The Children's Place, Inc. PLCE

75% that they will report today.

Low trading volumes only sellers… buyers waiting for the ER.
It will jump soon with extremely high volumes.

ER not today…
The good thing is that we do see a shift in short term options trading with more CALL options opened for ST trading.
ER tomorrow or max Thursday. We will see improved GM. Q1 sales are seasonally lower (~300 million) so no big expectation there.
If they keep the annual guidance at 1.6-1.7B$ with good GM it will explode!

50% they will report today.

ER not today. Either Tuesday, Wednesday or Thursday. Friday is holiday for the Saudis.
They will also report Q1 sales which end on May 4th… so they will have 98% of the actual sales.
More important is the GM and whether now with lower cotton and freight the can return to the high 30’s. If they do it is a new ballgame.

After the bought the 54% holdings, the Saudis decided to infuse $78 million loan and then another $90 million in LT loans. They have access to much more information than we have. They are not stupid. We will learn more next week when issue the ER.

Not today… next week it will be released. They can announce by Friday May 3rd.

Updated availability will be more than $100 million which is more than sufficient to support the business by 2025.

The bank took advantage on the technical default due to the change in ownership… and forced the Saudis to repay the term loan and also to infuse additional subordinated loans.
This is very good for the company.

ER is probably due tomorrow. Anyway the latest is May 3nd.