The Children’s Place Reports Second Quarter 2024 Results
Children's Place, Inc. (The) (PLCE)
Last children's place, inc. (the) earnings: 3/17 07:32 am
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Source: GlobeNewswire
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), an omni-channel children’s specialty portfolio of brands, today announced financial results for the second quarter ended August 3, 2024. Muhammad Umair, President and Interim Chief Executive Officer said, “During the second quarter we proactively made certain strategic and operational changes to improve the profitability of the business and provide a foundation for future growth and we were pleased with the results. While we anticipated
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PLCE
News
- THE CHILDREN'S PLACE ANNOUNCES LAUNCH OF STOREFRONT ON SHEINPR Newswire
- THE CHILDREN'S PLACE ANNOUNCES LAUNCH OF STOREFRONT ON SHEINPR Newswire
- The Children’s Place Announces Launch of Storefront on SHEINGlobeNewswire
- In the wake of The Children's Place, Inc.'s (NASDAQ:PLCE) latest US$37m market cap drop, institutional owners may be forced to take severe actions [Yahoo! Finance]Yahoo! Finance
- The Children's Place, Inc. (NASDAQ: PLCE) had its price target raised by analysts at UBS Group AG from $12.00 to $18.00. They now have a "neutral" rating on the stock.MarketBeat
PLCE
Earnings
- 6/12/24 - Miss
PLCE
Analyst Actions
- 9/19/24 - UBS
PLCE
Sec Filings
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- PLCE's page on the SEC website