SEGMENT INFORMATION (Tables)

3 Months Ended

May 02, 2026

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)	142,031			19,843			161,874
Selling, general, and administrative expenses (3)	81,054			7,810			88,864
Depreciation and amortization	6,248			418			6,666

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)	153,986		17,356		171,342
Selling, general, and administrative expenses (3)	79,840		6,830		86,670

Depreciation and amortization	7,656		574		8,230
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 income	8		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 International	120		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 International	35,379		39,101		39,866
Total assets	$	729,176	$	670,299	$	779,602

Schedule of Long-Lived Assets


Long-lived assets:
United States	$	308,952	$	258,645	$	264,293
Canada	12,197		10,615		12,739
Asia	4,795		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.