Childrens Place Inc
For the period ended Aug 3, 2024. Filed Sep 11, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 3, 2024 · Filed Sep 11, 2024
PLCE$0.19-41.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Thirteen Weeks Ended | Twenty-six Weeks Ended | |||
|---|---|---|---|---|
| August 3,2024 | July 29,2023 | August 3,2024 | July 29,2023 | |
| (in thousands, except loss per common share) | ||||
| Net sales | $319,655 | $345,599 | $587,533 | $667,239 |
| Cost of sales | 207,861 | 257,840 | 382,998 | 483,019 |
| Gross profit | 111,794 | 87,759 | 204,535 | 184,220 |
| Selling, general, and administrative expenses | 96,065 | 111,965 | 205,159 | 224,895 |
| Depreciation and amortization | 9,505 | 11,953 | 21,140 | 23,801 |
| Asset impairment charges | 28,000 | 782 | 28,000 | 2,532 |
| Operating loss | (21,776) | (36,941) | (49,764) | (67,008) |
| Related party interest expense | (2,087) | — | (2,476) | — |
| Other interest expense | (7,158) | (7,658) | (14,501) | (13,594) |
| Interest income | 14 | 17 | 25 | 51 |
| Loss before provision (benefit) for income taxes | (31,007) | (44,582) | (66,716) | (80,551) |
| Provision (benefit) for income taxes | 1,107 | (9,227) | 3,193 | (16,363) |
| Net loss | $(32,114) | $(35,355) | $(69,909) | $(64,188) |
| Loss per common share | ||||
| Basic | $(2.51) | $(2.82) | $(5.50) | $(5.16) |
| Diluted | $(2.51) | $(2.82) | $(5.50) | $(5.16) |
| Weighted average common shares outstanding | ||||
| Basic | 12,772 | 12,522 | 12,707 | 12,448 |
| Diluted | 12,772 | 12,522 | 12,707 | 12,448 |
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