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SEGMENT INFORMATION
 9 Months Ended
Nov. 01, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
The Company’s reportable segments are based on the financial information the chief operating decision maker (“CODM”) uses to allocate resources and assess performance of its business. The Company’s President and Chief Executive Officer is the CODM. The Company’s CODM evaluates the performance of each segment and measures its segment profitability based on operating income (loss), defined as income (loss) before interest and taxes. Operating income (loss) is used as a key metric during the annual budget process, and on a quarterly basis to monitor actual performance against the annual budget and forecasts.
The Company reports segment data based on geography: The Children’s Place U.S. and The Children’s Place International. Each segment includes an e-commerce business located at www.childrensplace.com and www.gymboree.com. Included in The Children’s Place U.S. segment are the Company’s U.S. and Puerto Rico-based stores and net sales from the Company’s U.S.-based wholesale business. Included in The Children’s Place International segment are the Company’s Canadian-based stores and net sales from international franchisees. Net sales and direct costs are recorded by each segment. Certain inventory procurement functions, such as production and design, as well as corporate overhead, including executive management, finance, real estate, human resources, legal, and information technology services, are managed by The Children’s Place U.S. segment. Expenses related to these functions, including depreciation and amortization, are allocated to The Children’s Place International segment based primarily on net sales. The assets related to these functions are not allocated. The Company periodically reviews these allocations and adjusts them based upon changes in business circumstances.
Major Customers
Net sales to external customers are derived from merchandise sales, and the Company has one U.S. wholesale customer that individually accounted for more than 10% of its net sales during Year-To-Date 2025, with net sales amounting to $30.7 million for the Third Quarter 2025 and $105.3 million for Year-To-Date 2025, and $57.3 million and $118.3 million for the Third Quarter 2024 and Year-To-Date 2024, respectively. The customer also accounts for a majority of the Company’s accounts receivable, amounting to $26.0 million, $31.6 million, and $45.1 million as of November 1, 2025, February 1, 2025, and November 2, 2024.
Store Count by Segment
As of November 1, 2025, The Children’s Place U.S. had 442 stores and The Children’s Place International had 57 stores. As of November 2, 2024, The Children’s Place U.S. had 449 stores and The Children’s Place International had 61 stores.
The tables below present certain segment information for our reportable segments for the periods indicated:
 Thirteen Weeks Ended November 1, 2025
 The Children’s Place U.S.
The Children’s Place International (1)
Total
(in thousands)
Net sales$307,399$32,067$339,466
Cost of sales (2)
199,12828,034227,162
Selling, general, and administrative expenses (3)
99,2869,349108,635
Segment operating income (loss)$8,985$(5,316)$3,669
Segment operating income (loss) as a percentage of net sales2.9%(16.6)%1.1%

 Thirty-nine Weeks Ended November 1, 2025
 The Children’s Place U.S.
The Children’s Place International (1)
Total
(in thousands)
Net sales$802,353$77,244$879,597
Cost of sales (2)
531,72863,510595,238
Selling, general, and administrative expenses (3)
275,07125,630300,701
Segment operating loss$(4,446)$(11,896)$(16,342)
Segment operating loss as a percentage of net sales(0.6)%(15.4)%(1.9)%
 Thirteen Weeks Ended November 2, 2024
 The Children’s Place U.S.
The Children’s Place International (1)
Total
(in thousands)
Net sales$356,163$34,010$390,173
Cost of sales (2)
228,68023,152251,832
Selling, general, and administrative expenses (3)
99,3639,720109,083
Segment operating income$28,120$1,138$29,258
Segment operating income as a percentage of net sales7.9%3.3%7.5%

 Thirty-nine Weeks Ended November 2, 2024
 The Children’s Place U.S.
The Children’s Place International (1)
Total
(in thousands)
Net sales$894,744$82,962$977,706
Cost of sales (2)
574,75760,073634,830
Selling, general, and administrative expenses (3)
307,51827,864335,382
Other segment expenses (4)
28,000—28,000
Segment operating loss$(15,531)$(4,975)$(20,506)
Segment operating income loss as a percentage of net sales(1.7)%(6.0)%(2.1)%
___________________________________________
(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 Income (loss) before provision (benefit) for income taxes:
 Thirteen Weeks EndedThirty-nine Weeks Ended
November 1,
2025		November 2,
2024		November 1,
2025		November 2,
2024
(in thousands)
Total segment operating income (loss)$3,669 $29,258 $(16,342)$(20,506)
Related party interest expense(1,869)(2,078)(5,609)(4,554)
Other interest expense(6,259)(8,014)(19,126)(22,515)
Interest income7 14 34 39 
Income (loss) before provision (benefit) for income taxes$(4,452)$19,180 $(41,043)$(47,536)
Additional Segment Data
 Thirteen Weeks EndedThirty-nine Weeks Ended
 November 1,
2025		November 2,
2024		November 1,
2025		November 2,
2024
(in thousands)
Depreciation and amortization:  
The Children’s Place U.S.$6,870 $8,613 $21,551$27,102
The Children’s Place International464 653 1,5833,304
Total depreciation and amortization$7,334 $9,266 $23,134$30,406
Capital expenditures:  
The Children’s Place U.S.$9,461 $2,949 $13,868$15,347
The Children’s Place International185 497 621577
Total capital expenditures$9,646 $3,446 $14,489$15,924

November 1,
2025		February 1,
2025		November 2,
2024
(in thousands)
Total assets:
The Children’s Place U.S.$721,886 $711,564 $845,962 
The Children’s Place International40,623 35,988 42,831 
Total assets$762,509 $747,552 $888,793 
Long-lived assets:
United States$258,858 $267,751 $276,508 
Canada10,825 9,801 9,157 
Asia2,632 1,996 437 
Total long-lived assets (1)
$272,315 $279,548 $286,102 
___________________________________________
(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.