The Children's Place, Inc.

Equities

PLCE

US1689051076

Apparel & Accessories Retailers

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-10 pm EDT			5-day change	1st Jan Change
10.99 ^USD	-2.74%		+41.26%	-52.67%

May. 07	Telsey Advisory Adjusts Price Target on Children's Place to $9 From $13, Maintains Market Perform Rating	MT
May. 06	Earnings Flash (PLCE) THE CHILDREN'S PLACE Posts Q4 Revenue $455M	MT

The Children's Place, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 29, 2023

August 17, 2023 at 07:00 am EDT

The Children's Place, Inc. reported earnings results for the second quarter and six months ended July 29, 2023. For the second quarter, the company reported sales was USD 345.6 million compared to USD 380.89 million a year ago. Net loss was USD 35.36 million compared to USD 13.3 million a year ago. Basic loss per share from continuing operations was USD 2.82 compared to USD 1.01 a year ago. Diluted loss per share from continuing operations was USD 2.82 compared to USD 1.01 a year ago.
For the six months, sales was USD 667.24 million compared to USD 743.24 million a year ago. Net loss was USD 64.19 million compared to net income of USD 6.53 million a year ago. Basic loss per share from continuing operations was USD 5.16 compared to basic earnings per share from continuing operations of USD 0.49 a year ago. Diluted loss per share from continuing operations was USD 5.16 compared to diluted earnings per share from continuing operations of USD 0.48 a year ago.

Latest news about The Children's Place, Inc.

Telsey Advisory Adjusts Price Target on Children's Place to $9 From $13, Maintains Market Perform Rating	May. 07	MT
Earnings Flash (PLCE) THE CHILDREN'S PLACE Posts Q4 Revenue $455M	May. 06	MT
The Children's Place, Inc. Reports Earnings Results for the Full Year Ended February 03, 2024	May. 06	CI
B. Riley Upgrades Children's Place to Neutral From Sell, Says Risk of Imminent Bankruptcy Likely Removed After Credit Funding; Adjusts PT to $7 From $12	Apr. 24	MT
The Children's Place, Inc. announced that it has received $90 million in funding	Apr. 17	CI
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading	Apr. 17	MT
Sector Update: Consumer Stocks Mixed in Afternoon Trading	Apr. 17	MT
Children's Place Gets $90 Million Loan From Majority Shareholder Mithaq -- Shares Jump Pre-Bell	Apr. 17	MT
The Children?s Place, Inc. Announces $90 Million in New Unsecured Financing Provided by Mithaq Capital SPC	Apr. 17	CI
The Children's Place, Inc. announced that it has received $78.6 million in funding	Apr. 16	CI
The Children's Place, Inc. announced that it expects to receive $90 million in funding	Apr. 16	CI
Softline Retail Stocks Face 'Modestly Bullish' Near-Term Outlook, UBS Says	Mar. 25	MT
The Children's Place Announces Receipt of the $48.6 Million Second Tranche of the Previously Announced Interest-Free Unsecured Financing Provided by Mithaq Capital	Mar. 11	CI
The Children's Place, Inc. Announces Executive Changes	Mar. 11	CI
The Children's Place, Inc. Urged to Join Class Action - Contact the Gross Law Firm to Learn More	Mar. 07	CI
The Children?s Place, Inc. Enters into an Interest-Free Unsecured Promissory Note with Mithaq Capital SPC	Mar. 04	CI
The Children?s Place Enters into Letter Agreement with Mithaq Capital	Mar. 04	CI
The Children's Place Announces Board Changes	Feb. 29	CI
The Children's Place, Inc. announced that it expects to receive $130 million in funding	Feb. 28	CI
B. Riley Adjusts Children's Place's Price Target to $12 From $4, Maintains Sell Rating	Feb. 26	MT
Snowball Compounding and Mithaq Capital Nominate Candidates to the Board of The Children's Place	Feb. 16	CI
Snowball Compounding and Mithaq Capital Deliver a Letter to The Children's Place	Feb. 16	CI
Children's Place eyes $130 mln in new debt after Saudi family swoop	Feb. 16	RE
Children's Place Enters $130 Million Term Loan Agreement With 1903P Loan Agent	Feb. 16	MT
The Children's Place, Inc. Enters into a Non-Binding Term Sheet for $130 Million Term Loan	Feb. 16	CI

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Company Profile

The Children's Place, Inc. is a childrenâs specialty apparel retailer in North America. It provides apparel, footwear, accessories, and other items for children and tweens. It designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell merchandise under The Childrenâs Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names. Its segments include The Childrenâs Place U.S. and The Childrenâs Place International. The Childrenâs Place U.S. segment includes the United States and Puerto Rico-based stores. The Childrenâs Place International segment includes Canadian based wholesale business, as well as international franchisees. It serves the wardrobe needs of girls and boys (sizes 4-18), toddler girls and boys (sizes 6 months-5T), and baby (sizes 0-24 months). It operates over 613 stores throughout North America. Its merchandise is available online at www.childrensplace.com, www.gymboree.com, www.sugarandjade.com and https://www.pjplace.com.

Sector

Apparel & Accessories Retailers

Calendar

2024-05-15 - Q1 2024 Earnings Release (Projected)

Related indices

Russell 2000

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