SEGMENT INFORMATION (Tables)

3 Months Ended

May 04, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting

The following table provides segment level financial information:

	Thirteen Weeks Ended
	May 4, 2024		April 29, 2023
	(in thousands)
Net sales:
The Children’s Place U.S.	$	246,188	$	293,486
The Children’s Place International (1)	21,690		28,154
Total net sales	$	267,878	$	321,640
Operating loss:
The Children’s Place U.S.	$	(23,979)	$	(28,027)
The Children’s Place International	(4,009)		(2,040)
Total operating loss	$	(27,988)	$	(30,067)
Operating loss as a percentage of net sales:
The Children’s Place U.S.	(9.7%)		(9.5%)
The Children’s Place International	(18.5%)		(7.2%)
Total operating loss as a percentage of net sales	(10.4%)		(9.3%)
Depreciation and amortization:
The Children’s Place U.S.	$	9,654	$	10,905
The Children’s Place International	1,981		943
Total depreciation and amortization	$	11,635	$	11,848
Capital expenditures:
The Children’s Place U.S.	$	4,678	$	10,972
The Children’s Place International	16		10
Total capital expenditures	$	4,694	$	10,982

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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.