Is Carter's (CRI) Stock Outpacing Its Consumer Discretionary Peers This Year?

Group 1 - Carter's (CRI) is currently outperforming its peers in the Consumer Discretionary sector, with a year-to-date return of 29.3% compared to the sector's average return of -4.6% [4] - The Zacks Rank for Carter's is 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook, with the consensus estimate for full-year earnings increasing by 10.4% over the past three months [3] - Carter's belongs to the Shoes and Retail Apparel industry, which is ranked 89 in the Zacks Industry Rank, and has performed better than this group, which has seen a loss of about 0.6% year-to-date [5] Group 2 - The Consumer Discretionary sector includes 255 individual stocks and currently holds a Zacks Sector Rank of 9, reflecting the average Zacks Rank of the stocks within the sector [2] - Another stock in the Consumer Discretionary sector, Dolby Laboratories (DLB), has a year-to-date return of 0.1% and a Zacks Rank of 2 (Buy), with a consensus EPS estimate increase of 1.4% over the past three months [4][5] - The Audio Video Production industry, where Dolby Laboratories is categorized, has a Zacks Industry Rank of 11 and has declined by 15.7% since the beginning of the year [6]