The Children's Place achieves positive July comparable DTC sales, beats revenue forecasts

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Mom fitting a dress on her lovely cheerful daughter in fashion boutique

Images By Tang Ming Tung/DigitalVision via Getty Images

After 18 months in the red, The Children’s Place (NASDAQ:PLCE) finally delivered positive comparable sales growth in July through its direct-to-consumer business. That momentum, along with better-than-expected net sales and a turnaround push, lifted shares more than 8%

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