third quarter news and archive

The Children’s Place reports ‘significant improvement’ in gross profit margin to 35% in Q3

The Children’s Place, Inc., an omnichannel children’s specialty portfolio of brands, reported a decrease of 18.8 percent in net sales to 390.2 million dollars for its third quarter, compared to 480.2 million dollars for the three months that ended October 28, 2023. For the three months ending November 2, 2024, net income was 20.1 million...

Report|ANALYSIS

Next continues to battle 'miserable' sales conditions

London - Earlier this year, high street fashion retailer Next predicted a challenging year ahead and a difficult third quarter - and so far its results have proven this statement to be true. For its third quarter to October 31, total sales dropped 3.5 per cent and retail sales declined 5.9 per cent. Full price sales for the year were also down...