SEGMENT INFORMATION (Tables)

9 Months Ended

Nov. 02, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting

The following table provides segment level financial information:

	Thirteen Weeks Ended				Thirty-nine Weeks Ended
	November 2, 2024		October 28, 2023		November 2, 2024		October 28, 2023
	(in thousands)
Net sales:
The Children’s Place U.S.	$	356,163	$	441,865	$	894,744	$	1,048,568
The Children’s Place International (1)	34,010		38,369		82,962		98,906
Total net sales	$	390,173	$	480,234	$	977,706	$	1,147,474
Operating income (loss):
The Children’s Place U.S.	$	28,120	$	38,551	$	(15,531)	$	(26,216)
The Children’s Place International (1)	1,138		6,416		(4,975)		4,174
Total operating income (loss)	$	29,258	$	44,967	$	(20,506)	$	(22,042)
Operating income (loss) as a percentage of net sales:
The Children’s Place U.S.	7.9%		8.7%		(1.7%)		(2.5)%
The Children’s Place International (1)	3.3%		16.7%		(6.0%)		4.2%
Total operating income (loss) as a percentage of net sales	7.5%		9.4%		(2.1%)		(1.9)%
Depreciation and amortization:
The Children’s Place U.S.	$	8,613	$	10,868	$	27,102	$	32,852
The Children’s Place International	653		864		3,304		2,682
Total depreciation and amortization	$	9,266	$	11,732	$	30,406	$	35,534
Capital expenditures:
The Children’s Place U.S.	$	2,949	$	6,217	$	15,347	$	24,359
The Children’s Place International	497		—		577		10
Total capital expenditures	$	3,446	$	6,217	$	15,924	$	24,369

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(1)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.