---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-118905"
form_type: "8-K"
ticker: "PLCE"
cik: "0001041859"
company_name: "Childrens Place, Inc."
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T00:48:12.180509+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Children's Place Q3 adjusted EPS $3.22 vs $3.33 YoY; guides Q4 adjusted EPS $0.25-$0.45

## Summary
- Net sales $480.2M (-5.7% YoY); comp retail sales -7.3%; ecommerce 57% of retail sales (was 50%).
- GAAP EPS $3.05, Adjusted EPS $3.22 vs $3.33 YoY; operating income $45.0M vs $57.8M.
- Inventory down 16% to $462M; planning ~64 more store closures in Q4, ending 2023 with ~530 stores.
- Q4 guidance: net sales $460-465M, adjusted EPS $0.25-$0.45; FY23 adjusted loss per share ($0.59)-($0.39).
- Distribution costs up on higher ecommerce volumes, overtime, and 3PL use; interest expense $7.9M vs $3.8M.

## SEC filing metadata
- accession: 0001104659-23-118905
- form_type: 8-K
- ticker: PLCE
- cik: 0001041859
- company_name: Childrens Place, Inc.
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041859/000110465923118905/0001104659-23-118905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041859/000110465923118905/tm2330852-1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-118905
- JSON: https://secwatch.observer/filing/0001104659-23-118905.json
- Plain text: https://secwatch.observer/filing/0001104659-23-118905.txt

## Key facts
- Earnings Releases
  Childrens Place, Inc. reported the third quarter ended October 28, 2023 results: revenue $480.2 million, EPS $3.05. Guidance initiated.
  - Period: the third quarter ended October 28, 2023
  - Revenue: $480.2 million
  - EPS: $3.05
  - Guidance: initiated
  - Result: reported results
  source text: resulting in what we believe will translate into more consistent and sustainable results over time.” 1 Third Quarter 2023 Results Net sales decreased $28.9 million, or 5.7%, to $480.2 million in the three months ended October 28, 2023, compared to $509.1 million in the three months ended October 29, 2022. The decrease in net sales compared to the third quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041859/000110465923118905/0001104659-23-118905-index.htm

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