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Fri, 26 Apr 2024 13:35:06 +0000 |
Down -40.64% in 4 Weeks, Here's Why You Should You Buy the Dip in The Children's Place (PLCE)
The Children's Place (PLCE) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
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Wed, 17 Apr 2024 15:14:44 +0000 |
Why Is Children's Place (PLCE) Stock Rocketing Higher Today
Shares of kid’s apparel and accessories retailer The Children’s Place (NASDAQ:PLCE) jumped 51.5% in the pre-market session after the company announced a new financing agreement with its majority shareholder, Mithaq Capital, for an unsecured and subordinated $90 million term loan. In February 2024, Bloomberg reported that the company hired Centerview Partners to improve its cash reserves "amid a difficult environment for retailers." Given the improved cash position, investors' optimism toward the
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Wed, 17 Apr 2024 12:00:00 +0000 |
The Children’s Place Announces $90 Million in New Unsecured Financing Provided by Majority Shareholder Mithaq Capital
Upon Funding, a Waiver of the Event of Default Triggered by the Change in Control Will Be GrantedSECAUCUS, N.J., April 17, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced that it has entered into a new financing agreement with its majority shareholder, Mithaq Capital SPC (“Mithaq”), for an unsecured and subordinated $90 million term loan, to be funded no late
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Wed, 10 Apr 2024 12:40:43 +0000 |
Q4 Rundown: Abercrombie and Fitch (NYSE:ANF) Vs Other Apparel Retailer Stocks
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Abercrombie and Fitch (NYSE:ANF) and the best and worst performers in the apparel retailer industry.
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Wed, 03 Apr 2024 18:30:00 +0000 |
Judge Dismisses PFAS Lawsuit Against The Children’s Place
The kids apparel retailer has skirted a suit related to its alleged use of forever chemicals in school uniforms and other products.
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Fri, 15 Mar 2024 11:40:03 +0000 |
Hibbett (HIBB) Lags Q4 Earnings and Revenue Estimates
Hibbett (HIBB) delivered earnings and revenue surprises of -0.39% and 2.10%, respectively, for the quarter ended January 2024. Do the numbers hold clues to what lies ahead for the stock?
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Thu, 14 Mar 2024 14:00:08 +0000 |
Will The Children's Place (PLCE) Report Negative Q4 Earnings? What You Should Know
The Children's Place (PLCE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Mon, 11 Mar 2024 12:00:00 +0000 |
The Children's Place Announces Receipt of the $48.6 Million Second Tranche of the Previously Announced Interest-Free Unsecured Financing Provided by Mithaq Capital
Company Completes Previously Announced Board Reconstitution;Douglas Edwards Expected to Serve as New Independent Director SECAUCUS, N.J., March 11, 2024 (GLOBE NEWSWIRE) -- —The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced that it has received from its majority shareholder, Mithaq Capital SPC (“Mithaq”), the second tranche of interest-free, unsecured and subordinated term loan funding
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Thu, 07 Mar 2024 16:01:44 +0000 |
Mithaq Capital’s Loans to The Children’s Place Secures BTS Season
In addition to providing financing to The Children's Place, Mithaq Capital's nominees will constitute the majority of the board's directors.
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Fri, 01 Mar 2024 12:42:00 +0000 |
New majority-stake owners of The Children’s Place come through with funds, shake up board
Saudi investment firm Mithaq Capital is providing $78.6 million in interest-free, unsecured and subordinated term loans, starting Thursday.
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Thu, 29 Feb 2024 13:00:00 +0000 |
The Children's Place Announces $78.6 Million of Interest-Free Unsecured New Financing to be Provided by Mithaq Capital and the Appointment of Four New Directors
Proceeds of the New Financing from the Company’s Majority Shareholder to Be Used to Support Operations, Including Vendor and Service Provider Payments Four New Mithaq Nominees Appointed to the Board, with Turki Saleh A. AlRajhi Named Chairman-Elect During Transition Period Company Expects to Close Previously Announced $130 Million Term Loan in March 2024; Continues to Explore Alternative Financing on No Less Favorable Terms SECAUCUS, N.J., Feb. 29, 2024 (GLOBE NEWSWIRE) -- The Children’s Place,
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Fri, 16 Feb 2024 19:23:07 +0000 |
Children's Place eyes $130 mln in new debt after Saudi family swoop
Gordon Brothers Group, a firm that specializes in liquidating brick-and-mortar retailers, has provided a term sheet for the loan that is subject to due diligence and other conditions, The Children's Place said. Mithaq did not respond to a request for comment on its interest in The Children's Place, which has suffered as consumers turn to online stores and general retailers such as Target and Gap for children's apparel. Mithaq swooped in after The Children's Place announced on Feb. 9 it swung into an operating loss in the fourth quarter of 2023, triggering a 58% drop in its shares.
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Fri, 16 Feb 2024 13:00:00 +0000 |
The Company Announces That It Has Entered Into a Non-Binding Term Sheet for $130 Million Term Loan
SECAUCUS, N.J., Feb. 16, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced that it has entered into a non-binding term sheet with 1903P Loan Agent, LLC (“Gordon Brothers”), as Lender, Administrative Agent and Collateral Agent, (the “Term Sheet”), for a $130 million term loan (the “Term Loan”). Additional details concerning the Term Sheet, certain of the expecte
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Thu, 15 Feb 2024 12:39:00 +0000 |
The Children’s Place may get a reprieve as investor takes majority stake
Mithaq Capital has taken a 54% share, will nominate 11 people to the apparel retailer's board, and has offered to help shore up its liquidity.
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Thu, 15 Feb 2024 11:30:00 +0000 |
The Children’s Place Provides Shareholder Update
SECAUCUS, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced that it has received correspondence from Snowball Compounding Ltd. and parties related to Mithaq Capital (“Mithaq”) notifying the Company that they own approximately 54% of the Company’s outstanding shares of common stock and intend to nominate 11 persons to stand for election to The Chi
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Tue, 13 Feb 2024 11:46:18 +0000 |
The Children's Place, Inc.'s (NASDAQ:PLCE) Intrinsic Value Is Potentially 76% Above Its Share Price
Key Insights The projected fair value for Children's Place is US$28.78 based on 2 Stage Free Cash Flow to Equity...
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Mon, 12 Feb 2024 13:16:00 +0000 |
The Children's Place (PLCE) Stock Plunges on Q4 Sales Concerns
The Children's Place (PLCE) is actively pursuing measures to enhance its inventory position and bolster financial liquidity.
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Mon, 12 Feb 2024 11:57:00 +0000 |
The Children’s Place scrambles to shore up liquidity, mulls ‘strategic alternatives’
The specialty retailer has retreated from the mall somewhat and boosted e-commerce, but its declines are poised to continue, analysts say.
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Fri, 09 Feb 2024 17:34:02 +0000 |
Why The Children's Place Stock Just Crashed 52%
The Children's Place's Q4 earnings will be bad -- and investors must wait another month to find out how bad.
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Fri, 09 Feb 2024 11:30:00 +0000 |
The Children's Place Announces Preliminary Unaudited Results for the Fourth Quarter 2023
Company Working with Advisors and Lenders to Obtain New Financing and Assess Other ActionsSECAUCUS, N.J., Feb. 09, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced preliminary unaudited results for the fourth quarter of fiscal 2023. Preliminary Unaudited Results for the Fourth Quarter 2023While the results are preliminary and subject to the Company’s detailed
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