PLCE — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-06-12

• As part of the Company’s transformation, we are introducing the following strategic priorities this quarter to drive long-term growth and profitability:

• 1) Improve Customer Experience Across All Channels by focusing on the target consumer; providing a strong price/value proposition; delivering compelling and convenient omni-channel experiences; and enhancing store and brand site environments.

• 2) Strengthen and Elevate the Brand by delivering appealing product that resonates with our customer; building a compelling, consistent brand narrative that drives awareness, consideration and desire; establishing a distinctive, ownable visual and creative identity across every customer touchpoint; …

• 3) Deliver on Financial Targets through strengthening financial performance by driving topline growth and profitability and improving liquidity; ensuring financial and operating plans are aligned with the business strategy and are executed with operational discipline, optimizing our product assortme…

• 4) Organizational Leadership through building leadership capability and bench strength; strengthening decision-making and execution accountability; driving clear, consistent communication; and driving cultural engagement and performance alignment.

Text removed vs the prior filing · source: 10-Q · 2025-12-16

• •Third Quarter 2025 — The thirteen weeks ended November 1, 2025

• •Third Quarter 2024 — The thirteen weeks ended November 2, 2024

• •Year-To-Date 2025 — The thirty-nine weeks ended November 1, 2025

• •Year-To-Date 2024 — The thirty-nine weeks ended November 2, 2024

• Macroeconomic conditions, including inflationary pressures, higher interest rates, tariffs, and other domestic and geopolitical factors, continued to adversely affect our core customer. During the Third Quarter 2025, these pressures contributed to a decrease in consumer discretionary apparel purchas…

Text added vs the prior filing · source: 10-Q · 2026-06-12

• The SLR Term Loan bears interest, payable monthly, (a) until June 16, 2026, at the SOFR per annum plus 5.250% for any portion that is a SOFR loan, or at the base rate per annum plus 4.250% for any portion that is a base rate loan; or (b) from and after June 17, 2026, at the SOFR per annum plus 5.250…

• The New Mithaq Term Loan requires monthly payments equivalent to interest charged at the SOFR per annum plus 4.000%, with the first year’s monthly payments to Mithaq deferred until April 30, 2025. On April 28, 2025, the Company and Mithaq entered into Amendment No. 1 to the New Mithaq Term Loan prom…

• As of May 2, 2026, we had no borrowings under our Mithaq Credit Facility. If any debt is incurred under the Mithaq Credit Facility, it shall require monthly payments equivalent to interest charged at the SOFR per annum plus 9.000%.

• A 10% change in the base rate or SOFR would not have had a material impact on our interest expense for any of our indebtedness described above.

• Assets and liabilities outside the United States are primarily located in Canada and Hong Kong, where our investments in our subsidiaries are considered long-term. As of May 2, 2026, net liabilities in Canada and Hong Kong amounted to $21.2 million. A 10% increase or decrease in the Canadian and Hon…

Text removed vs the prior filing · source: 10-Q · 2025-12-16

• The New Mithaq Term Loan requires monthly payments equivalent to interest charged at the SOFR per annum plus 4.000% per annum, with the first year’s monthly payments to Mithaq deferred until April 30, 2025. On April 28, 2025, the Company and Mithaq entered into Amendment No. 1 to the New Mithaq Term…

• As of November 1, 2025, we had no borrowings under our Mithaq Credit Facility. If any debt is incurred under the Mithaq Credit Facility, it shall require monthly payments equivalent to interest charged at the SOFR plus 5.000% per annum. Pursuant to our recent refinancing transactions, the Mithaq Cre…

• On December 16, 2025, the Company and certain of its subsidiaries entered into the SLR Loan Agreement with SLR for a $100.0 million SLR Term Loan. The SLR Term Loan bears interest, payable monthly, (a) until June 16, 2026, at the SOFR per annum plus 5.250% for any portion that is a SOFR loan, or at …

• Assets and liabilities outside the United States are primarily located in Canada and Hong Kong, where our investments in our subsidiaries are considered long-term. As of November 1, 2025, net liabilities in Canada and Hong Kong amounted to $13.2 million. A 10% increase or decrease in the Canadian an…

• As of November 1, 2025, we had $4.9 million of our cash and cash equivalents held in foreign subsidiaries, of which $1.7 million was in Canada, $1.0 million was in India, $0.7 million was in China, $0.6 million was in Mauritius, $0.6 million was in Hong Kong, and $0.3 million was held in other forei…