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百胜餐饮集团（LCUT）与Childrens Place, Inc.（PLCE）财务数据对比。点击上方公司名可切换其他公司
Childrens Place, Inc.的季度营收约是百胜餐饮集团的1.7倍（$339.5M vs $204.1M），百胜餐饮集团净利率更高（8.9% vs -1.3%，领先10.2%），百胜餐饮集团同比增速更快（-5.2% vs -13.0%），百胜餐饮集团自由现金流更多（$2.6M vs $-3.4M），过去两年百胜餐饮集团的营收复合增速更高（19.8% vs -13.6%）
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
Children’s Place是专业儿童服饰零售商，产品主要以旗下自有品牌发售，涵盖Gymboree、Sugar & Jade、PJ Place、Crazy 8等。目前该品牌在美国、加拿大、波多黎各共开设约525家门店，同时通过两个线上渠道以及15个国家的5家加盟合作伙伴开展销售，产品涵盖上衣、裙装、鞋履、裤装、睡衣、背包等全品类儿童服饰配件。
LCUT vs PLCE — 直观对比
营收规模更大
PLCE
是对方的1.7倍
$204.1M
营收增速更快
LCUT
高出7.8%
-13.0%
净利率更高
LCUT
高出10.2%
-1.3%
自由现金流更多
LCUT
多$6.0M
$-3.4M
两年增速更快
LCUT
近两年复合增速
-13.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $204.1M | $339.5M |
| 净利润 | $18.2M | $-4.3M |
| 毛利率 | 38.6% | 33.1% |
| 营业利润率 | 9.8% | 1.1% |
| 净利率 | 8.9% | -1.3% |
| 营收同比 | -5.2% | -13.0% |
| 净利润同比 | 103.5% | -121.5% |
| 每股收益（稀释后） | $0.83 | $-0.19 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LCUTPLCE
| Q4 25 | $204.1M | $339.5M | ||
| Q3 25 | $171.9M | $298.0M | ||
| Q2 25 | $131.9M | $242.1M | ||
| Q1 25 | $140.1M | $408.6M | ||
| Q4 24 | $215.2M | $390.2M | ||
| Q3 24 | $183.8M | $319.7M | ||
| Q2 24 | $141.7M | $267.9M | ||
| Q1 24 | $142.2M | $455.0M |
净利润LCUTPLCE
| Q4 25 | $18.2M | $-4.3M | ||
| Q3 25 | $-1.2M | $-5.4M | ||
| Q2 25 | $-39.7M | $-34.0M | ||
| Q1 25 | $-4.2M | $-8.0M | ||
| Q4 24 | $8.9M | $20.1M | ||
| Q3 24 | $344.0K | $-32.1M | ||
| Q2 24 | $-18.2M | $-37.8M | ||
| Q1 24 | $-6.3M | $-128.8M |
毛利率LCUTPLCE
| Q4 25 | 38.6% | 33.1% | ||
| Q3 25 | 35.1% | 34.0% | ||
| Q2 25 | 38.6% | 29.2% | ||
| Q1 25 | 36.1% | 28.5% | ||
| Q4 24 | 37.7% | 35.5% | ||
| Q3 24 | 36.7% | 35.0% | ||
| Q2 24 | 38.5% | 34.6% | ||
| Q1 24 | 40.5% | 21.8% |
营业利润率LCUTPLCE
| Q4 25 | 9.8% | 1.1% | ||
| Q3 25 | 3.9% | 1.4% | ||
| Q2 25 | -28.2% | -10.0% | ||
| Q1 25 | 0.8% | 1.7% | ||
| Q4 24 | 7.2% | 7.5% | ||
| Q3 24 | 4.7% | -6.8% | ||
| Q2 24 | 0.8% | -10.4% | ||
| Q1 24 | 1.3% | -13.6% |
净利率LCUTPLCE
| Q4 25 | 8.9% | -1.3% | ||
| Q3 25 | -0.7% | -1.8% | ||
| Q2 25 | -30.1% | -14.1% | ||
| Q1 25 | -3.0% | -2.0% | ||
| Q4 24 | 4.1% | 5.1% | ||
| Q3 24 | 0.2% | -10.0% | ||
| Q2 24 | -12.8% | -14.1% | ||
| Q1 24 | -4.4% | -28.3% |
每股收益（稀释后）LCUTPLCE
| Q4 25 | $0.83 | $-0.19 | ||
| Q3 25 | $-0.05 | $-0.24 | ||
| Q2 25 | $-1.83 | $-1.57 | ||
| Q1 25 | $-0.19 | $-0.60 | ||
| Q4 24 | $0.41 | $1.57 | ||
| Q3 24 | $0.02 | $-2.51 | ||
| Q2 24 | $-0.85 | $-2.98 | ||
| Q1 24 | $-0.29 | $-10.24 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $4.3M | $7.3M |
| 总债务越低越好 | $135.0M | $107.4M |
| 股东权益账面价值 | $202.3M | $-8.6M |
| 总资产 | $572.6M | $762.5M |
| 负债/权益比越低杠杆越低 | 0.67× | — |
8季度趋势，按日历期对齐
现金及短期投资LCUTPLCE
| Q4 25 | $4.3M | $7.3M | ||
| Q3 25 | $12.1M | $7.8M | ||
| Q2 25 | $12.0M | $5.7M | ||
| Q1 25 | $10.4M | $5.3M | ||
| Q4 24 | $2.9M | $5.7M | ||
| Q3 24 | $6.0M | $9.6M | ||
| Q2 24 | $3.4M | $13.0M | ||
| Q1 24 | $4.6M | $13.6M |
总债务LCUTPLCE
| Q4 25 | $135.0M | $107.4M | ||
| Q3 25 | — | $107.2M | ||
| Q2 25 | — | $107.0M | ||
| Q1 25 | — | $166.0M | ||
| Q4 24 | $142.5M | $165.7M | ||
| Q3 24 | — | $165.4M | ||
| Q2 24 | — | $166.6M | ||
| Q1 24 | — | $49.8M |
股东权益LCUTPLCE
| Q4 25 | $202.3M | $-8.6M | ||
| Q3 25 | $184.6M | $-4.9M | ||
| Q2 25 | $185.8M | $1.4M | ||
| Q1 25 | $225.7M | $-59.4M | ||
| Q4 24 | $229.9M | $-49.6M | ||
| Q3 24 | $220.9M | $-68.9M | ||
| Q2 24 | $219.8M | $-34.9M | ||
| Q1 24 | $223.7M | $-9.0M |
总资产LCUTPLCE
| Q4 25 | $572.6M | $762.5M | ||
| Q3 25 | $581.1M | $805.1M | ||
| Q2 25 | $551.9M | $779.6M | ||
| Q1 25 | $594.6M | $747.6M | ||
| Q4 24 | $634.3M | $888.8M | ||
| Q3 24 | $668.7M | $921.4M | ||
| Q2 24 | $617.0M | $848.3M | ||
| Q1 24 | $602.7M | $800.3M |
负债/权益比LCUTPLCE
| Q4 25 | 0.67× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 75.63× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.62× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $3.7M | $6.2M |
| 自由现金流经营现金流 - 资本支出 | $2.6M | $-3.4M |
| 自由现金流率自由现金流/营收 | 1.3% | -1.0% |
| 资本支出强度资本支出/营收 | 0.6% | 2.8% |
| 现金转化率经营现金流/净利润 | 0.21× | — |
| 过去12个月自由现金流最近4个季度 | $3.3M | $39.5M |
8季度趋势，按日历期对齐
经营现金流LCUTPLCE
| Q4 25 | $3.7M | $6.2M | ||
| Q3 25 | $-22.2M | $-30.5M | ||
| Q2 25 | $9.3M | $-43.0M | ||
| Q1 25 | $16.7M | $121.3M | ||
| Q4 24 | $20.3M | $-44.2M | ||
| Q3 24 | $-22.7M | $-83.9M | ||
| Q2 24 | $10.4M | $-110.8M | ||
| Q1 24 | $10.5M | $135.4M |
自由现金流LCUTPLCE
| Q4 25 | $2.6M | $-3.4M | ||
| Q3 25 | $-22.7M | $-31.9M | ||
| Q2 25 | $8.2M | $-46.4M | ||
| Q1 25 | $15.1M | $121.2M | ||
| Q4 24 | $19.7M | $-47.7M | ||
| Q3 24 | $-23.2M | $-91.7M | ||
| Q2 24 | $9.9M | $-115.5M | ||
| Q1 24 | $9.9M | $132.2M |
自由现金流率LCUTPLCE
| Q4 25 | 1.3% | -1.0% | ||
| Q3 25 | -13.2% | -10.7% | ||
| Q2 25 | 6.2% | -19.2% | ||
| Q1 25 | 10.8% | 29.7% | ||
| Q4 24 | 9.1% | -12.2% | ||
| Q3 24 | -12.6% | -28.7% | ||
| Q2 24 | 7.0% | -43.1% | ||
| Q1 24 | 7.0% | 29.1% |
资本支出强度LCUTPLCE
| Q4 25 | 0.6% | 2.8% | ||
| Q3 25 | 0.3% | 0.5% | ||
| Q2 25 | 0.9% | 1.4% | ||
| Q1 25 | 1.1% | 0.0% | ||
| Q4 24 | 0.3% | 0.9% | ||
| Q3 24 | 0.3% | 2.4% | ||
| Q2 24 | 0.4% | 1.8% | ||
| Q1 24 | 0.4% | 0.7% |
现金转化率LCUTPLCE
| Q4 25 | 0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.28× | -2.20× | ||
| Q3 24 | -65.89× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
PLCE
| The Childrens Place US | $307.4M | 91% |
| The Childrens Place International | $32.1M | 9% |
| Gift Cards | $1.7M | 1% |
