---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-010934"
form_type: "8-K"
ticker: "PLCE"
cik: "0001041859"
company_name: "Childrens Place, Inc."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-19T23:43:58.312188+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Children's Place Q4 preliminary net loss $52-57M vs prior profit guidance; sales down ~10%

## Summary
- Net loss expected $52-57M vs prior guidance of adjusted EPS $0.50-$0.75; adjusted loss per share ($4.02)-($4.41).
- Net sales ~$454-456M, down ~10% YoY; operating loss margin (14.2%)-(15.6%).
- Blames macro challenges for core customers, higher input costs ($125M total burden from cotton, airfreight, container costs).
- Input cost relief in 2023: cotton down ~40%, container costs near pre-pandemic, airfreight eliminated; expects back-half operating margin >10%.
- New CFO Sheamus Toal highlighted; inventory up only 5.5-6.5% YoY vs 24% at Q3 end, healthier position.

## SEC filing metadata
- accession: 0001104659-23-010934
- form_type: 8-K
- ticker: PLCE
- cik: 0001041859
- company_name: Childrens Place, Inc.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041859/000110465923010934/0001104659-23-010934-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041859/000110465923010934/tm235580d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-010934
- JSON: https://secwatch.observer/filing/0001104659-23-010934.json
- Plain text: https://secwatch.observer/filing/0001104659-23-010934.txt

## Key facts
- Earnings Releases
  Childrens Place, Inc. reported the fiscal quarter ended January 28, 2023 results: revenue approximately $454 million to $456 million, net income ($52) million to ($57) million, EPS ($4.24) to ($4.63). Guidance lowered.
  - Period: the fiscal quarter ended January 28, 2023
  - Revenue: approximately $454 million to $456 million
  - Net income: ($52) million to ($57) million
  - EPS: ($4.24) to ($4.63)
  - Guidance: lowered
  - Result: preliminary results
  source text: closing process and its independent audit, the Company now expects to report the following results for the fourth quarter of 2022: • Net sales are expected to be approximately $454 million to $456 million, versus the Company’s prior guidance of $460 million at the low end, and down approximately $52 million to $54 million, or down approximately 10.2% to 10.6%,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041859/000110465923010934/0001104659-23-010934-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
