company's net sales declined 1.3% to $794.8 million, compared to $805.6 million in the first half of the prior year. Net income was $2.9 million, or $0.13 per basic and diluted share compared to net loss of $4.4 million, or $0.19 per basic and share, the previous year. Adjusted net income was $7.1 million, or $0.32 per diluted share, compared to $9.9 million, or $0.43 per diluted share the previous year. Operating income was $3.6 million, compared to an operating loss of $7.2 million in the first half of 2013. Adjusted operating income was $10.2 million, compared to $15.9 million the previous year. Income before taxes was $3.545 million against loss before taxes of $7.127 million a year ago. Net cash provided by operating activities was $13.945 million against $64.156 million a year ago. The company now expects full-year 2014 adjusted net income per diluted share will be in the range of $2.95 to $3.05, which compares to previous guidance of adjusted net income per diluted share in the range of $2.90 to $3.05. This guidance assumes comparable retail sales for the year will be flat to negative 1%. The company expects tax rate to be approximately 33% for the year. Capital expenditures for the year are expected to be between $80 million and $85 million, consistent with previous guidance. The company expects gross margin to be down approximately 160 to 180 basis points. The company expects depreciation expense to be flat in the back half of 2014 and down year-over-year as a result of year-to-date reductions. The company provided initial guidance for the third quarter of fiscal 2014, and is expecting an adjusted net income per diluted share between $1.74 and $1.82, assuming flat to negative low single digit comparable retail sales. This compares to an adjusted net income per diluted share of $1.89 in the third quarter of 2013. Comparable retail sales will be flat to negative low-single digits. The company expects to de-leverage gross margin by 130 to 160 basis points. For the quarter, the company reported asset impairment charges of $3.045 million against $21.766 million a year ago.

 

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PLCE

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Valuation PLCE Industry Range
Price/Earnings 20.1x
Price/Sales 0.7x
Price/Book 2.0x
Price/Cash Flow 9.6x
TEV/Sales 0.5x
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