Children's Place's Sales, Margins Expected to Remain Under Pressure, UBS Says
MT newswire2026/09/15 16:08Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
12:08 PM EDT, 09/15/2026 (MT Newswires) -- Children's Place's (PLCE) sales and margins are expected to remain under pressure, UBS analysts said in a Tuesday note. Analysts said they are cautious on the pace of the company's earnings per share recovery, but note that lower inventory, improved cash use, and potential for further cost savings offset some of its weak operating trends. UBS said that the company's Q2 results faced challenges, as sales declined 19% due to weaker direct-to-consumer demand and lower wholesale shipments. Analysts said that while the company noted improvements in August traffic and rebuilding of wholesale inventories, they are waiting to see if the stabilization is sustainable. UBS has a neutral rating and a $3.25 price target on the stock. Price: 1.99, Change: -0.48, Percent Change: -19.43
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Etsy Could Meet High End of GMS Guidance Amid AI Search, Product Improvements, Oppenheimer Says in Upgrade
MT newswire•2026/09/15 16:44
Metalshub, Hindalco launch digital bidding process for spot alumina sales
Mining.com•2026/09/15 16:39
How To Find 100X Crypto Presales To Buy Right Now: Is MemeToro The Best Memecoin Presale To Buy Right Now?
BitcoinSistemi•2026/09/15 16:39
Wells Fargo Expects More Headcount Reductions from AI -- Market Talk
Dow Jones•2026/09/15 16:39
Crypto prices
MoreBitcoin
BTC
$76,434.83
-3.03%
Ethereum
ETH
$2,423.69
-4.37%
Tether USDt
USDT
$0.9994
-0.04%
BNB
BNB
$718.25
-0.74%
XRP
XRP
$1.39
-2.22%
USDC
USDC
$0.9999
-0.01%
Solana
SOL
$99.19
-3.41%
TRON
TRX
$0.3356
-1.78%
Hyperliquid
HYPE
$77.18
-4.55%
Zcash
ZEC
$1,120.36
-2.18%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now