There's Big Money in Kids

Children's Place Retail Stores, Inc.

shares are soaring today after the company reported better than expected earnings, and raised its full year outlook. The company reported third quarter earnings of $1.33 per share on $484.1 million in revenues, above Wall Street estimates. It also raised its full year earnings outlook. It now expects earnings of $3.24 to $3.29 per share for the year, versus its earlier forecast of $3.13 to $3.25 per share. At last check, shares of PLCE were up $6.95 to $51.95, a gain of 15.44%‎.