Carter's Points To Declining U.S. Birth Rates As Drag on Sales -- Market Talk

Dow Jones

Feb 26

1305 ET - The children's apparel market isn't bouncing back anytime soon, Carter's Interim CEO Richard Westenberger says on a call with analysts. Overall, the company's performance has been more challenging in the past few years since emerging from the pandemic, Westenberger says. Carter's sales, particularly the U.S. retail business, are being hit by a declining birth rate among Americans and a shift of consumer shopping behavior in favor of mass channel retailers. In addition, high inflation has had a significant impact on Carter's target market of families with young children, the executive says. On average, since 2019, the young children's apparel market has grown less than 1%, Westenberger says. Carter's tumbles 16%. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

February 25, 2025 13:05 ET (18:05 GMT)

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Overall, the company's performance has been more challenging in the past few years since emerging from the pandemic, Westenberger says. Carter's sales, particularly the U.S. retail business, are being hit by a declining birth rate among Americans and a shift of consumer shopping behavior in favor of mass channel retailers. In addition, high inflation has had a significant impact on Carter's target market of families with young children, the executive says. On average, since 2019, the young children's apparel market has grown less than 1%, Westenberger says. Carter's tumbles 16%. (sabela.ojea@wsj.com; @sabelaojeaguix) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 25, 2025 13:05 ET (18:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Carter's Points To Declining U.S. Birth Rates As Drag on Sales -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCarter's Points To Declining U.S. Birth Rates As Drag on Sales -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-26 02:05</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1305 ET - The children's apparel market isn't bouncing back anytime soon, Carter's Interim CEO Richard Westenberger says on a call with analysts. Overall, the company's performance has been more challenging in the past few years since emerging from the pandemic, Westenberger says. Carter's sales, particularly the U.S. retail business, are being hit by a declining birth rate among Americans and a shift of consumer shopping behavior in favor of mass channel retailers. In addition, high inflation has had a significant impact on Carter's target market of families with young children, the executive says. On average, since 2019, the young children's apparel market has grown less than 1%, Westenberger says. Carter's tumbles 16%. (sabela.ojea@wsj.com; @sabelaojeaguix) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 25, 2025 13:05 ET (18:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRI","symbol_name":"卡特","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514501701","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514501701","pubTimestamp":1740506700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1305 ET - The children's apparel market isn't bouncing back anytime soon, Carter's Interim CEO Richard Westenberger says on a call with analysts. Overall, the company's performance has been more challenging in the past few years since emerging from the pandemic, Westenberger says. Carter's sales, particularly the U.S. retail business, are being hit by a declining birth rate among Americans and a shift of consumer shopping behavior in favor of mass channel retailers. In addition, high inflation has had a significant impact on Carter's target market of families with young children, the executive says. On average, since 2019, the young children's apparel market has grown less than 1%, Westenberger says. Carter's tumbles 16%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CRI":"卡特","PCOM":"Points International"},"translate_title":"卡特指出美国出生率下降拖累销售——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PCOM":1,"CRI":1},"content_text":"1305 ET - The children's apparel market isn't bouncing back anytime soon, Carter's Interim CEO Richard Westenberger says on a call with analysts. Overall, the company's performance has been more challenging in the past few years since emerging from the pandemic, Westenberger says. Carter's sales, particularly the U.S. retail business, are being hit by a declining birth rate among Americans and a shift of consumer shopping behavior in favor of mass channel retailers. In addition, high inflation has had a significant impact on Carter's target market of families with young children, the executive says. On average, since 2019, the young children's apparel market has grown less than 1%, Westenberger says. Carter's tumbles 16%. (sabela.ojea@wsj.com; @sabelaojeaguix) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 25, 2025 13:05 ET (18:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}