The Children's Place, Inc. reported earnings results for the third quarter and nine months ended November 02, 2024. For the third quarter, the company reported sales was USD 390.17 million compared to USD 480.23 million a year ago. Net income was USD 20.08 million compared to USD 38.48 million a year ago. Basic earnings per share from continuing operations was USD 1.57 compared to USD 3.07 a year ago. Diluted earnings per share from continuing operations was USD 1.57 compared to USD 3.05 a year ago.
For the nine months, sales was USD 977.71 million compared to USD 1,147.47 million a year ago. Net loss was USD 49.83 million compared to USD 25.71 million a year ago. Basic loss per share from continuing operations was USD 3.91 compared to USD 2.06 a year ago. Diluted loss per share from continuing operations was USD 3.91 compared to USD 2.06 a year ago.