PLCE FY 2018 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2018 Earnings

Reported March 21, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2018	Prior Q	FY 2017	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.9B	—	3.6%
Op. Income	$116M	—	$168M	—	-30.6%
Gross Margin	31.7%	—	34.4%	—	-2.7pp
Net Margin	5.2%	—	4.5%	—	0.7pp
EPS (Diluted)	$6.01	—	$4.67	—	28.7%
Free Cash Flow	$69M	—	$156M	—	-55.8%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.3B
GROSS PROFIT	$615M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$498M
Other Expenses	$0
Operating Expenses	$498M
Cost & Expenses	$1.8B
OPERATING INCOME	$116M
Interest Income	$730.0K
Interest Expense	$4M
Other Income/Expenses	-$8M
INCOME BEFORE TAX	$109M
Income Tax Expense	$8M
Net Income from Continuing Ops	$101M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$101M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$101M
D&A	$69M
EBIT	$112M
EBITDA	$181M
EPS	$6
EPS Diluted	$6

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.3B
GROSS PROFIT	$615M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$498M
Other Expenses	$0
Operating Expenses	$498M
Cost & Expenses	$1.8B
OPERATING INCOME	$116M
Interest Income	$730.0K
Interest Expense	$4M
Other Income/Expenses	-$8M
INCOME BEFORE TAX	$109M
Income Tax Expense	$8M
Net Income from Continuing Ops	$101M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$101M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$101M
D&A	$69M
EBIT	$112M
EBITDA	$181M
EPS	$6
EPS Diluted	$6

Cash Flow Statement

Item	Amount
Net Income	$101M
Depreciation & Amortization	$69M
Stock-Based Compensation	$27M
Deferred Income Tax	-$6M
Other Non-Cash Items	$7M
Change in Working Capital	-$59M
OPERATING CASH FLOW	$140M
Capital Expenditure	-$71M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$15M
Other Investing Activities	-$749.0K
NET CASH FROM INVESTING	-$57M
Net Debt Issuance	$27M
Common Stock Repurchased	-$254M
Common Dividends Paid	-$33M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$259M
FREE CASH FLOW	$69M
Net Change in Cash	-$175M

Balance Sheet

Item	Amount
Cash & Equivalents	$69M
Short-Term Investments	$0
Net Receivables	$35M
Inventory	$303M
Other Current Assets	$7M
TOTAL CURRENT ASSETS	$435M
PP&E (Net)	$260M
Goodwill	$0
Intangible Assets	$0
Long-Term Investments	$0
Tax Assets	$18M
Other Non-Current Assets	$14M
TOTAL NON-CURRENT ASSETS	$292M
TOTAL ASSETS	$727M
Account Payables	$195M
Short-Term Debt	$49M
Deferred Revenue	$4M
Other Current Liabilities	$70M
TOTAL CURRENT LIABILITIES	$331M
Long-Term Debt	$0
Deferred Revenue NC	$7M
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$74M
TOTAL NON-CURRENT LIABILITIES	$81M
TOTAL LIABILITIES	$413M
Common Stock	$2M
Additional Paid-In Capital	$147M
Retained Earnings	$181M
Treasury Stock	-$3M
Accum. Other Comp. Income	-$12M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$314M
Minority Interest	$0
TOTAL EQUITY	$314M
TOTAL LIABILITIES & EQUITY	$727M
Total Debt	$49M
Net Debt	-$20M