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SEGMENT INFORMATION
 3 Months Ended
May 02, 2026
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 no customer that individually accounted for more than 10% of its Net sales during the First Quarter 2026. The Company had one U.S. wholesale customer that individually accounted for more than 10% of its Net sales during the First Quarter 2025, with net sales amounting to $32.2 million. The customer also accounted for a majority of the Company’s accounts receivable, amounting to $25.2 million, as of May 3, 2025.
Store Count by Segment
As of May 2, 2026, The Children’s Place U.S. had 442 stores and The Children’s Place International had 55 stores. As of May 3, 2025, The Children’s Place U.S. had 437 stores and The Children’s Place International had 58 stores.
The tables below present certain segment information, including significant segment expenses, for our reportable segments for the periods indicated:
 Thirteen Weeks Ended May 2, 2026
 The Children’s
Place U.S.
The Children’s Place International (1)
Total
Net sales$195,291$19,934$215,225
Cost of sales (exclusive of depreciation and amortization) (2)
142,03119,843161,874
Selling, general, and administrative expenses (3)
81,0547,81088,864
Depreciation and amortization6,2484186,666
Segment operating loss$(34,042)$(8,137)$(42,179)
Segment operating loss as a percentage of net sales(17.4)%(40.8)%(19.6)%
 Thirteen Weeks Ended May 3, 2025
 The Children’s
Place U.S.
The Children’s Place International (1)
Total
Net sales$221,767$20,358$242,125
Cost of sales (exclusive of depreciation and amortization) (2)
153,98617,356171,342
Selling, general, and administrative expenses (3)
79,8406,83086,670
Depreciation and amortization7,6565748,230
Segment operating loss$(19,715)$(4,402)$(24,117)
Segment operating loss as a percentage of net sales(8.9)%(21.6)%(10.0)%
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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)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, and other administrative expenses.
The table below presents a reconciliation of reportable segment operating loss to Loss before provision for income taxes:
 Thirteen Weeks Ended
May 2,
2026		May 3,
2025
(in thousands)
Total segment operating loss$(42,179)$(24,117)
Related party interest expense(1,942)(1,871)
Other interest expense(7,756)(6,701)
Interest income8 10 
Loss before provision for income taxes$(51,869)$(32,679)
Additional Segment Data
 Thirteen Weeks Ended
 May 2,
2026		May 3,
2025
(in thousands)
Capital expenditures:  
The Children’s Place U.S.$7,914 $3,273 
The Children’s Place International120 140 
Total capital expenditures$8,034 $3,413 
May 2,
2026		January 31,
2026		May 3,
2025
(in thousands)
Total assets:
The Children’s Place U.S.$693,797 $631,198 $739,736 
The Children’s Place International35,379 39,101 39,866 
Total assets$729,176 $670,299 $779,602 
Long-lived assets:
United States$308,952 $258,645 $264,293 
Canada12,197 10,615 12,739 
Asia4,795 3,042 1,961 
Total long-lived assets (1)
$325,944 $272,302 $278,993 
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(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.