The Children's Place, Inc. (NASDAQ:PLCE) Q1 2019 Earnings Conference Call Transcript

May 15, 2019 • 08:00 am ET

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The Children's Place, Inc. (NASDAQ:PLCE) Q1 2019 Earnings Conference Call Transcript

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Presentation
Executive
Mike Scarpa

holiday selling season in Q4 of '19 could be adversely impacted by approximately $5 million or 1% of sales from six less shopping days between Thanksgiving and Christmas in 2019.

I will now turn it back to Jane for closing remarks.

Executive
Jane Elfers

Thanks, Mike. Several years ago, we developed a multi-pronged strategy to position the company to successfully compete in a period of rapid digital change. Fast forward to today, we're a global omni-channel retailer with a best-in-class management team. Our product offering is consistently well received. Our real estate portfolio is optimized. Our digital investments have been accelerated to position us to continue to capture market share and our diversified sourcing strategy provides us with a key competitive advantage. The successful execution of these strategic initiatives has uniquely positioned us to succeed during a period of digital disruption and unprecedented industry consolidation. We look forward to continuing to deliver for our shareholders in 2019 and beyond.

At this point, we'll open up the call to your questions.