
The Children’s Place Reports First Quarter 2025 Results
created: June 6, 2025, 8:30 p.m. | updated: June 7, 2025, 9:21 p.m.
Gross profit decreased $21.9 million to $70.8 million in the three months ended May 3, 2025, compared to $92.7 million in the three months ended May 4, 2024.
Selling, general, and administrative expenses were $86.7 million in the three months ended May 3, 2025, compared to $109.1 million in the three months ended May 4, 2024.
Provision for income taxes was $1.3 million in the three months ended May 3, 2025, compared to $2.1 million during the three months ended May 4, 2024.
Non-GAAP ReconciliationThe Company’s results are reported in this press release on a GAAP and as adjusted, non-GAAP basis.
Adjusted net loss, adjusted net loss per diluted share, adjusted gross profit, adjusted selling, general, and administrative expenses, and adjusted operating loss are non-GAAP measures, and are not intended to replace GAAP financial information, and may be different from non-GAAP measures reported by other companies.
3 weeks, 2 days ago: News Ticker - markets.businessinsider.com