Shares of The Children's Place, Inc. PLCEhave declined 9.2% since it reported first-quarter fiscal 2018 earnings results on May 17. The company not only missed the Zacks Consensus Estimate on both earnings and revenue fronts but also witnessed a year-over-year decline in the bottom line. A decrease in comparable retail sales, along with the contraction in margins, also hurt investors’ sentiments.
Children's Place Stock Falls Since Q1 Earnings: Here's Why
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