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Children's Place delivers sales growth, but income slips


Secaucus, N.J. -- The Children's Place Retail Stores reported Thursday a loss of $15.1 million, widened from a loss of $9.8 million in the same quarter last year.

Second quarter net sales increased 5% to $360.8 million, compared with $343.5 million in second quarter 2011. Same-store sales grew 3.4%.

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