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Actionable news in CRI: CARTER'S Inc,

Goldman Favors Carters Over Children's Place In Kids Apparel

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Kids apparel stocks have performed well this year, with shares of Childrens Place Inc PLCE 2.12% and Carter's, Inc. CRI 0.28% gaining 45 percent and 17 percent, respectively, year-to-date. This compares with a mere 1 percent increase in the S&P 500 and a 5 percent increase in the XRT over the same period.

Goldman Sachs has a Buy rating for Carter’s and a Neutral rating for Children’s Place. Analyst Taposh Bari attributed the YTD outperformance of both the stocks to robust SSS growth, continued sales momentum into 2016, declining product costs, favorable competitive...


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