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SEGMENT INFORMATION (Tables)

6 Months Ended

Aug. 02, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting

The tables below present certain segment information for our reportable segments for the periods indicated:

			Thirteen Weeks Ended August 2, 2025
			The Children’s Place U.S.						The Children’s Place International (1)						Total
			(in thousands)
Net sales			$	273,187					$	24,819					$	298,006
Cost of sales (2)			178,614						18,120						196,734
Selling, general, and administrative expenses (3)			88,289						8,877						97,166
Segment operating income (loss)			$	6,284					$	(2,178)					$	4,106
Segment operating income (loss) as a percentage of net sales			2.3%						(8.8)%						1.4%

			Twenty-six Weeks Ended August 2, 2025
			The Children’s Place U.S.						The Children’s Place International (1)						Total
			(in thousands)
Net sales			$	494,954					$	45,177					$	540,131
Cost of sales (2)			332,600						35,476						368,076
Selling, general, and administrative expenses (3)			175,785						16,281						192,066
Segment operating loss			$	(13,431)					$	(6,580)					$	(20,011)
Segment operating loss as a percentage of net sales			(2.7)%						(14.6)%						(3.7)%

			Thirteen Weeks Ended August 3, 2024
			The Children’s Place U.S.						The Children’s Place International (1)						Total
			(in thousands)
Net sales			$	292,393					$	27,262					$	319,655
Cost of sales (2)			186,914						20,947						207,861
Selling, general, and administrative expenses (3)			97,152						8,418						105,570
Other segment expenses (4)			28,000						—						28,000
Segment operating loss			$	(19,673)					$	(2,103)					$	(21,776)
Segment operating loss as a percentage of net sales			(6.7)%						(7.7)%						(6.8)%

			Twenty-six Weeks Ended August 3, 2024
			The Children’s Place U.S.						The Children’s Place International (1)						Total
			(in thousands)
Net sales			$	538,581					$	48,952					$	587,533
Cost of sales (2)			346,076						36,922						382,998
Selling, general, and administrative expenses (3)			208,157						18,142						226,299
Other segment expenses (4)			28,000						—						28,000
Segment operating loss			$	(43,652)					$	(6,112)					$	(49,764)
Segment operating income loss as a percentage of net sales			(8.1)%						(12.5)%						(8.5)%

___________________________________________

(1)The Company’s foreign subsidiaries, primarily in Canada, have operating results based in foreign currencies and are thus subject to the fluctuations of the corresponding translation rates into U.S. dollars.

(2)Cost of sales includes the cost of inventory sold, certain buying, design, and distribution expenses, shipping and handling costs on merchandise sold directly to customers, and all occupancy costs, except for administrative office buildings.

(3)Selling, general, and administrative expenses include store expenses, marketing, corporate payroll, including long-term incentive compensation, information technology, other administrative expenses, and depreciation and amortization.

(4)Other segment expenses include asset impairment charges.

The table below presents a reconciliation of reportable segment operating income (loss) to Loss before provision for income taxes:

			Thirteen Weeks Ended												Twenty-six Weeks Ended
			August 2, 2025						August 3, 2024						August 2, 2025						August 3, 2024
			(in thousands)
Total segment operating income (loss)			$	4,106					$	(21,776)					$	(20,011)					$	(49,764)
Related party interest expense			(1,868)						(2,087)						(3,740)						(2,476)
Other interest expense			(6,167)						(7,158)						(12,867)						(14,501)
Interest income			17						14						27						25
Loss before provision for income taxes			$	(3,912)					$	(31,007)					$	(36,591)					$	(66,716)

Additional Segment Data

			Thirteen Weeks Ended												Twenty-six Weeks Ended
			August 2, 2025						August 3, 2024						August 2, 2025						August 3, 2024
			(in thousands)
Depreciation and amortization:
The Children’s Place U.S.			$	7,025					$	8,835					$	14,681					$	18,489
The Children’s Place International			545						670						1,119						2,651
Total depreciation and amortization			$	7,570					$	9,505					$	15,800					$	21,140
Capital expenditures:
The Children’s Place U.S.			$	1,134					$	7,720					$	4,407					$	12,398
The Children’s Place International			296						64						436						80
Total capital expenditures			$	1,430					$	7,784					$	4,843					$	12,478

Schedule of Disclosure on Geographic Areas

			August 2, 2025						February 1, 2025						August 3, 2024
			(in thousands)
Total assets:
The Children’s Place U.S.			$	760,234					$	711,564					$	879,609
The Children’s Place International			44,863						35,988						41,805
Total assets			$	805,097					$	747,552					$	921,414
Long-lived assets:
United States			$	247,040					$	267,751					$	283,118
Canada			11,848						9,801						10,730
Asia			2,354						1,996						224
Total long-lived assets (1)			$	261,242					$	279,548					$	294,072

___________________________________________

(1)The Company’s long-lived assets are comprised of net Property and equipment, ROU assets, Tradenames, and Other assets, and are recorded in the long-term assets section of the consolidated balance sheets.

X

- Definition

Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area.

+ References

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-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
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