<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF THE CHILDREN'S PLACE RETAIL STORES, INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JAN-29-2000 <PERIOD-START> MAY-02-1999 <PERIOD-END> JUL-31-1999 <CASH> 1,722 <SECURITIES> 0 <RECEIVABLES> 5,063 <ALLOWANCES> 0 <INVENTORY> 46,438 <CURRENT-ASSETS> 69,780 <PP&E> 95,825 <DEPRECIATION> 24,900 <TOTAL-ASSETS> 148,293 <CURRENT-LIABILITIES> 53,183 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,533 <OTHER-SE> 89,026 <TOTAL-LIABILITY-AND-EQUITY> 91,559 <SALES> 73,920 <TOTAL-REVENUES> 73,920 <CGS> 47,123 <TOTAL-COSTS> 21,622 <OTHER-EXPENSES> 40 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> (39) <INCOME-PRETAX> 2,283 <INCOME-TAX> 881 <INCOME-CONTINUING> 1,402 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,402 <EPS-BASIC> 0.06 <EPS-DILUTED> 0.05