SECAUCUS, N.J., March 02, 2021 (Globe NEWSWIRE) — The Children’s Put, Inc. (Nasdaq: PLCE) now introduced that, in conjunction with the launch of its fourth quarter and comprehensive year 2020 monetary outcomes, you are invited to hear to the Company’s convention phone on Tuesday, March 9, 2021, beginning at 8:00 a.m. Jap Time.
To obtain the webcast, check out http://investor.childrensplace.com. An archive of the webcast can be accessed two hrs following the are living get in touch with has concluded.
About The Children’s Area
The Children’s Location is the biggest pure-perform children’s specialty clothing retailer in North The usa. The Organization styles, contracts to manufacture, sells at retail and wholesale, and licenses to offer modern, substantial-high-quality products predominantly at value selling prices, generally beneath the proprietary “The Children’s Place”, “Place”, “Baby Place”, and “Gymboree” brand names. As of Oct 31, 2020, the Corporation experienced 809 retailers in the United States, Canada, and Puerto Rico, on line suppliers at www.childrensplace.com and www.gymboree.com, and the Company’s 8 worldwide franchise associates experienced 252 intercontinental details of distribution in 19 nations.
Ahead Hunting Statements
This press launch incorporates or may possibly incorporate forward-looking statements built pursuant to the harmless harbor provisions of the Private Securities Litigation Reform Act of 1995, such as but not confined to statements relating to the Company’s strategic initiatives and adjusted net income per diluted share. Forward-looking statements generally are determined by use of phrases these types of as “may,” “will,” “should,” “plan,” “project,” “expect,” “anticipate,” “estimate” and equivalent terms, while some forward-looking statements are expressed otherwise. These ahead-searching statements are based mostly on the Company’s latest expectations and assumptions and are matter to many hazards and uncertainties that could lead to actual effects and functionality to vary materially. Some of these dangers and uncertainties are explained in the Company’s filings with the Securities and Exchange Fee, together with in the “Risk Factors” portion of its annual report on Sort 10-K for the fiscal 12 months ended February 1, 2020 and supplemented by the “Risk Factors” sections of its quarterly reviews on Kind 10-Q for the fiscal quarter finished Might 2, 2020 and the fiscal quarter ended August 1, 2020. Bundled between the dangers and uncertainties that could trigger true final results and efficiency to vary materially are the hazard that the Firm will be unsuccessful in gauging vogue trends and shifting buyer tastes, the dangers resulting from the really aggressive character of the Company’s business and its dependence on shopper expending styles, which might be afflicted by alterations in economic situations, the pitfalls relevant to the COVID-19 pandemic, which include the effects of the COVID-19 pandemic on our enterprise or the economic system in common (which includes diminished customer targeted visitors, schools adopting distant and hybrid studying types, closures of organizations and other activities creating decreased desire for our solutions and destructive impacts on our customers’ shelling out patterns owing to reduced earnings or genuine or perceived wealth, and the impact of the CARES Act and other legislation similar to the COVID-19 pandemic, and any alterations to the CARES Act or such other laws), the possibility that the Company’s strategic initiatives to increase profits and margin are delayed or do not result in expected improvements, the hazard of delays, interruptions and disruptions in the Company’s worldwide source chain, together with ensuing from COVID-19 or other sickness outbreaks, or overseas sources of provide in significantly less produced nations around the world or much more politically unstable countries, the threat that the expense of raw supplies or vitality price ranges will maximize over and above current anticipations or that the Firm is not able to offset price raises by means of price engineering or value raises, many types of litigation, such as course motion litigations brought below buyer protection, employment, and privateness and info safety guidelines and laws, the imposition of laws impacting the importation of foreign-developed items, like responsibilities and tariffs, and the uncertainty of temperature designs. Visitors are cautioned not to put undue reliance on these ahead-wanting statements, which discuss only as of the date they had been made. The Company undertakes no obligation to launch publicly any revisions to these forward-wanting statements that may perhaps be built to replicate functions or instances following the day hereof or to replicate the prevalence of unanticipated events.
Contact: Investor Relations (201) 558-2400 ext. 14500
