Children`s Place Inc The
- The Children’s Place Inc. plunged 6.3% to $6.35 after the struggling children’s specialty retailer reported results for the fiscal fourth quarter of 2024 ending in February.
Net sales declined to $408.56 million from $455.03 million, net loss shrank to $7.99 million from a loss of $128.84 million, and diluted loss per share narrowed to 62 cents from a loss of $10.24 a year ago.
For the full year, revenue edged down to $1.39 billion from $1.60 billion, net loss narrowed to $57.82 million from a loss of $154.54 million, and diluted loss per share shrank to $4.53 from a loss of $12.34 a year earlier.
The company reported “the lowest level of selling, general, and administrative spending in more than 15 years during the fourth quarter and full year.”
“Looking ahead for fiscal 2025, we remain determined to deliver profitable top-line sales as we continue to refine our omni-channel strategy and rebalance our product mix by offering relevant products that resonate with parents,” Muhammad Umair, the company’s president and interim CEO, said in a release to investors.
Apr 14, 2025 - Children's Place Inc plunged 24.7% to $17.93 after the specialty retailer reported a decline in earnings and a loss in the first quarter.
Revenue declined 11.2% to $321.64 million from $362.35 million and the retailer swung to a net loss of $28.83 million compared to a profit of $19.83 million and diluted earnings per share was ($2.33) compared to $1.43 a year ago.
May 24, 2023 - The Children's Place Inc said revenue in the fourth quarter ending in January declined 10.2% to $456.1 million from $507.8 million a year ago. The retailer swung to a loss of $50.5 million from a profit of $39.0 million and diluted earnings per share was ($4.10) from $2.68 a year ago.
In the full-year 2022 revenue dropped 10.8% to $1.71 billion compared to $1.92 billion in the previous year. Net loss in the year was $1.1 million compared to a profit of $187.2 million and diluted earnings per share was ($0.09) compared to $12.59 in the previous year.
The retailer ended the quarter with 613 stores and square footage of 2.9 million, a decrease of 8.3% compared to the prior year. The company permanently closed 59 stores in fiscal 2022 and permanently closed 586 stores, since the announcement of its optimization plan in 2013
Mar 17, 2023 - Children's Place said revenue is expected to range between $454 million and $456 million, a fall between 10.2% and 10.6% from a year ago and LPS between $4.24 and $4.63 in the fourth quarter.
Feb 6, 2023
| Year | May | Aug | Nov | Feb | Annual | |
|---|---|---|---|---|---|---|
| 2023 | -3.77 | -2.33 | -2.82 | 3.05 | - | |
| 2022 | 2.68 | 1.43 | -1.01 | 3.26 | -0.09 | |
| 2021 | 0.55 | 3.01 | 1.6 | 5.3 | 12.59 | |
| 2020 | 1.53 | -7.86 | -3.19 | 0.91 | -9.59 | |
| 2019 | 0.75 | 0.28 | 0.1 | 2.77 | 4.68 | |
| 2018 | -0.53 | 1.78 | 0.45 | 3.03 | 4.73 | |
| 2017 | 1.88 | 1.95 | 0.86 | 2.58 | 7.27 | |
| 2016 | 1.19 | 1.32 | 0.01 | 2.29 | 4.81 | |
| 2015 | 0.94 | 0.83 | 0.33 | 1.93 | 4.03 | |
| 2014 | 0.61 | -0.49 | 1.70 | 0.70 | 2.32 | |
| 2013 | 0.83 | -1.05 | 1.84 | 0.81 | 2.61 | |
| 2012 | 1.00 | -0.74 | 1.54 | 0.85 | 2.9 | |
| 2011 | 1.10 | -0.38 | 1.33 | 1.04 | 2.89 | |
| 2010 | 1.00 | -0.30 | 1.15 | 1.16 | 3.08 | |
| 2009 | 0.79 | -0.24 | 1.37 | 1.31 | 2.79 | |
| 2008 | 0.67 | 0.00 | 0.81 | -1.95 | -2.01 | |
| 2007 | 0.49 | -0.97 | 0.42 | 1.51 | 2.92 | |
| 2006 | 0.50 | -0.47 | 1.38 | 1.47 | 2.09 | |
| 2005 | 0.34 | -0.73 | 1.01 | 0.78 | 1.48 |