XML 47 R32.htm IDEA: XBRL DOCUMENT v3.25.3

SEGMENT INFORMATION (Tables)

9 Months Ended

Nov. 01, 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 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)			199,128						28,034						227,162
Selling, general, and administrative expenses (3)			99,286						9,349						108,635
Segment operating income (loss)			$	8,985					$	(5,316)					$	3,669
Segment operating income (loss) as a percentage of net sales			2.9%						(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)			531,728						63,510						595,238
Selling, general, and administrative expenses (3)			275,071						25,630						300,701
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)			228,680						23,152						251,832
Selling, general, and administrative expenses (3)			99,363						9,720						109,083
Segment operating income			$	28,120					$	1,138					$	29,258
Segment operating income as a percentage of net sales			7.9%						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)			574,757						60,073						634,830
Selling, general, and administrative expenses (3)			307,518						27,864						335,382
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 Ended												Thirty-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 income			7						14						34						39
Income (loss) before provision (benefit) for income taxes			$	(4,452)					$	19,180					$	(41,043)					$	(47,536)

Additional Segment Data

			Thirteen Weeks Ended												Thirty-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 International			464						653						1,583						3,304
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 International			185						497						621						577
Total capital expenditures			$	9,646					$	3,446					$	14,489					$	15,924

Schedule of Disclosure on Geographic Areas

			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 International			40,623						35,988						42,831
Total assets			$	762,509					$	747,552					$	888,793
Long-lived assets:
United States			$	258,858					$	267,751					$	276,508
Canada			10,825						9,801						9,157
Asia			2,632						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.

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

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-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

+ Details

Name:	us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration