What's Going On With Children's Place Stock Today?
What's Going On With Children's Place Stock Today?
Brick-and-mortar revenue decreased due to a lower store count. Comparable retail sales dropped by 8.9% for the six-week period. A reduction in e-commerce sales largely drove this decline, as the company took steps to improve profitability by scaling back unprofitable promotional strategies, Children's Place said in a press release.Children's Place, Inc. (NASDAQ:PLCE) shares are trading higher on Tuesday following the announcement of preliminary partial fourth-quarter results for the six-week period from November 3 to December 14, 2024. The company reported a 3.4% increase in net sales year-over-year.
兒童之家公司（納斯達克：PLCE）的股票在週二交易上漲，此前該公司公佈了2024年11月3日至12月14日六週期間的初步部分第四季度業績。該公司報告淨銷售額同比增長3.4%。
This uptick also represents a positive shift compared to the year-to-date performance seen during the third quarter of fiscal 2024.
這種上漲也表示與2024財年第三季度年初至今的表現相比有所積極轉變。
However, while overall net sales showed growth, the company experienced challenges in specific sales channels.
然而，儘管整體淨銷售額顯示增長，但公司在特定銷售渠道面臨挑戰。
Brick-and-mortar revenue decreased due to a lower store count. Comparable retail sales dropped by 8.9% for the six-week period. A reduction in e-commerce sales largely drove this decline, as the company took steps to improve profitability by scaling back unprofitable promotional strategies, Children's Place said in a press release.
實體店營業收入因店鋪數量減少而下降。在六週期間，同店零售銷售下降了8.9%。此下降主要是由於電子商務銷售減少，公司採取措施通過削減無利可圖的促銷策略來提升盈利能力，兒童之家在新聞稿中表示。
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On a positive note, wholesale revenue increased, helping to offset declines in other areas.
值得注意的是，批發營業收入有所增加，幫助抵消其他領域的下降。
It's important to note that these preliminary results are unaudited and subject to change, as they reflect only part of the fourth quarter's performance, the company said.
需要注意的是，這些初步結果未經審計，並可能會發生變化，因爲它們僅反映第四季度表現的一部分，公司表示。
Earlier this month, the company declared third-quarter results where net sales decreased 18.8% to $390.2 million.
本月早些時候，公司公佈了第三季度業績，淨銷售額下降了18.8%，降至39020萬。
In the third quarter, comparable retail sales decreased 17.1% largely driven by the planned decrease in e-commerce revenue, as the company proactively sacrificed unprofitable sales to improve profitability.
在第三季度，可比零售銷售額下降了17.1%，這主要是由於公司計劃減少電子商務營業收入，主動放棄了不盈利的銷售以提高盈利能力。
Price Action: PLCE shares are trading higher by 6.37% to $11.61 at last check Tuesday.
價格動態：根據最新消息，PLCE的股票上漲了6.37%，達到11.61美元。
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譯文內容由第三人軟體翻譯。
