The Children's Place Retail Stores Inc announced sales of $133.8 million, for the four-week period ended March 3, 2007, an 18% increase compared to sales of $113.8 million for the four-week period ended February 25, 2006. Due to the 53rd week in fiscal 2006, February 2007 comps are compared to the four week period ended March 4, 2006.
On that basis, consolidated comparable store sales increased 5% versus 3% last year. During February, the Company closed one Children's Place store.
In conjunction with today's February 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 today through Thursday, March 15, 2007. You may listen through the Investor Relations section of the Company's website.
The Children's Place plans to report preliminary fourth quarter and fiscal 2006 results on Thursday, March 15, 2007. The Company will host a conference call on that date to be broadcast live at 10:00 a.m. Eastern Time.
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The Children's Place Retail Stores Inc
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