Children’s Place reports Q4 adjusted EPS ($7.38), consensus ($1.66)

Reports Q4 revenue $455M, consensus $459.32M. The company said, “The decrease in net sales compared to the fourth quarter 2022 was primarily due to reductions in retail sales due to lower store count and traffic declines to stores partially offset by continued strength in e-commerce. Comparable retail sales increased 4.8% for the quarter.”