The Children's Place Retail Stores Inc announced sales of $123.0 million for the five-week period ended July 5, 2008, a 23% increase compared to sales of $99.7 million for the five-week period ended July 7, 2007.
Comparable store sales increased 16% compared to a 4% decrease last year. During June 2008, the Company closed two stores.
In conjunction with today's June sales release, you are invited to listen to the Company's pre-recorded monthly sales call, which will be available beginning at 7:30 a.m. Eastern Time July 10 through Thursday, July 17, 2008. You may listen through the Investor Relations section of the Company's website.
The Children's Place Retail Stores Inc is a leading specialty retailer of children's merchandise. The Company designs, contracts to manufacture and sells high-quality, value-priced merchandise under the proprietary "The Children's Place" brand name.