The Children’s Place experienced a 9.6% decline in net sales and a net loss of $34 million for Q1 2025. Both online and in-store performance suffered due to macroeconomic headwinds, with comparable retail sales down 13.6%. Management emphasized cost control and inventory repositioning while warning of continued pressure ahead.
The Children’s Place saw revenue decline in Q4-24 due to strategic cuts in unprofitable e-commerce promotions and reduced store footprint. However, gross margins improved, SG&A was at a 15-year low, and adjusted operating income turned positive.
The Children's Place reported Q4 GAAP earnings per diluted share of $1.61, compared to $0.74 in Q4 2018. Adjusted earnings per diluted share were $1.85, versus $1.10 in Q4 2018. Net sales decreased 3.3% to $513.0 million. The company is deferring fiscal 2020 guidance due to uncertainty related to the COVID-19 pandemic.