PLCE Reports February Total Sales up 78%
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The Children's Place Retail Stores, Inc. (Nasdaq: PLCE) announced total sales of $106.8 million for the four-week period ended February 26, 2005, a 78% increase over sales of $59.9 million for the same period last year. February sales include $25.3 million from the recently acquired Disney Store business in the United States and Canada. Comparable store sales for The Children's Place stores increased 24% on top of a 25% increase in February 2004.
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