The Children’s Place Reports Third 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
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, President and Interim Chief Executive Officer said, “During the third quarter, we continued our efforts to improve the profitability of the business and provide a foundation for future growth and we were able to achieve a second consecutive quarter of adjusted profits. As we previously discussed, we anticipated our strategic changes would provide pressure to topline sales, however we are laser focused on profitability and willing to proactively sacrifice
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PLCE
Earnings
- 6/12/24 - Miss
PLCE
Analyst Actions
- 11/18/24 - UBS
PLCE
Sec Filings
- 12/20/24 - Form 3
- 12/19/24 - Form S-1/A
- 12/17/24 - Form 8-K
- PLCE's page on the SEC website