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The Children's Place, Inc. Message Board

  • jmmjm jmmjm Mar 10, 1998 9:09 AM Flag

    earnings

    Net sales for the past quarter were 65 million versus 47 million for same quarter last year, yet earnings were only .17 vs 1.12. I don't understand this. Can another shareholder or management explain this to me.

    I am tired of company management patting itself on the back, and showing no results.

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    • I think today's action shows that the negative earnings were anticipated. The key in this growing retail venture is that sales apparently were very strong even in a so so retail environment.

      This is a new and growing company and it is important that they expand and show the kind of growth anticipated in the IPO. The strength shows that buyers will come in and push this company so this should be a good opportunity to jump in.

 
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