Last $48.24 USD
Change Today -0.44 / -0.90%
Volume 107.7K
PLCE On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 12:19 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

children's place (PLCE) Snapshot

Open
$48.68
Previous Close
$48.68
Day High
$48.68
Day Low
$48.02
52 Week High
09/26/13 - $58.89
52 Week Low
04/24/13 - $44.59
Market Cap
1.1B
Average Volume 10 Days
395.7K
EPS TTM
$3.39
Shares Outstanding
22.0M
EX-Date
03/25/14
P/E TM
14.2x
Dividend
$0.53
Dividend Yield
0.27%
Current Stock Chart for CHILDREN'S PLACE (PLCE)

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children's place (PLCE) Details

The Children’s Place Retail Stores, 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 Children’s Place Retail Stores, 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 (PLCE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.1M
Chief Operating Officer, Chief Financial Offi...
Total Annual Compensation: $97.5K
Executive Vice President of Merchandising and...
Total Annual Compensation: $633.3K
Senior Vice President of Global Sourcing
Total Annual Compensation: $379.8K
Senior Vice President of Human Resources
Total Annual Compensation: $422.5K
Compensation as of Fiscal Year 2012.

children's place (PLCE) Key Developments

The Children’s Place Retail Stores, Inc. Presents at Bank of America Merrill Lynch 2014 Consumer & Retail Conference, Mar-11-2014

The Children’s Place Retail Stores, Inc. Presents at Bank of America Merrill Lynch 2014 Consumer & Retail Conference, Mar-11-2014 . Venue: The New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.

The Children’s Place Retail Stores, Inc. Announces Quarterly Cash Dividend Payable on April 17, 2014 ; Amends its Existing Credit Facility

The Children’s Place Retail Stores, Inc. announced the board authorized a quarterly cash dividend of $0.1325 per share to be paid April 17, 2014 for shareholders of record at the close of business on March 27, 2014. The quarterly dividend is the first for The Children's Place since becoming a public company in 1997. In conjunction with the expanded capital return program, the company amended its existing credit facility to increase its line of credit to $200 million from $150 million and to permit dividend payments on the same basis as stock repurchases. It also extended the agreement an additional year to August 2018.

The Children’s Place Retail Stores, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended February 1, 2014; Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2014; Plans to Open New Stores; Expects to Close 125 Underperforming Stores Through 2016; Announces Impairment Charges for the Fourth Quarter Ended February 1, 2014

The Children’s Place Retail Stores, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended February 1, 2014. Net sales were $467.5 million in the fourth quarter of 2013 compared to net sales of $509.2 million for the 14-week quarter in 2012, and sales of $480.1 million for the comparable 13 weeks in 2012. Net income was $15.7 million, or $0.69 per diluted share, in the fourth quarter of 2013, compared to $19.1 million, or $0.80 per diluted share, the previous year. Adjusted net income was $21.8 million, or $0.96 per diluted share, compared to $24.3 million, or $1.02 per diluted share, the previous year. Operating income was $21.9 million, compared to $25.9 million in the fourth quarter of 2012. Adjusted operating income in the fourth quarter of 2013 was $31.3 million, and deleveraged 10 basis points to 6.7% of sales. Income before taxes was $22.0 million against $26.0 million reported last year. Net sales were $1,765.8 million for fiscal 2013. This compares to net sales of $1,809.5 million for 53-weeks in fiscal 2012, and sales of $1,783.4 million for the comparable 52 weeks in 2012. Net income was $53.0 million, or $2.32 per diluted share, compared to $63.2 million, or $2.61 per diluted share, the previous year. Adjusted net income was $74.4 million, or $3.26 per diluted share, compared to $78.8 million, or $3.25 per diluted share the previous year. Operating income was $76.3 million, compared to operating income of $89.7 million for the same time period last year. Adjusted operating income for fiscal 2013 was $110.4 million, and deleveraged 10 basis points to 6.3% of sales. Income before taxes was $76.5 million against $89.7 million reported last year. Net cash provided by operating activities was $173.5 million against $205.0 million reported last year. Adjusted net income per diluted share for the first quarter is expected to be between $0.58 and $0.66. This compares to adjusted net income per diluted share of $0.83 in the first quarter of 2013. This guidance assumes comparable retail sales will be in the range of negative 2% to 4%. For fiscal 2014, the company is forecasting adjusted net income per diluted share will be between $2.85 and $3.05. This compares to adjusted net income per diluted share of $3.26 in fiscal 2013. This guidance assumes comparable retail sales for the year will be in the range of flat to negative 1%. The company estimates foreign exchange will negatively impact adjusted net income per diluted share by approximately $0.03 in the first quarter and $0.12 for fiscal 2014 at current exchange rates. The company is planning to invest $80 million to $85 million in capital expenditures. The company expected another strong year of strong cash from operations in 2014. In 2014, the company plans to open approximately 35 stores and close 30, for a net of 5 additional stores in North America. Square footage is expected to remain comparable to 2013. In 2014, the company expects to double its international store count to 65-70, significantly increase e-Commerce business, grow wholesale business through existing and new partners, and improve the productivity of North American fleet. As part of this ongoing review, the company now expects to close a total of 125 underperforming stores through 2016, including the 41 stores which were closed in 2013. For the quarter, the company also reported asset impairment charges of $7.9 million compared to $0.2 million reported in the same period last year.

 

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PLCE

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Valuation PLCE Industry Range
Price/Earnings 21.0x
Price/Sales 0.6x
Price/Book 1.8x
Price/Cash Flow 9.1x
TEV/Sales 0.5x
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