The Children's Place: Fiscal Q1 Earnings Snapshot

SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — The Children's Place Retail Stores Inc. (PLCE) on Wednesday reported a loss of $28.8 million in its fiscal first quarter.

The Secaucus, New Jersey-based company said it had a loss of $2.33 per share. Losses, adjusted for one-time gains and costs, were $2 per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.77 per share.

The children's clothing and accessories chain posted revenue of $321.6 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $338.3 million.

For the current quarter ending in July, The Children's Place expects its results to range from a loss of $2.20 per share to a loss of $2.15 per share.

The company said it expects revenue in the range of $340 million to $345 million for the fiscal second quarter.

The Children's Place expects full-year earnings in the range of $1 to $1.50 per share, with revenue ranging from $1.58 billion to $1.59 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLCE at https://www.zacks.com/ap/PLCE