PLCE FY 2021 Earnings Report — The Children's Place, Inc. Revenue & Financial Results | Market Cap Arena

The Children's Place, Inc.PLCE

FY 2021 Earnings

Reported March 25, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2021	Prior Q	FY 2020	QoQ Change	YoY Change
Revenue	$1.9B	—	$1.5B	—	25.8%
Op. Income	$283M	—	-$161M	—	275.5%
Gross Margin	38.5%	—	17.5%	—	21.0pp
Net Margin	9.8%	—	-9.2%	—	19.0pp
EPS (Diluted)	$12.59	—	$-9.59	—	231.3%
Free Cash Flow	$104M	—	-$66M	—	256.8%

Revenue Flow

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.2B
GROSS PROFIT	$738M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$454M
Other Expenses	$0
Operating Expenses	$454M
Cost & Expenses	$1.6B
OPERATING INCOME	$283M
Interest Income	$16.0K
Interest Expense	$19M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$257M
Income Tax Expense	$70M
Net Income from Continuing Ops	$187M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$187M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$187M
D&A	$159M
EBIT	$276M
EBITDA	$435M
EPS	$13
EPS Diluted	$13

Income Statement

Item	Amount
REVENUE	$1.9B
Cost of Revenue	$1.2B
GROSS PROFIT	$738M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$454M
Other Expenses	$0
Operating Expenses	$454M
Cost & Expenses	$1.6B
OPERATING INCOME	$283M
Interest Income	$16.0K
Interest Expense	$19M
Other Income/Expenses	-$26M
INCOME BEFORE TAX	$257M
Income Tax Expense	$70M
Net Income from Continuing Ops	$187M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$187M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$187M
D&A	$159M
EBIT	$276M
EBITDA	$435M
EPS	$13
EPS Diluted	$13

Cash Flow Statement

Item	Amount
Net Income	$187M
Depreciation & Amortization	$58M
Stock-Based Compensation	$31M
Deferred Income Tax	$26M
Other Non-Cash Items	$107M
Change in Working Capital	-$276M
OPERATING CASH FLOW	$133M
Capital Expenditure	-$29M
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$17.0K
NET CASH FROM INVESTING	-$29M
Net Debt Issuance	-$26M
Common Stock Repurchased	-$84M
Common Dividends Paid	$0
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$113M
FREE CASH FLOW	$104M
Net Change in Cash	-$9M

Balance Sheet

Item	Amount
Cash & Equivalents	$55M
Short-Term Investments	$0
Net Receivables	$22M
Inventory	$429M
Other Current Assets	$9M
TOTAL CURRENT ASSETS	$582M
PP&E (Net)	$350M
Goodwill	$0
Intangible Assets	$72M
Long-Term Investments	$0
Tax Assets	$23M
Other Non-Current Assets	$11M
TOTAL NON-CURRENT ASSETS	$456M
TOTAL ASSETS	$1.0B
Account Payables	$184M
Short-Term Debt	$266M
Deferred Revenue	$10M
Other Current Liabilities	$77M
TOTAL CURRENT LIABILITIES	$592M
Long-Term Debt	$50M
Deferred Revenue NC	-$9M
Deferred Tax Liabilities	$9M
Other Non-Current Liabilities	$36M
TOTAL NON-CURRENT LIABILITIES	$220M
TOTAL LIABILITIES	$812M
Common Stock	$1M
Additional Paid-In Capital	$160M
Retained Earnings	$78M
Treasury Stock	-$3M
Accum. Other Comp. Income	-$11M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$225M
Minority Interest	$0
TOTAL EQUITY	$225M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$451M
Net Debt	$396M