Children's Place Cuts Q4 Profit Forecast

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Children's Place Retail Stores Inc
PLCE
cut its fourth-quarter earnings forecast. Children's Place now expects Q4 income of $0.85 to $0.90 per share, versus its earlier forecast of $1.19 to $1.24 per share. Children's Place shares dipped 5.22% to $50.30 in pre-market trading.
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