(Reuters) - Children's Place said lower-than-expected sales trends at its Children's Place and Disney Store chains have forced it to take more markdowns than planned, hurting gross margins.
Sales at stores open at least a year, the closely watched metric known as same-store sales, fell 4 percent at The Children's Place and 3 percent at the Disney Store chain.
Read more at Reuters.com Business News
Sales at stores open at least a year, the closely watched metric known as same-store sales, fell 4 percent at The Children's Place and 3 percent at the Disney Store chain.
Read more at Reuters.com Business News
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