Kids clothing retailer Children's Place Q3 sales drop 13% amid e-commerce challenges

Overview

• Children's retailer's fiscal Q3 net sales fell 13% yr/yr due to e-commerce challenges

• Company opened five new stores in Q3, plans further expansion

• Company completed refinancing to improve liquidity and support growth strategies

Outlook

• Children's Place plans 15-20 new stores in H1 fiscal 2026

• Company expects $25-30 mln tariff impact in H1 fiscal 2026

Result Drivers

• E-COMMERCE CHALLENGES - Co cited volatility in e-commerce business as a major factor in Q3 sales decline

• NEW STORE PERFORMANCE - New stores outperformed existing ones, driving 2% growth in comparable sales

Key Details

Analyst Coverage

• The one available analyst rating on the shares is "hold"

• The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

• Wall Street's median 12-month price target for Children's Place Inc is $8.00, about 10.5% above its December 15 closing price of $7.24

Press Release: ID:nGNX8r7mjK

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