Press release from GlobeNewswire (a Nasdaq OMX company)
The Children's Place Announces Participation in the Telsey Advisory Group's 5th Annual Spring Consumer Conference
Thursday, March 28, 2013
The Children's Place Announces Participation in the Telsey Advisory Group's 5th Annual Spring Consumer Conference08:00 EDT Thursday, March 28, 2013
SECAUCUS, N.J., March 28, 2013 (GLOBE NEWSWIRE) -- The Children's Place Retail Stores, Inc. (Nasdaq:PLCE), the largest pure-play children's specialty apparel retailer in North America, today announced that Michael Scarpa, Executive Vice President and Chief Financial Officer, will present at the Telsey Advisory Group's 5th Annual Spring Consumer Conference being held at The InterContinental Hotel NY Times Square on Tuesday, April 9, 2013 at 10:55 a.m. Eastern Time.
Investors and interested parties may listen to the live webcast of this presentation at http://investor.childrensplace.com. An archived replay will be available one hour after the conclusion of the live event and will remain available for replay through Tuesday, April 16, 2013.
About The Children's Place Retail Stores, Inc.
The Children's Place is the largest pure-play children's specialty apparel retailer in North America. The Company designs, contracts to manufacture and sells fashionable, high-quality merchandise at value prices, primarily under the proprietary "The Children's Place" brand name. As of February 2, 2013, the Company operated 1,095 stores and an online store at www.childrensplace.com.
The above referenced presentation may contain certain forward-looking statements regarding future circumstances, including statements relating to the Company's positioning, and forecasts regarding store openings and earnings per diluted share. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. Some of these risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission, including in the "Risk Factors" section of its annual report on Form 10-K for the fiscal year ended January 28, 2012. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Company's business and its dependence on consumer spending patterns, which may be affected by the continued weakness in the economy or by other factors such as increases in the cost of gasoline and food, the risk that the cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases, and the uncertainty of weather patterns. Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made. The Company undertakes no obligation to publicly release any revision to these forward-looking statements to reflect subsequent events or circumstances.
CONTACT: Jane Singer Vice President, Investor Relations (201) 453-6955