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Children's Place (Children's Place) Gross Profit : $426 Mil (TTM As of Oct. 2023)


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What is Children's Place Gross Profit?

Children's Place's gross profit for the three months ended in Oct. 2023 was $162 Mil. Children's Place's gross profit for the trailing twelve months (TTM) ended in Oct. 2023 was $426 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Children's Place's gross profit for the three months ended in Oct. 2023 was $162 Mil. Children's Place's Revenue for the three months ended in Oct. 2023 was $480 Mil. Therefore, Children's Place's Gross Margin % for the quarter that ended in Oct. 2023 was 33.74%.

Children's Place had a gross margin of 33.74% for the quarter that ended in Oct. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Children's Place was 41.49%. The lowest was 21.89%. And the median was 35.78%.

Warning Sign:

Children's Place Inc gross margin has been in long-term decline. The average rate of decline per year is -3.2%.


Children's Place Gross Profit Historical Data

The historical data trend for Children's Place's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Children's Place Gross Profit Chart

Children's Place Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 683.60 655.31 333.25 794.74 514.16

Children's Place Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 176.93 79.72 96.46 87.76 162.05

Competitive Comparison of Children's Place's Gross Profit

For the Apparel Retail subindustry, Children's Place's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Children's Place's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Children's Place's Gross Profit distribution charts can be found below:

* The bar in red indicates where Children's Place's Gross Profit falls into.



Children's Place Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Children's Place's Gross Profit for the fiscal year that ended in Jan. 2023 is calculated as

Gross Profit (A: Jan. 2023 )=Revenue - Cost of Goods Sold
=1708.482 - 1194.32
=514

Children's Place's Gross Profit for the quarter that ended in Oct. 2023 is calculated as

Gross Profit (Q: Oct. 2023 )=Revenue - Cost of Goods Sold
=480.234 - 318.182
=162

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $426 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Children's Place's Gross Margin % for the quarter that ended in Oct. 2023 is calculated as

Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=162 / 480.234
=33.74 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Children's Place  (NAS:PLCE) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Children's Place had a gross margin of 33.74% for the quarter that ended in Oct. 2023 => Competition eroding margins


Children's Place Gross Profit Related Terms

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Children's Place (Children's Place) Business Description

Traded in Other Exchanges
Address
500 Plaza Drive, Secaucus, NJ, USA, 07094
Children's Place Inc is pure-play children's specialty apparel retailer in North America. It design, contract to manufacture, sell at retail and wholesale, and license to sell, trend right, high quality merchandise predominantly at value prices, under proprietary The Children's Place, Place, Baby Place, Gymboree, Sugar & Jade, and PJ Place brand names.
Executives
Maegan Markee officer: BRAND PRESIDENT 500 PLAZA DRIVE, SECAUCUS NJ 07094
Alicia Enciso director 1721 VALLEY AVENUE, MCLEAN VA 22101
Jane T Elfers officer: President and CEO C/O THE CHILDRENS PLACE RETAIL STORES, 915 SECAUCUS ROAD, SECAUCUS NJ 07094
Wesley S Mcdonald director
Michael A Shaffer director C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Sheamus Toal officer: SVP, CHIEF FINANCIAL OFFICER 450 W. 33RD STREET, 5TH FLOOR, NEW YORK NY 10001
John E. Bachman director 77 EXETER STREET, 1809, BOSTON MA 02116
Joseph A Alutto director 810 CURLEYS COURT, COLUMBUS OH 43235
Jared Shure officer: SVP, GEN COUNSEL & SECRETARY 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Elizabeth J Boland director C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Deborah Derby officer: CHIEF ADMINISTRATIVE OFFICER TOYS R US INC, 225 SUMMIT AVE, MONTVALE NJ 07645
Katherine Kountze director 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, SECAUCUS NJ 07094
Michael D Rinaldo officer: CHIEF ACCOUNTING OFFICER C/O TIFFANY & CO., 727 FIFTH AVENUE, NEW YORK NY 10022
Leah Swan officer: CHIEF ADMINISTRATIVE OFFICER 500 PLAZA DRIVE, C/O THE CHILDREN'S PLACE, INC., SECAUCUS NJ 07094
Robert F Helm officer: SVP, FINANCE & INV MGMT (CAO) 500 PLAZA DRIVE, THE CHILDREN'S PLACE, SECAUCUS NJ 07094