Wednesday, July 11, 2007

UPDATE 1-Children's Place June sales up 2 pct

(Reuters) - On Monday, the apparel retailer reported a 4 percent drop
in its June sales at its stores open at least a year and
lowered its second-quarter outlook, dropping its shares to
their lowest point in more than a year.




Children's Place said it expects a net loss of 94 to 98
cents per share, including $2 million in costs related to a
stock option investigation, for the second quarter ending Aug.
4.


Read more at Reuters.com Market News

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