Overview
Children's retailer's fiscal Q3 net sales fell 13% yr/yr due to e-commerce challenges
Company opened five new stores in Q3, plans further expansion
Company completed refinancing to improve liquidity and support growth strategies
Outlook
Children's Place plans 15-20 new stores in H1 fiscal 2026
Company expects $25-30 mln tariff impact in H1 fiscal 2026
Result Drivers
E-COMMERCE CHALLENGES - Co cited volatility in e-commerce business as a major factor in Q3 sales decline
NEW STORE PERFORMANCE - New stores outperformed existing ones, driving 2% growth in comparable sales
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Sales | $339.50 mln | ||
Q3 Adjusted EPS | -$0.18 | ||
Q3 EPS | -$0.19 | ||
Q3 Adjusted Net Income | -$4 mln | ||
Q3 Net Income | -$4.30 mln |
Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the apparel & accessories retailers peer group is "buy."
Wall Street's median 12-month price target for Children's Place Inc is $8.00, about 10.5% above its December 15 closing price of $7.24
Press Release: ID:nGNX8r7mjK
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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