Childrens Place Retail Stores Inc The News

The Children's Place Retail Stores Inc. the largest pure-play children's specialty apparel retailer in North America, announced net sales increased 2% to $438.5 million for the thirteen weeks ended April 28, 2012, compared to $430.8 million in the first quarter of fiscal 2011.

Children's Place Retail Stores, Inc. is popping after the company said it sees significantly lower product costs for back-to-school. In other good news, the turnaround in Canada has begun and execs expect sales continuing to improve sequentially in the back half of the year.

Children's Place Retail Stores Inc is cutting costs to prop up its profit, as the kids clothes seller discounts heavily to attract bargain-hungry shoppers in a highly competitive market.

On Thursday, Children's Place Retail Stores, Inc. reported its first quarter earnings and discussed the following topics in its earnings conference call.

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US: Children's Place names Baginski CFO Children's clothing retailer The Children's Place Retail Stores has today appointed Steven Baginski as chief financial officer.

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Charlie McGuigan, CEO of Limited Brands' sourcing and production arm Mast Global, has today been promoted to COO of Limited Brands.

The firm currently has a $47.00 target price on the company's shares. Shares of Children's Place Retail Stores traded up 2.02% during mid-day trading on Tuesday, hitting $46.91. Children's Place Retail Stores has a one year low of $36.96 and a one year high of $57.55. The company has a market cap of $1.149 billion and a P/E ratio of 15.28. The ... (more)

The Children's Place Retail Stores, Inc. today announced that in conjunction with the release of its first quarter 2012 financial results, you are invited to listen to the Company's live conference call on Thursday, May 17, 2012, beginning at 8:00 a.m. Eastern Time.