---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-098778"
form_type: "8-K"
ticker: "PLCE"
cik: "0001041859"
company_name: "Childrens Place, Inc."
filed_at: "2024-09-11T23:59:59+00:00"
generated_at: "2026-05-31T05:23:00.165176+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Children's Place Q2 adjusted net income $0.30/sh; gross margin up 960bps to 35%

## Summary
- Net sales $319.7M, down 7.5% YoY; gross margin improved 960 bps to 35.0%.
- Adjusted operating income $14.2M (improvement of $39.2M vs prior-year loss); first profit after two years of losses.
- Adjusted net income $3.9M ($0.30 diluted EPS) after two years of losses vs adj. net loss of $(26.5)M ($(2.12)) last year.
- Non-cash impairment of $28M on Gymboree tradename due to reduced sales forecasts.
- Stores posted positive comparable sales for first time in ten quarters; wholesale up double-digits.

## SEC filing metadata
- accession: 0001104659-24-098778
- form_type: 8-K
- ticker: PLCE
- cik: 0001041859
- company_name: Childrens Place, Inc.
- filed_at: 2024-09-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1041859/000110465924098778/0001104659-24-098778-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041859/000110465924098778/tm2423741d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-098778
- JSON: https://secwatch.observer/filing/0001104659-24-098778.json
- Plain text: https://secwatch.observer/filing/0001104659-24-098778.txt

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