The Children's Place (PLCE) surges 15.35% ahead of earnings report

The Children's Place (PLCE) surged 15.35% today, marking a significant rebound after the share price fell to its lowest level since September 2024, with an intraday decline of 5.45%.

The Children's Place is expected to release its earnings report on Friday after the market close. Analysts anticipate a notable increase in earnings, driven by a year-over-year growth in December store sales and a 40% surge in traffic. This positive outlook is further supported by preliminary Q4 data released in December 2024, which showed a 3.4% increase in sales compared to the same period the previous year. These factors are likely to influence the stock price of The Children's Place (PLCE) in the coming days.