Financial Wire

Children's Place Fiscal Q4 Adjusted Loss Widens, Revenue Falls; Shares Drop After Hours

Children's Place (PLCE) reported a fiscal Q4 adjusted loss late Friday of $1.86 per diluted share, widening from the loss of $0.75 a year earlier.One analyst polled by FactSet expected a loss of $0.96.Revenue in the three months ended Jan. 31 fell to $329.2 million from $408.6 million a year earlier.One analyst surveyed by FactSet expected $358.3 million.Children's Place shares fell 19% in after-hours trading.

-- Children's Place (PLCE) reported a fiscal Q4 adjusted loss late Friday of $1.86 per diluted share, widening from the loss of $0.75 a year earlier.

One analyst polled by FactSet expected a loss of $0.96.

Revenue in the three months ended Jan. 31 fell to $329.2 million from $408.6 million a year earlier.

One analyst surveyed by FactSet expected $358.3 million.

Children's Place shares fell 19% in after-hours trading.