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Shares of Children's Place (NASDAQ:PLCE) slump, down 5.9% premarket, after the retailer issues...

Mar. 26, 2013 7:51 AM ETThe Children's Place, Inc. (PLCE) StockPLCEBy: Clark Schultz, SA News Editor

Shares of Children's Place (NASDAQ:PLCE) slump, down 5.9% premarket, after the retailer issues guidance for Q1 well-below the estimates of analysts. The company expects sales to fall off at a negative high single-digit pace during the period.

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