-=The Children's Place (PLCE) reported earnings on Wed 21 Aug 2019 (b/o)

The Children's Place beats by $0.01, misses on revs; guides Q3 EPS below consensus, revs below consensus; guides FY20 EPS below consensus, revs below consensus 

Reports Q2 (Jul) earnings of $0.19 per share, excluding non-recurring items, $0.01 better than the S&P Capital IQ Consensus of $0.18; revenues fell 6.3% year/year to $420.5 mln vs the $428.28 mln S&P Capital IQ Consensus.

• comparable retail sales decrease of 3.8%
• Adjusted gross profit was $138.8 million in the three months ended August 3, 2019, compared to $154.8 million in the comparable period last year, and deleveraged 150 basis points to 33.0% of net sales, primarily as a result of the deleverage of fixed expenses resulting from the decline in comparable retail sales, and increased penetration of our ecommerce business, which operates at a lower gross margin rate. Merchandise margins decreased modestly, primarily as a result of traffic remaining difficult, which led to elevated promotional activity across the sector.

Co issues downside guidance for Q3, sees EPS of $2.90-3.05, excluding non-recurring items, vs. $3.50 S&P Capital IQ Consensus; sees Q3 revs of $530-535 mln vs. $535.13 mln S&P Capital IQ Consensus.

Co issues downside guidance for FY20, sees EPS of $5.40-5.75, excluding non-recurring items, vs. $6.17 S&P Capital IQ Consensus; sees FY20 revs of $1.91-1.925 bln vs. $1.94 bln S&P Capital IQ Consensus.

Earnings this week : Aug 19 - 23, 19 (wk 34)

Monday (Aug 19)

• Morning: EL  QIWI  SINA  WB
• Afternoon: BIDU FN IQ

Tuesday (Aug 20)
Morning: CMCM HD KSS MDT MSG PINC PLAB PPDF SDRL SE SFL TJX

• Afternoon: AMCR CREE JKHY LZB NDSN SCSC TOL URBN

Wednesday (Aug 21)

• Morning: ADI BZUN KLXE LOW MSGN PLCE   PDD  RY TGT VIOT
• Afternoon: HTHT JWN KEYS LB PSTG QADA SNPS  SPLK WUBA ZAYO

Thursday (Aug 22)

• Morning: BJ CM DKS FLWS FLY GSX  HMLP HRL TTC
• Afternoon: ATGE CRM GPS HPQ INTU ROST VMW

Friday (Aug 23) 

• Morning: BKE  FL HIBB

Notable earnings reports:

• Baidu (NASDAQ:BIDU) and Estee Lauder (NYSE:EL) on August 19; 
• Home Depot (HD), TJX Companies (NYSE:TJX), Toll Brothers (NYSE:TOL), Urban Outfitters (NASDAQ:URBN) and Kohl's (NYSE:KSS) on August 20; 
• Splunk (NASDAQ:SPLK), Target (NYSE:TGT), Nordstrom (NYSE:JWN), Lowe's (LOW) and Analog Devices (NASDAQ:ADI) on August 21; 
• Salesforce.com (NYSE:CRM), VMWare (NYSE:VMW), HP Inc. (NYSE:HPQ), Gap (NYSE:GPS) and Dick's Sporting Goods (NYSE:DKS) on August 22; 
• Foot Locker (NYSE:FL) on August 23.

-=The Children's Place (PLCE) reported earnings on Thur 6 Dec 18 (b/o)

The Children's Place reports EPS in-line, beats on revs; guides Q4 EPS below consensus, revs below consensus

• Reports Q3 (Oct) earnings of $3.07 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of $3.07; revenues rose 6.6% year/year to $522.5 mln vs the $511.19 mln S&P Capital IQ Consensus. This increase was primarily driven by a positive comparable retail sales increase of 9.5% and approximately $5.0 million due to the new revenue recognition rules, partially offset by an ~a $14.0 million adverse impact from the calendar shift related to the 53rd week in fiscal 2017. digital channels delivered a 38% increase, representing 29% of our net sales. 
• Co issues downside guidance for Q4, sees adj. EPS of $2.07-2.17 vs. $2.64 S&P Capital IQ Consensus; sees Q4 revs of $547-552 mln vs. $567.05 mln S&P Capital IQ Consensus. 
• "Moving on to Q4, due to stronger than anticipated digital demand in the back-half of 2018, we were forced to accelerate online access to our brick-and-mortar inventory and our ship from store fulfillment capabilities, resulting in an anticipated incremental fulfillment cost of $5 million, or $0.24 in EPS in Q4. These capabilities allow our digital customers to access our brick-and-mortar inventory, which helped fuel high teens growth in our digital channels over the extended Thanksgiving holiday weekend. We ended the month of November with comparable retail sales up low-single digits. Additionally, given recent competitor news*, our updated outlook also assumes the sales and margin impact of potentially significant liquidation events." *Gymboree reportedly closing half of its stores

Earnings this week : Dec 3 - 7, 18 (wk 49)

Earnings confirmed to report this week

Monday (Dec 3)    

• Morning: FNSR
• Afternoon:  COUP MESA RH SMAR

Tuesday (Dec 4)

• Morning:  AZO AVYA BMO BNED CONN DG DCI GMS HDS MOV SECO TOL
• Afternoon: ESTC GWRE HOME HPE HQY MDB MRVL OLLI  OL ZS

Wednesday (Dec 5)
Markets will be closed for the mourning of the 41st US President George H.W. Bush

• Morning: AEO BF.B GIII JW.A LE MOMO SCWX 
• Afternoon: CLDR FIVE GEF HRB KFY  OKTA SNPS  

Thursday (Dec 6)

• Morning:  DLTH GCO GIII HOME HOV HRB KFY KR LE MEI MIK MOMO PDCO PLCE SCWX SIG THO TTC VRNT
• Afternoon:  AOBC AVGO CMTL COO DOCU DOMO LULU SAIC ULTA UNFI ZUMZ

Friday (Dec 7)

• Morning: BIG MTN

=The Children's Place (PLCE) reported earnings on Thur 17 May 18 (b/o)

The Children's Place misses by $0.34, misses on revs; guides Q2 EPS above consensus; reaffirms FY19 EPS, revs, and comp guidance; Q1 comps -1.8% 

• Reports Q1 (Apr) earnings of $1.87 per share, excluding non-recurring items, $0.34 worse than the Capital IQ Consensus of $2.21; revenues fell 0.1% year/year to $436.3 mln vs the $443.78 mln Capital IQ Consensus. Comparable retail sales decreased (1.8%) in the first quarter of 2018.
• Co issues upside guidance for Q2, sees EPS of $0.51-0.61 vs. $0.18 Capital IQ Consensus Estimate.  Q2 guidance was based upon a high single digit comparable retail sales increase.
• Co reaffirms guidance for FY19, sees EPS of $7.95-8.20, excluding non-recurring items, vs. $8.16 Capital IQ Consensus Estimate; sees FY19 revs of $1.92-1.935 bln vs. $1.92 bln Capital IQ Consensus Estimate.  This guidance assumes a comparable retail sales increase of approximately 3.5% to 4.5%. The Company now expects adjusted operating margin to be in the range of 8.5% to 8.7%.

=The Children's Place (PLCE) reported earnings on Thur 18 May 17 (b/o)

The Children's Place beats by $0.31, beats on revs; guides Q2 & full year (PLCE) :

• Reports Q1 (Apr) earnings of $1.95 per share, $0.31 better than the Capital IQ Consensus of $1.64; revenues rose 4.1% year/year to $436.7 mln vs the $422.51 mln Capital IQ Consensus. 
  • Comparable retail sales increased 6.1% in the first quarter of 2017. 
• Co issues guidance for Q2, sees EPS of $0.70-0.75, inclusive of a $0.70 benefit resulting from new accounting rules for the income tax impact on share-based compensation, may not compare to $0.20 Capital IQ Consensus Estimate,
• Co issues guidance for FY18, sees EPS of $7.10-7.20, may not be comparable to $6.66 Capital IQ Consensus Estimate, inclusive of an $0.89 benefit resulting from new accounting rules for the income tax impact on share-based compensation. This compares to the company's previous guidance for adjusted net income per diluted share of $6.50 to $6.65, inclusive of a $0.45 benefit resulting from new accounting rules for the income tax impact on share-based compensation.
  • This guidance assumes an approximate 3.0% increase in comparable retail sales for the year.

=The Children's Place (PLCE) reported earnings on Wed 8 March 17 (b/o)

The Children's Place beats by $0.29, reports revs in-line; guides Q1 EPS in-line; guides FY18 EPS above consensus; announces new buyback and dividend increase :

• Reports Q4 (Jan) earnings of $1.88 per share, $0.29 better than the Capital IQ Consensus of $1.59; revenues rose 4.5% year/year to $520.8 mln vs the $522.13 mln Capital IQ Consensus.
  • Comparable retail sales increased 6.9% in the fourth quarter of 2016, on top of a positive 6.7% comp in the fourth quarter of 2015.
• Co issues in-line guidance for Q1, sees EPS of $1.45-1.55, excluding an $0.08 benefit resulting from new accounting rules for the income tax impact on share-based compensation, vs. $1.52 Capital IQ Consensus Estimate.
• Co issues upside guidance for FY18, sees EPS of $6.05-6.20, excluding a $0.45 benefit resulting from new accounting rules for the income tax impact on share-based compensation, vs. $5.85 Capital IQ Consensus Estimate.
• Since our fleet optimization initiative was announced in 2013, we have closed 142 stores. Today, we are extending our fleet optimization initiative from a target of 200 closures by the end of 2017 to a minimum of 300 closures by 2020.
• Authorized a new $250 million share repurchase program and increased the quarterly dividend by 100% from $0.20 per share to $0.40 per share.  

This week's biggest % winners & losers : Nov 14 - 18, 16 (wk 46)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare:QHC (6.98 +47.88%),ARA (24.1 +23.15%),CYH (5.78 +18.69%),RMTI(6.44 +17.73%),UAM (9.93 +17.65%),ARRY (7.91 +17.36%),SGRY (17.6 +16.94%)
• Industrials:CECE (12.85 +18.32%)
• Consumer Discretionary:MDCA (6.58 +41.4%), HAR (109.35 +24.76%), PLCE (100.1 +21.19%)
• Information Technology:AMD (8.74 +30.71%), MENT (36.5 +18.95%),CVT (35.97 +18.63%), NUAN (16.95 +18.2%),OCLR (9.85 +17.54%),TWLO (36.88 +16.86%)
• Energy: WNR (36.52 +28.91%),ANW (10.7 +25.88%),EPE (4.27 +17.96%)

This week's top 20 % losers

• Healthcare:DVAX (4.75 -59.05%),ELGX (7.69 -24.76%),EXAS (14.53 -17.82%),MNK(54.59 -17.17%),FLXN (18.29 -15.44%),PDLI (3.04 -15.08%),PBYI (43.25 -14.19%)
• Consumer Discretionary: SMRT (5.1 -25.11%),PLNT (20.01 -18.46%),GIII (27.08 -12.93%),GPS (25.61 -11.9%),EROS (15.95 -11.39%)
• Information Technology:GLOB (38.43 -13.66%),ELLI (82.26 -11.49%)
• Financials:FNBC (6.25 -24.24%),RSO (9.47 -22.19%),ONDK (4.81 -13.49%)
• Energy:OSG (7.86 -13.15%)
• Consumer Staples:BETR (9.84 -29.71%)
• Telecommunication Services:NIHD (1.8 -21.74%)

=The Children's Place (PLCE) reported earnings on Thur 11/17/16 (b/o)

The Children's Place beats by $0.27, beats on revs; guides Q4 EPS above consensus; Q3 comps +4.6% :

• Reports Q3 (Oct) earnings of $2.29 per share, excluding non-recurring items, $0.27 better than the Capital IQ Consensus of $2.02; revenues rose 3.9% year/year to $473.8 mln vs the $461.98 mln Capital IQ Consensus. Comparable retail sales increased 4.6%.
• Co issues upside guidance for Q4, sees EPS of $1.43-1.48, excluding non-recurring items, vs. $1.39 Capital IQ Consensus Estimate. The Company expects no impact on adjusted net income per diluted share in the quarter from currency exchange rate fluctuations
• Comps were positive in all three months and accelerated as the quarter progressed. Inventory decreased 0.6%. Gross profit was $483.7 mln in the first nine months of fiscal 2016, compared to $447.6 mln last year.
• Adjusted gross profit was $483.6 mln, or 38.2% of net sales, leveraging 170 basis points compared to last year. The Company closed 5 stores and opened 2 stores during the third quarter of 2016. The Company ended the third quarter with 1,061 stores and square footage of 4.961 mln, a decrease of 2.0% compared to the prior year.

=The Children's Place (PLCE) reported earnings on Tue 5/17/16 (b/o)

The Children's Place beats by $0.28, reports revs in-line; guides FY17 EPS above consensus :

• Reports Q1 (Apr) earnings of $1.32 per share, $0.28 better than the Capital IQ Consensus of $1.04; revenues rose 3.6% year/year to $419.4 mln vs the $417.56 mln Capital IQ Consensus. 
  • Comparable retail sales were positive 5.1%, on top of a positive 0.7% comp in the first quarter of 2015.
  • Comparable retail sales were positive in all three months of the quarter and were also positive across all divisions and channels.
  • Inventories were down 11% at quarter-end, on top of an 8% decrease in the first quarter of 2015
• Co issues upside guidance for FY17, sees EPS of $4.17-4.27 vs. $4.09 Capital IQ Consensus Estimate. This compares to the Company's previous guidance of $4.00 to $4.10 per diluted share and to adjusted net income per diluted share of $3.60 in fiscal 2015.
  • This guidance assumes a positive low single digit increase in comparable retail sales for the year (unchanged from prior comps guidance).
  • "We are raising our guidance for the full year, despite the challenging environment and continued weakness in store traffic. This guidance assumes a low single digit comp sales increase, expansion of gross margin and disciplined expense control."

=The Children's Place (PLCE) reported earnings on Tue 3/15/16 (b/o)

The Children's Place beats by $0.08, reports revs in-line; guides Q1 EPS above consensus; guides FY17 EPS above consensus; Q4 comps +6.7%; increases quarterly div to $0.20/share from $0.15/share  :

• Reports Q4 (Jan) earnings of $1.19 per share, $0.08 better than the Capital IQ Consensus of $1.11; revenues rose 4.0% year/year to $498.5 mln vs the $499.99 mln Capital IQ Consensus. Comparable retail sales increased 6.7% in the fourth quarter of 2015.
• Co issues upside guidance for Q1, sees EPS of $1.00-1.06 vs. $0.92 Capital IQ Consensus Estimate (inclusive of a $0.16 negative impact from foreign exchange)  This guidance assumes a positive low single digit increase in comparable retail sales for the year.
• Co issues upside guidance for FY17, sees EPS of $4.00-4.10 vs. $3.94 Capital IQ Consensus Estimate. (inclusive of an estimated $0.03 negative impact from foreign exchange).  "We achieved our long standing commitment to deliver on our transformation strategy in the back half of 2015. Looking ahead, we expect 2016 to be another strong year for The Children's Place. The first quarter is off to a strong start with comparable retail sales running positive 9.7% through the first 6 weeks."
• Board of Directors increased the quarterly dividend by 33 1/3% from $0.15 per share to $0.20 per share, payable on April 28, 2016 to shareholders of record at the close of business on April 7, 2016.

The Children's Place (PLCE) reported earnings Tue 8 Dec 2015 (before open)

** charts after earnings **

\

The Children's Place beats by $0.01, misses on revs, comparable retail sales -3%; guides Q4 EPS in-line (reaffirms FY16 EPS guidance); authorizes new $250 million stock repurchase program :

• Reports Q3 (Oct) earnings of $1.93 per share, excluding non-recurring items,$0.01 better than the Capital IQ Consensus of $1.92; revenues fell 6.4% year/year to $455.9 mln vs the $474.58 mln Capital IQ Consensus. Comparable retail sales decreased (3.0%) in the third quarter of 2015.
• Co sees Q4 EPS of $0.93-1.03, inclusive of an estimated ($0.03) negative impact from foreign exchange, vs. $0.99 Capital IQ Consensus Estimate. This guidance assumes that comparable retail sales for the fourth quarter will increase low single digits.
• Co reaffirms guidance for FY16, sees EPS of $3.35-3.45, inclusive of a ($0.14) negative impact from foreign exchange, vs. $3.40 Capital IQ Consensus Estimate.  This guidance assumes that comparable retail sales for the year will be slightly negative compared to fiscal 2014.
• "Comparable retail sales are running positive 4.5% quarter to date, representing approximately 50% of our planned sales volume for the fourth quarter. Our quarter to date results are being driven by increases in key retail selling metrics despite continued weakness in traffic."