Jun. 3 at 12:29 PM
$PLCE Mr. Umair concluded, “Our transformation is creating real operating leverage. We are focused on reducing costs, margin expansion opportunities, and prioritizing free cash flow generation. We have strengthened our liquidity position and now have the financial flexibility to make the strategic investments needed to succeed during our critical back-to-school season. We know what needs to be done, we have a clear plan, and we are executing with urgency.”