The tables below present certain segment information, including significant segment expenses, for our reportable segments for the periods indicated:


	Fiscal Year Ended January 31, 2026
	The Children’s Place U.S.		The Children’s Place International (1)		Total
	(in thousands)
Net sales	$	1,103,459	$	105,371	$	1,208,830
Cost of sales (2)	761,011		86,261		847,272
Selling, general, and administrative expenses (3)	381,932		34,834		416,766
Other segment expenses (4)	2,004		—		2,004
Segment operating loss	$	(41,488)	$	(15,724)	$	(57,212)
Segment operating loss as a percentage of net sales	(3.8)%		(14.9)%		(4.7)%


	Fiscal Year Ended February 1, 2025
	The Children’s Place U.S.		The Children’s Place International (1)		Total
	(in thousands)
Net sales	$	1,266,500	$	119,769	$	1,386,269
Cost of sales (2)	836,351		90,457		926,808
Selling, general, and administrative expenses (3)	405,895		39,267		445,162
Other segment expenses (4)	28,000		—		28,000
Segment operating loss	$	(3,746)	$	(9,955)	$	(13,701)
Segment operating loss as a percentage of net sales	(0.3)%		(8.3)%		(1.0)%


	Fiscal Year Ended February 3, 2024
	The Children’s Place U.S.		The Children’s Place International (1)		Total
	(in thousands)
Net sales	$	1,457,352	$	145,156	$	1,602,508
Cost of sales (2)	1,058,423		98,811		1,157,234
Selling, general, and administrative expenses (3)	450,868		43,661		494,529
Other segment expenses (4)	34,543		—		34,543
Segment operating income (loss)	$	(86,482)	$	2,684	$	(83,798)
Segment operating income (loss) as a percentage of net sales	(5.9)%		1.8%		(5.2)%

___________________________________________

(1)The Company’s foreign subsidiaries, primarily in Canada, have operating results based in foreign currencies and are thus subject to the fluctuations of the corresponding translation rates into U.S. dollars.

(2)Cost of sales includes the cost of inventory sold, certain buying, design, and distribution expenses, shipping and handling costs on merchandise sold directly to customers, and all occupancy costs, except for administrative office buildings.

(3)Selling, general, and administrative expenses include store expenses, marketing, corporate payroll, including long-term incentive compensation, information technology, other administrative expenses, and depreciation and amortization.

The table below presents a reconciliation of reportable segment operating loss to Loss before provision (benefit) for income taxes:


	Fiscal Years Ended
	January 31, 2026		February 1, 2025		February 3, 2024
	(in thousands)
Total segment operating loss	$	(57,212)	$	(13,701)	$	(83,798)
Related party interest expense	(7,607)		(6,493)		—
Other interest expense	(25,516)		(29,301)		(30,087)
Interest income	50		47		87
Loss before provision (benefit) for income taxes	$	(90,285)	$	(49,448)	$	(113,798)

Additional Segment Data


	Fiscal Years Ended
	January 31, 2026		February 1, 2025		February 3, 2024
	(in thousands)
Depreciation and amortization:
The Children’s Place U.S.	$	30,973	$	35,644	$	43,428
The Children’s Place International	2,100		3,968		3,758
Total depreciation and amortization	$	33,073	$	39,612	$	47,186

Capital expenditures:
The Children’s Place U.S.	$	16,696	$	15,245	$	27,462
The Children’s Place International	685		585		97
Total capital expenditures	$	17,381	$	15,830	$	27,559


	Fiscal Years Ended
	January 31, 2026		February 1, 2025
	(in thousands)
Total assets:
The Children’s Place U.S.	$	631,198	$	711,564
The Children’s Place International	39,101		35,988
Total assets	$	670,299	$	747,552