Q4 Earnings Roundup: Children's Place (NASDAQ:PLCE) And The Rest Of The Apparel Retailer Segment

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at apparel retailer stocks, starting with Children's Place (NASDAQ:PLCE).

Apparel sales are not driven so much by personal needs but by seasons, trends, and innovation, and over the last few decades, the category has shifted meaningfully online. Retailers that once only had brick-and-mortar stores are responding with omnichannel presences. The online shopping experience continues to improve and retail foot traffic in places like shopping malls continues to stall, so the evolution of clothing sellers marches on.

The 10 apparel retailer stocks we track reported a satisfactory Q4. As a group, revenues were in line with analysts’ consensus estimates while next quarter’s revenue guidance was 2.1% below.

While some apparel retailer stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.6% since the latest earnings results.

Children's Place (NASDAQ:PLCE)

Children's Place reported revenues of $455 million, flat year on year. This print was in line with analysts’ expectations, but overall, it was a softer quarter for the company with a significant miss of analysts’ EBITDA and gross margin estimates.

Unsurprisingly, the stock is down 36.7% since reporting and currently trades at $10.23.

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Best Q4: Urban Outfitters (NASDAQ:URBN)

Urban Outfitters reported revenues of $1.36 billion, up 6.3% year on year, outperforming analysts’ expectations by 1.7%. The business had an exceptional quarter with a solid beat of analysts’ gross margin estimates and an impressive beat of analysts’ EBITDA estimates.

The market seems happy with the results as the stock is up 41.4% since reporting. It currently trades at $56.74.

Weakest Q4: Torrid (NYSE:CURV)

Torrid reported revenues of $263.8 million, down 4.2% year on year, falling short of analysts’ expectations by 6.6%. It was a disappointing quarter as it posted full-year EBITDA guidance missing analysts’ expectations.

Torrid delivered the weakest performance against analyst estimates and weakest full-year guidance update in the group. Interestingly, the stock is up 38.4% since the results and currently trades at $6.41.

Abercrombie and Fitch (NYSE:ANF)

Abercrombie and Fitch reported revenues of $1.21 billion, up 14.4% year on year. This print surpassed analysts’ expectations by 2.1%. Overall, it was a very strong quarter as it also put up an impressive beat of analysts’ EBITDA estimates and a decent beat of analysts’ EPS estimates.

Abercrombie and Fitch achieved the fastest revenue growth among its peers. The stock is down 24.8% since reporting and currently trades at $116.33.

Lululemon (NASDAQ:LULU)

Lululemon reported revenues of $2.40 billion, up 8.7% year on year. This result topped analysts’ expectations by 1.6%. It was a satisfactory quarter as it also recorded an impressive beat of analysts’ EBITDA estimates.

Lululemon pulled off the highest full-year guidance raise among its peers. The stock is up 15.6% since reporting and currently trades at $398.80.

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This content was originally published on Stock Story