The Children's Place gains 4.5% on flat September sales
The Children's Place Retail Stores Inc. (Nasdaq:PLCE) rose 4.5% this morning after the company reported flat sales for September, while many other retailers were posting lower sales.
The Secaucus, N.J.-based children’s apparel retailer said before the bell this morning that comparable-store sales were flat and net sales were up 2% compared with last year.
By midday, The Children’s Place is at $31.75, up $1.36 from Tuesday’s close. The stock has traded between $14.92 and $43.40 in the past year.
For detailed price information and news stories on The Children’s Place, click PLCE.
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