Children's Place (PLCE) Comps Fall 2%, But Raises Q3 EPS View Well Above the Street
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The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) sees third quarter EPS of $1.35-$1.39, well above the consensus of $0.97.
Comparable retail sales, which include online sales, declined 2% in October. Comparable store sales declined 5% in the U.S. and declined 3% in Canada, while online sales increased 36%.
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