Is Carter's Wholesale Segment Weakness Dragging Overall Growth?

Key Takeaways CRI net sales slipped 0.1% as U.S. Wholesale declines offset growth in U.S. Retail and International.CRI saw U.S. Wholesale pressured by weaker demand for Simple Joys on Amazon.CRI expects low-single-digit U.S. Wholesale declines in Q4, with gains in the rest of the portfolio.Carter’s, Inc.’s (CRI) overall growth continues to be constrained by weakness in U.S. Wholesale, where declines, particularly related to Amazon’s Simple Joys brand, have largely offset gains achieved in U.S. Retail and In ...