Childrens place reports q1 loss per share of $7.86

The children’s place reports first quarter 2020 results.q1 adjusted loss per share $1.96.q1 loss per share $7.86.q1 sales $255.2 million versus refinitiv ibes estimate of $270.6 million.q1 earnings per share estimate $-2.14 -- refinitiv ibes data.targets 300 additional store closures; 200 in fiscal 2020; 100 in fiscal 2021.children's place started reopening stores on may 19, 2020 in 10 states.as of june 8, 2020, children's place had 61 stores open to public in u.s. and canada..as a result of continued uncertainty regarding covid-19 pandemic, company is not providing fiscal 2020 financial guidance..childrens place - not providing comparable retail sales metrics at this time given impact on current business environment due to number of store closures.
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