From Yahoo Finance: 2025-06-09 10:45:00

The Children’s Place reported a wider-than-expected loss due to economic conditions and tariff concerns, causing a 30% drop in shares. Revenue fell 10% to $242.1 million, with comparable sales down nearly 14%, mainly attributed to e-commerce revenue decline. Interim CEO Muhammad Umair cited macroeconomic factors like softer consumer sentiment and unseasonable weather impacting sales, along with tariff uncertainty. The company anticipates continued sales pressure for the year, with shares losing over half their value in 2025.



Read more at Yahoo Finance: The Children’s Place Blames Economic Uncertainty, Tariffs for Big Loss