Chopped & Screwed: Barington Capital Letter To Children's Place

Chopped & Screwed: Barington Capital Letter To Children's Place via Stock Pucker

Barington Capital has taken a liking to the children’s apparel retailer The Children’s Place. They forwarded a lengthy 3,200-word letter to the company. In it, Barington lays out the case that PLCE trades at a hefty discount to its peers given the lackluster performance under current CEO Jane Elfers. But Barington also notes that there are various ways to improve performance, including boosting margins, improved inventory management and capital allocation. But Barington also believes there’s a number of buyers that could snatch up PLCE.

Below is our chopped & screwed version:

Barington Capital and Macellum Advisors owns two percent of The Children’s Place. It’s an attractive...