The Children's Place(PLCE) - 2025 Q2 - Quarterly Results
The Children's Place(PLCE)2024-09-11 12:01
Exhibit 99.1 THE CHILDREN'S PLACE REPORTS SECOND QUARTER 2024 RESULTS 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 $28 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, New Jersey – September 11, 2024 – The Children's Place, Inc. (Nasdaq: PLCE), an omni ...