PLCE

Children's Place (PLCE) reported a fiscal Q1 adjusted loss late Friday of $2 per diluted share, wide

Announces New Long-Term Strategic Priorities SECAUCUS, N.J., June 12, 2026 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), one of the only pure-play children’s specialty retailers in North America with an omni-channel presence, today announced financial results for the Company’s first fiscal quarter ended May 2, 2026. Muhammad Umair, President and Chief Executive Officer, said, “Today, we reported our first quarter results, which provide assurance that our strategies are beginning to take shape as we observed a reduction in the rate of sales declines versus the prior quarter and the same quarter last year, combined with material progress on our transformation efforts in a challenging retail environment. We recognize that our value customer has been impacted by higher gas and grocery prices. As a result, we are committed to clear messaging regarding the strength of our price/value offerings.” Mr. Umair added, “While keeping our prices stable has narrowed our profit margins, further compounded by product cost headwinds from higher tariffs, we have filed for tariff refund claims amounting to approximately $40 million, which we expect to partially offset margin dilution during this fiscal year, and of which $5.5 million has already been received to date. Consistent with prior disclosures, we have monetized most of these claims at a discounted rate, by selling the future receipt of these funds to a purchaser. This sale has been recorded as a financing arrangement in the short-term debt section of our balance sheet. We did not record a receivable or P&L benefit for these refund claims during the first quarter.” Mr. Umair continued, “We have added depth to our leadership team by bringing in significant retail expertise to navigate us through the next phase of our transformation journey. Our leaders are working together to move the company forward, and we are excited to announce the four new strategic priorities we are adopting to drive our long-term outlook.” 1) Improve Customer Experience Across All Channels by focusing on the target consumer; providing a strong price/value proposition; delivering compelling and convenient omni-channel experiences; and enhancing store and brand site environments. 2) Strengthen and Elevate the Brand by delivering appealing product that resonates with our customer; building a compelling, consistent brand narrative tha...

SECAUCUS, N.J., June 10, 2026 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), one of the only pure-play children’s specialty retailers in North America with an omni-channel presence, today announced that its first quarter fiscal 2026 financial results will be released on Friday, June 12, 2026 at approximately 4:30 p.m. Eastern Time, which can be accessed at https://corporate.childrensplace.com/. About The Children’s Place The Children’s Place is one of the only pure-play children’s specialty retailers in North America with an omni-channel presence. Its global retail and wholesale network includes two digital storefronts, 497 stores in North America, wholesale marketplaces and distribution in 13 countries through nine international franchise and wholesale partners. The Children’s Place designs, contracts to manufacture, and sells fashionable, high-quality, head-to-toe outfits predominantly at value prices, primarily under its proprietary brands: “The Children’s Place” and “Gymboree”. For more information visit: www.childrensplace.com and www.gymboree.com. Investor Relations (201) 558-2400 ext. 14500

Children's Place (PLCE) reported a fiscal Q4 adjusted loss late Friday of $1.86 per diluted share, w

Improvement in Operating Cash Flows by $126 million during Fiscal 2025 versus Fiscal 2024 SECAUCUS, N.J., April 10, 2026 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), one of the only pure-play children’s specialty retailers in North America with an omni-channel presence, today announced financial results for the Company’s fourth fiscal quarter and the full fiscal year ended January 31, 2026. Muhammad Umair, President and Chief Executive Officer said, “While our fourth quarter results were disappointing, we are taking decisive action to turn this business around. The Children's Place brand remains strong, recently ranked 21st in TIME’s survey of “America’s most iconic companies”, and we are leveraging that foundation to drive our transformation. We are reigniting what makes our brand unique by delivering compelling product, design, and branding, with the consumer at the center of every decision we make.” Mr. Umair continued, “We have moved aggressively to address our ecommerce challenges and in February 2026, we migrated to the Salesforce Customer Cloud platform, which we expect to stabilize our customer file and drive increased traffic through faster execution, sharper segmentation, and a superior customer experience. This was essential to evolving our tech platform, and we acted swiftly.” Mr. Umair concluded, “Our transformation is creating real operating leverage. We are focused on reducing costs, margin expansion opportunities, and prioritizing free cash flow generation. We have strengthened our liquidity position and now have the financial flexibility to make the strategic investments needed to succeed during our critical back-to-school season. We know what needs to be done, we have a clear plan, and we are executing with urgency.” The Company’s Executive Chairman, Turki S. AlRajhi, provides further details on the Company’s strategic initiatives and other business priorities, in his letter to shareholders that can be found on the Company’s corporate website at: https://corporate.childrensplace.com/chairmans-letters. Fourth Quarter 2025 Results Net sales decreased $79.3 million, or 19.4%, to $329.2 million in the three months ended January 31, 2026, compared to $408.6 million in the three months ended February 1, 2025. The decrease in net sales was driven by a decrease in e-commerce sales due to lower traffic and conversion compared to th...

SECAUCUS, N.J., April 08, 2026 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), one of the only pure-play children’s specialty retailers in North America with an omni-channel portfolio of brands and an industry-leading digital-first model, today announced that their fourth quarter and year-end fiscal 2025 financial results, and Turki S. AlRajhi’s annual letter to shareholders, will be released on Friday, April 10, 2026 at approximately 4:30 p.m. Eastern Time, which can be accessed at https://corporate.childrensplace.com/. About The Children’s Place The Children’s Place is one of the only pure-play children’s specialty retailers in North America with an omni-channel portfolio of brands and an industry-leading digital-first model. Its global retail and wholesale network includes two digital storefronts, 499 stores in North America, wholesale marketplaces and distribution in 12 countries through nine international franchise and wholesale partners. The Children’s Place designs, contracts to manufacture, and sells fashionable, high-quality, head-to-toe outfits predominantly at value prices, primarily under its proprietary brands: “The Children’s Place”, “Gymboree”, “Sugar & Jade”, and “PJ Place”. For more information visit: www.childrensplace.com and www.gymboree.com. Investor Relations (201) 558-2400 ext. 14500

Announces $450 Million Refinancing Transaction SECAUCUS, N.J., Dec. 16, 2025 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), one of the only pure-play children’s specialty retailers in North America with an omni-channel portfolio of brands and an industry-leading digital-first model, today announced financial results for the Company’s third fiscal quarter ended November 1, 2025. Muhammad Umair, President and Chief Executive Officer said, “Our third quarter results reflect the challenges we are experiencing in our ecommerce business, with periods of high volatility as we implement our strategic transformation. Separately, our marketing efficiency was also impeded during the quarter in our transition to a new marketing agency and a heightened promotional strategy. Our new operating model envisions an increased physical store presence, and a merchandising reset that adds a more balanced mix of fashion and basics to our product assortment. Our brick-and-mortar business capitalized on its momentum from our second quarter and generated a 2% growth in comparable sales, and as we continue to invest in our real estate portfolio with operational and financial discipline, our new stores are generating results that are outperforming the rest of the fleet. We believe our increased store base will strengthen our omni-channel proposition to our customers that love to experience our beloved brands, both in-store or online.” Mr. Umair continued, “We opened five new stores during the third quarter, with another 11 store openings slated for the fourth quarter. Looking ahead, we plan to open an additional 15 to 20 new stores in the first half of fiscal year 2026, ahead of our critical back-to-school season to drive revenue growth and profitability, with more store openings in the back-half of fiscal year 2026 and beyond. We also plan to refresh our store layouts, and in conjunction with our revamped My Place Rewards loyalty program, we are excited for the enhanced experience this will create for our new and existing customer file.” Financing Update John Szczepanski, Chief Financial Officer said, “We’re also pleased to announce that we have successfully completed the refinancing of a $350 million asset-based lending credit facility with Wells Fargo, supplemented by a $100 million FILO term loan with SLR Credit Solutions. The five-year financing transactions increa...

Children's Place (PLCE) reported a fiscal Q3 adjusted loss late Tuesday of $0.18 per diluted share,

The kid’s apparel company will carry out a long-term plan set to bring in more than $40 million over three years after reporting revenue loss due to falling traffic.

Announces Transformation Initiative SECAUCUS, N.J., Sept. 05, 2025 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty retailer in North America with an omni-channel portfolio of brands and an industry-leading digital-first model, today announced financial results for the Company’s second fiscal quarter ended August 2, 2025. Muhammad Umair, President and Interim Chief Executive Officer said, “This quarter began with operating results that reflected the difficulties we faced in the previous quarter, including unusually cold and wet weather early in the quarter that dampened seasonal demand. However, we ended the quarter with strong momentum for our back-to-school season, and we saw a significant improvement in comparable sales relative to the start of the year. The expansion of licensing, a greater emphasis on fashion-forward assortments, and new partnerships are resonating strongly with our core customer, helping to reinforce our brand promise of delivering amazing fashion at a great value for parents. While we continue to be challenged by the macroeconomic environment, we remain laser-focused on driving profitability in the near and long term.” Mr. Umair continued, “July marked the first month in the last 18 months in which the Company’s owned and operated direct-to-consumer business generated positive comparative sales growth. We are encouraged by this positive trend shift during the back-to-school period, and we have experienced further increased momentum in underlying demand in August, driven primarily through our stores channel. We have also improved our inventory position with a $78 million reduction from the prior year, as we prioritize working capital management and free cash flow generation. We have been quick to assess and react to the evolving environment, enabling us to make informed business decisions. We have confidence in our long-term plan to revitalize our business and optimize our distribution channels, particularly through investment in new wholesale partnerships. However, our focus remains on long-term investment decisions, and large-scale changes to our business model will still take time. Our progress will continue to be gradual as we reinvest in every way to delight our customers and deliver a great customer experience, by investing in our stores and real estate portfolio, as we ret...

SECAUCUS, N.J., Aug. 22, 2025 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty retailer in North America with an omni-channel portfolio of brands and an industry-leading digital-first model, today announced that their second quarter fiscal 2025 financial results will be released on Friday, September 5, 2025 at approximately 4:30 p.m. Eastern Time, which can be accessed at https://corporate.childrensplace.com/. About The Children’s Place The Children’s Place is the largest pure-play children’s specialty retailer in North America with an omni-channel portfolio of brands and an industry-leading digital-first model. Its global retail and wholesale network includes two digital storefronts, 495 stores in North America, wholesale marketplaces and distribution in 12 countries through seven international franchise partners. The Children’s Place designs, contracts to manufacture, and sells fashionable, high-quality, head-to-toe outfits predominantly at value prices, primarily under its proprietary brands: “The Children’s Place”, “Gymboree”, “Sugar & Jade”, and “PJ Place”. For more information, visit: www.childrensplace.com and www.gymboree.com. Investor Relations (201) 558-2400 ext. 14500

SECAUCUS, N.J. (AP) — SECAUCUS, N.J. (AP) — The Children's Place Retail Stores Inc. (PLCE) on Friday reported a loss of $34 million in its fiscal first quarter. The Secaucus, New Jersey-based company said it had a loss of $1.57 per share. Losses, adjusted for non-recurring costs, came to $1.52 per share. The children's clothing and accessories chain posted revenue of $242.1 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PLCE at https://www.zacks.com/ap/PLCE