PLCE: Q2 2026 sales fell 18.9% year-over-year, with losses widening despite tariff refunds
Net sales declined 18.9% year-over-year in Q2 2026, with gross margin buoyed by $39 million in tariff refunds, but operating and net losses widened due to lower sales and higher SG&A as a percentage of sales. Liquidity remains adequate, and management expects ongoing macroeconomic pressures to pers…
9% year-over-year in Q2 2026, with gross margin buoyed by $39 million in tariff refunds, but operating and net losses widened due to lower sales and higher SG&A as a percentage of sales. Liquidity remains adequate, and management expects ongoing macroeconomic pressures to pers…