reports
The Children's Place and Sanrio® Unveil Multi-Season Collaboration
The Children's Place and Sanrio® Unveil Multi-Season Collaboration Whimsical, wearable, and trend-right - the collaboration spans Fall 2025 through Spring 2026 and beyond, delivering playful, collectible fashion moments for the modern family SECAUCUS, N.J., July 10, 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 a new collaboration with global lifestyle brand, Sanrio®. The multi-season partnership ...
The Children’s Place Reports First Quarter 2025 Results
The Children’s Place Reports First Quarter 2025 Results SECAUCUS, N.J., June 06, 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 first fiscal quarter ended May 3, 2025. Muhammad Umair, President and Interim Chief Executive Officer said, “The first quarter was a challenging time for our business and customers. We are not satisfied with the results, but we will conti...
The Children’s Place to Release First Quarter Financial Results
The Children’s Place to Release First Quarter Financial Results SECAUCUS, N.J., May 30, 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 first quarter fiscal 2025 financial results will be released on Friday, June 6, 2025 at approximately 4:30 p.m. Eastern Time, which can be accessed at . About The Children’s Place The Children’s Place is the largest pure-play children’s specialty retaile...
The Children’s Place Reports Fourth Quarter and Full Year 2024 Results
The Children’s Place Reports Fourth Quarter and Full Year 2024 Results Reports Third Consecutive Quarter of Adjusted Operating Profits Net Sales of $409 million for Fourth Quarter and $1.386 billion for Full Year Significant Improvement in Gross Profit Margin to 29% for Fourth Quarter and 33% for Full Year Lowest Level of SG&A Spending in more than 15 Years during Fourth Quarter and Full Year Improvement in Operating Income of $68.6 million for Fourth Quarter 2024 versus 2023 Significant Improvement in Liquidity Position with Completion of $90 Million Rights Offerin...
The Children’s Place to Release Fourth Quarter and Year-End Fiscal 202...
The Children’s Place to Release Fourth Quarter and Year-End Fiscal 2024 Financial Results and Letter to Shareholders SECAUCUS, N.J., March 25, 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 fourth quarter and year-end fiscal 2024 financial results, and Turki S. AlRajhi’s annual letter to shareholders, will be released on Friday, April 11, 2025 at approximately 4:30 p.m. Eastern Time where ...
The Children's Place Appoints John Szczepanski as Chief Financial Offi...
The Children's Place Appoints John Szczepanski as Chief Financial Officer; Announces Appointments of Two Senior Vice Presidents - Kristin Clifford, Head of Sourcing and Smeeta Khetarpaul, Head of Marketing SECAUCUS, N.J., March 17, 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, announced the appointment of John Szczepanski as Chief Financial Officer, effective March 31, 2025. He will report to Muhammad Umair, President and Interim Chief Executive Officer. As ...
The Children’s Place Announces Appointment to Its Board of Directors
The Children’s Place Announces Appointment to Its Board of Directors SECAUCUS, N.J., Feb. 18, 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, today announced that the Company has appointed Rhys Summerton to the Company’s Board of Directors and as a member of the Audit Committee. Mr. Summerton will hold office until the annual meeting of stockholders of the Company to be held in 2025. Ms. Summerton is an independent director and qualifies as an “audit committee...
The Children’s Place, Inc. Announces Commencement of Rights Offering
The Children’s Place, Inc. Announces Commencement of Rights Offering SECAUCUS, N.J., Dec. 31, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE) (the “Company”), an omni-channel children’s specialty portfolio of brands, today announced that it has commenced its previously announced rights offering (the “Rights Offering”) to purchase up to $90,000,000 in shares of the Company’s common stock, representing 9,230,769 shares of the Company’s common stock in the aggregate. The Company is distributing to its stockholders as of the close of business on December 13, 2024, the reco...
The Children’s Place Reports Preliminary Partial Fourth Quarter Sales ...
The Children’s Place Reports Preliminary Partial Fourth Quarter Sales Results Through December 14, 2024 SECAUCUS, N.J., Dec. 17, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands, today announced preliminary partial fourth quarter net sales results for the six-week period starting on November 3, 2024 and ending December 14, 2024. Net sales for the six-week period starting on November 3, 2024 and ending December 14, 2024 increased 3.4%, compared to the six-week period starting on October 29, 2023 and ending D...
The Children’s Place Reports Third Quarter 2024 Results
The Children’s Place Reports Third Quarter 2024 Results Reports Second Consecutive Quarter of Adjusted Profitability Significant Improvement in Gross Profit Margin to 35% Lowest Level of SG&A spending in more than 15 Years during Q3 Reports Adjusted EBITDA of $44.5 million and Adjusted EPS of $2.04 Maintains Total Liquidity of $94 Million SECAUCUS, N.J., Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands, today announced financial results for the third quarter ended November 2, 2024. Muhammad Umair, P...
Gymboree Marks Historic Grand Opening at Garden State Plaza
Gymboree Marks Historic Grand Opening at Garden State Plaza Iconic Brand Makes a Celebrated Return to Brick-and-Mortar, Embracing a New Era SECAUCUS, N.J., Nov. 20, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands, marked a monumental milestone yesterday with the grand opening of its first GYMBOREE store at Garden State Plaza in Paramus, New Jersey, signaling a new era of growth and innovation in children’s boutique specialty retail. The event drew excited families, influencers, and long-time fans of the brand, ...
Philip Ende Joins The Children’s Place as Head of Real Estate
Philip Ende Joins The Children’s Place as Head of Real Estate SECAUCUS, N.J., Nov. 11, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE) an omni-channel children’s specialty portfolio of brands today announced that Philip Ende has been appointed GVP, Head of Real Estate, effective November 11, 2024. As the Head of Real Estate, Mr. Ende will oversee the real estate strategy and operations for the Company. He will report to Muhammad Umair, President and Interim Chief Executive Officer. Mr. Ende joins The Children’s Place, Inc. from the real estate consulting firm Ende Rea...
The Children’s Place Announces Launch of Storefront on SHEIN
The Children’s Place Announces Launch of Storefront on SHEIN SECAUCUS, N.J., Oct. 30, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands, today announced a groundbreaking partnership with global fashion and lifestyle online retailer, SHEIN. This collaboration brings The Children’s Place’s high-quality, trend-right apparel to SHEIN’s platform, opening new doors to reach millions of families. This partnership marks a significant step forward, combining the heritage and value of The Children’s Place with SHEIN’...
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The Children’s Place Reports Second Quarter 2024 Results
The Children’s Place Reports Second Quarter 2024 Results Significant Improvement in Gross Profit Margin to 35% Lowest Level of SG&A spending in more than 15 Years during Q2 Incurred a Non-Cash Impairment Charge of $28 Million for Gymboree Tradename Adjusted Operating Income of $14.2 Million after Two Years of Losses during Q2 Positive Adjusted EBITDA, Improving $37.4 Million versus the Prior Year Loss SECAUCUS, N.J., Sept. 11, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), a...
Claudia Lima-Guinehut Rejoins the Children’s Place as Brand President
Claudia Lima-Guinehut Rejoins the Children’s Place as Brand President SECAUCUS, N.J., Aug. 23, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands today announced that Claudia Lima-Guinehut has been appointed Brand President, effective September 9, 2024. Ms. Lima-Guinehut is rejoining The Children’s Place, Inc. from Claire's Holdings LLC, where she had served as Executive Vice President and Chief Merchandising Officer since June 2023. As Brand President, Ms. Lima-Guinehut will oversee all customer facing activiti...
The Children's Place Reports First Quarter 2024 Results
The Children's Place Reports First Quarter 2024 Results SECAUCUS, N.J., June 12, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced financial results for the first quarter ended May 4, 2024. First Quarter 2024 ResultsNet sales decreased $53.7 million, or 16.7%, to $267.9 million in the three months ended May 4, 2024, from $321.6 million in the three months ended April 29, 2023. The decrease in net sales compared to the first quarter 2023 was primarily du...
The Children’s Place, Inc. Issues Chairman’s Letter to Shareholders
The Children’s Place, Inc. Issues Chairman’s Letter to Shareholders SECAUCUS, N.J., May 24, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced that Turki S. AlRajhi, Chairman of the Company’s Board of Directors and Chairman and CEO of Mithaq, the Company’s majority shareholder, issued a letter to shareholders of The Children’s Place, Inc. In the letter, Mr. AlRajhi provides brief information about Mithaq’s background and approach; views on The Children’s...
The Children's Place, Inc. Announces CEO Transition
The Children's Place, Inc. Announces CEO Transition SECAUCUS, N.J., May 21, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced the departure of Jane Elfers, President and CEO, and announced the appointment of Muhammad Umair as the new President and Interim CEO, effective May 20, 2024. The Company thanks Jane for her dedication to the Company and wishes her well in her next chapter. Jane Elfers said, “I want to thank the entire team at The Children’s Plac...
The Children’s Place Reports Fourth Quarter and Full Year 2023 Results
The Children’s Place Reports Fourth Quarter and Full Year 2023 Results SECAUCUS, N.J., May 06, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands with an industry-leading digital-first model, today announced financial results for the fourth quarter and fiscal year ended February 3, 2024. Fourth Quarter 2023 ResultsNet sales decreased $1.1 million, or 0.2%, to $455.0 million in the three months ended February 3, 2024, from $456.1 million in the three months ended January 28, 2023. The decrease in net sales compared ...
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