Tentang Perusahaan

Deskripsi Perusahaan


The Children’s Place is the largest pure-play children’s specialty apparel retailer in North America.  The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise at value prices, primarily under the proprietary “The Children’s Place,” “Place” and “Baby Place” brand names.  As of July 30, 2016, the Company operated 1,064 stores in the United States, Canada and Puerto Rico, an online store at www.childrensplace.com, and had 123 international points of distribution open and operated by its 6 franchise partners in 16 countries.


The Children’s Place continues to enjoy strong financial performance for 2016.  As of July 30, 2016 (Fiscal Year to date), the company’s net sales increased 2.5% to $790.8 million, including the negative impact of approximately $4.0 million from currency exchange rate fluctuations.  On a constant currency basis, net sales were $794.8 million, a 3.0% increase compared to net sales of $771.3 million in the prior year.  Comparable retail sales increased 3.8% in the first half of fiscal 2016.


During the second quarter of 2016, the Company returned approximately $39 million to shareholders through the repurchase of 454,711 shares and its quarterly dividend payment of $0.20 per share.  Year to date, the Company returned approximately $86 million to shareholders compared to approximately $68 million last year. Since 2009, the Company has returned over $710 million to its investors through share repurchases and dividends.  At the end of the second quarter, approximately $192 million remained available for future share repurchases under the Company’s existing share repurchase program.


The Children’s Place continues to demonstrate our ability to deliver on our multi-pronged transformation strategy - superior product, business transformation through technology, global growth through alternate channels of distribution and store fleet optimization - despite the challenging retail environment. 

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