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


	Fiscal Year Ended February 1, 2025
	The Children’s Place U.S.		The Children’s Place International (1)		Total
	(in thousands)
Net sales	$	1,266,500	$	119,769	$	1,386,269
Cost of sales (2)	836,351		90,457		926,808
Selling, general, and administrative expenses (3)	405,895		39,267		445,162
Other segment expenses (4)	28,000		—		28,000
Segment operating loss	$	(3,746)	$	(9,955)	$	(13,701)
Segment operating loss as a percentage of net sales	(0.3)%		(8.3)%		(1.0)%


	Fiscal Year Ended February 3, 2024
	The Children’s Place U.S.		The Children’s Place International (1)		Total
	(in thousands)
Net sales	$	1,457,352	$	145,156	$	1,602,508
Cost of sales (2)	1,058,423		98,811		1,157,234
Selling, general, and administrative expenses (3)	450,868		43,661		494,529
Other segment expenses (4)	34,543		—		34,543
Segment operating income (loss)	$	(86,482)	$	2,684	$	(83,798)
Segment operating income (loss) as a percentage of net sales	(5.9)%		1.8%		(5.2)%


	Fiscal Year Ended January 28, 2023
	The Children’s Place U.S.		The Children’s Place International (1)		Total
	(in thousands)
Net sales	$	1,533,934	$	174,548	$	1,708,482
Cost of sales (2)	1,079,241		115,079		1,194,320
Selling, general, and administrative expenses (3)	460,218		52,218		512,436
Other segment expenses (4)	3,256		—		3,256
Segment operating income (loss)	$	(8,781)	$	7,251	$	(1,530)
Segment operating income (loss) as a percentage of net sales	(0.6)%		4.2%		(0.1)%

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(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)Refer to Note 1. Basis of Presentation for additional information on the components of Cost of sales.

(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.

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


	Fiscal Years Ended
	February 1, 2025		February 3, 2024		January 28, 2023
	(in thousands)
Total segment operating loss	$	(13,701)	$	(83,798)	$	(1,530)
Related party interest expense	(6,493)		—		—
Other interest expense	(29,301)		(30,087)		(13,324)
Interest income	47		87		92
Loss before provision (benefit) for income taxes	$	(49,448)	$	(113,798)	$	(14,762)

Additional Segment Data


	Fiscal Years Ended
	February 1, 2025		February 3, 2024		January 28, 2023
	(in thousands)
Depreciation and amortization:
The Children’s Place U.S.	$	35,644	$	43,428	$	47,612
The Children’s Place International	3,968		3,758		3,852
Total depreciation and amortization	$	39,612	$	47,186	$	51,464


Capital expenditures:
The Children’s Place U.S.	$	15,245	$	27,462	$	44,970
The Children’s Place International	585		97		607
Total capital expenditures	$	15,830	$	27,559	$	45,577


	February 1, 2025		February 3, 2024
	(in thousands)
Total assets:
The Children’s Place U.S.	$	711,564	$	758,003
The Children’s Place International	35,988		42,305
Total assets	$	747,552	$	800,308