SEGMENT INFORMATION (Tables)

6 Months Ended

Jul. 29, 2023

The following table provides segment level financial information:


	Thirteen Weeks Ended						Twenty-six Weeks Ended
	July 29, 2023			July 30, 2022			July 29, 2023		July 30, 2022
	(in thousands)
Net sales:
The Children’s Place U.S.	$	313,217		$	341,223		$	606,703	$	669,184
The Children’s Place International (1)	32,382			39,662			60,536		74,051
Total net sales	$	345,599		$	380,885		$	667,239	$	743,235








Operating income (loss):
The Children’s Place U.S.	$	(36,739)		$	(13,943)		$	(64,766)	$	2,926
The Children’s Place International	(202)			114			(2,242)		2,499
Total operating income (loss)	$	(36,941)		$	(13,829)		$	(67,008)	$	5,425
Operating income (loss) as a percentage of net sales:
The Children’s Place U.S.	(11.7		%)	(4.1)		%	(10.7%)		0.4%
The Children’s Place International	(0.6		%)	0.3		%	(3.7%)		3.4%
Total operating income (loss) as a percentage of net sales	(10.7		%)	(3.6)		%	(10.0%)		0.7%
Depreciation and amortization:
The Children’s Place U.S.	$	11,079		$	12,261		$	21,984	$	24,848
The Children’s Place International	874			980			1,817		2,008
Total depreciation and amortization	$	11,953		$	13,241		$	23,801	$	26,856
Capital expenditures:
The Children’s Place U.S.	$	7,170		$	7,612		$	18,142	$	17,969
The Children’s Place International	—			431			10		797
Total capital expenditures	$	7,170		$	8,043		$	18,152	$	18,766

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(1)Net sales from The Children’s Place International are primarily derived from Canadian operations. 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.