Children's Place Files 8-K on Financials
Ticker: PLCE · Form: 8-K · Filed: Sep 11, 2024 · CIK: 1041859
Sentiment: neutral
Topics: financial-condition, results-of-operations, filing
TL;DR
Children's Place dropped an 8-K on financials, check it for the latest numbers.
AI Summary
On September 11, 2024, The Children's Place, Inc. filed an 8-K report. The filing primarily concerns the company's financial condition and results of operations. It also includes information on financial statements and exhibits.
Why It Matters
This filing provides investors with crucial updates on The Children's Place's financial performance and operational status, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine filing providing financial updates and does not indicate any immediate or significant risks.
Key Players & Entities
- The Children's Place, Inc. (company) — Registrant
- September 11, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 500 Plaza Drive, Secaucus, New Jersey 07094 (address) — Principal Executive Offices
- 201-558-2400 (phone_number) — Registrant's Telephone Number
FAQ
What is the primary purpose of this 8-K filing for The Children's Place, Inc.?
The primary purpose of this 8-K filing is to report on the company's Results of Operations and Financial Condition, as well as to provide Financial Statements and Exhibits.
On what date was this 8-K report filed or effective?
The report was filed as of September 11, 2024, and the date of the earliest event reported is also September 11, 2024.
In which state is The Children's Place, Inc. incorporated?
The Children's Place, Inc. is incorporated in Delaware.
What is the address of The Children's Place, Inc.'s principal executive offices?
The address of the principal executive offices is 500 Plaza Drive, Secaucus, New Jersey 07094.
Does the filing mention any former company name or address changes?
The filing notes that there is 'Not Applicable' for former name or former address, if changed since last report, indicating no recent changes in these areas.
Filing Stats: 1,111 words · 4 min read · ~4 pages · Grade level 16.4 · Accepted 2024-09-11 08:01:17
Key Financial Figures
- $0.10 — ange on which registered Common Stock, $0.10 par value PLCE NASDAQ Global Select M
Filing Documents
- tm2423741d1_8k.htm (8-K) — 31KB
- tm2423741d1_ex99-1.htm (EX-99.1) — 173KB
- tm2423741d1_ex99-1img001.jpg (GRAPHIC) — 4KB
- 0001104659-24-098778.txt ( ) — 397KB
- plce-20240911.xsd (EX-101.SCH) — 3KB
- plce-20240911_lab.xml (EX-101.LAB) — 33KB
- plce-20240911_pre.xml (EX-101.PRE) — 22KB
- tm2423741d1_8k_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On September 11, 2024, the Company issued a press release containing the Company's financial results for the second quarter of the fiscal year ending February 1, 2025 ("Fiscal 2024"). A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. The preliminary unaudited information in this Current Report is being furnished pursuant to Item 2.02 of Form 8-K, insofar as it discloses historical information regarding the Company's results of operations and financial condition as of and for the second quarter of Fiscal 2024. In accordance with General Instruction B.2 of Form 8-K, such information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as shall be expressly set forth by specific reference in such a filing.
01 Financial Statement and Exhibits
Item 9.01 Financial Statement and Exhibits. (d) Exhibits Exhibit 99.1 Press Release, dated September 11, 2024, issued by the Company (Exhibit 99.1 is furnished as part of this Current Report on Form 8-K). Exhibit 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document. 2
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K, including Exhibit 99.1, contains or may contain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements relating to the Company's strategic initiatives and results of operations, including adjusted net income (loss) per diluted share. Forward-looking statements typically are identified by use of terms such as "may," "will," "should," "plan," "project," "expect," "anticipate," "estimate" and similar words, although some forward-looking statements are expressed differently. These forward-looking statements are based upon the Company's current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. Some of these risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission, including in the "Risk Factors" section of its annual report on Form 10-K for the fiscal year ended February 3, 2024. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unable to achieve operating results at levels sufficient to fund and/or finance the Company's current level of operations and repayment of indebtedness, the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Company's business and its dependence on consumer spending patterns, which may be affected by changes in economic conditions (including inflation), the risk that changes in the Company's plans and strategies with respect to pricing, capital allocation, capital structure, investor communications and/or operations may have a negative effect on the Company's business, the risk that the Company's strategic initiative