The Children's Place Reports Second Quarter 2024 Results
PLCEThe Children's Place(PLCE) GlobeNewswire News Room·2024-09-11 20:00

Significant Improvement in Gross Profit Margin to 35% Lowest Level of SG&A spending in more than 15 Years during Q2 Incurred a Non-Cash Impairment Charge of 28MillionforGymboreeTradenameAdjustedOperatingIncomeof28 Million for Gymboree Tradename Adjusted Operating Income of 14.2 Million after Two Years of Losses during Q2 Positive Adjusted EBITDA, Improving $37.4 Million versus the Prior Year Loss SECAUCUS, N.J., Sept. 11, 2024 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE), an omni-channel children’s specialty portfolio of brands, today announ ...