Carter's Inc is a leading retailer specializing in children's apparel, offering a diverse range of clothing, accessories, and footwear for infants and young children
Known for its high-quality and comfortable products, the company operates a variety of brands, including Carter's, OshKosh B'gosh, and others, catering to the needs of families by providing stylish and functional clothing options. With a strong emphasis on design and innovation, Carter's Inc focuses on creating age-appropriate and trendy outfits, while also promoting value and accessibility through their extensive retail presence and e-commerce platforms. The company prides itself on quality craftsmanship and safety, helping parents dress their children with confidence.
Shares of children’s apparel manufacturer Carter’s (NYSECRI)
fell 18.1% in the morning session after the company reported disappointing Q4 2024 results. Its full-year EPS guidance missed significantly and its EPS guidance for next quarter also fell short of Wall Street's estimates. Revenue was flat, as growth in U.S. Wholesale was offset by declines in U.S. Retail and International segments. Adjusted EBITDA took a hit, with margins shrinking due to higher freight costs and increased promotional spending, which hurt profitability. Management pointed to macroeconomic pressures, high interest rates, and planned pricing investments as ongoing challenges.
Children’s apparel manufacturer Carter’s (NYSECRI) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales were flat year on year at $859.7 million. On the other hand, next quarter’s revenue guidance of $620 million was less impressive, coming in 5.3% below analysts’ estimates. Its non-GAAP profit of $2.39 per share was 24.6% above analysts’ consensus estimates.
Carter's Q4 earnings beat expectations, but the CEO warns that lower pricing, higher product costs, and normalized compensation will impact profitability in the first half of FY25.
Carter’s, Inc. (NYSECRI), the leading company in North America focused exclusively on apparel for babies and young children, today reported its fourth quarter and fiscal year 2024 results.
Carter’s, Inc. (NYSECRI), the leading company in North America focused exclusively on apparel for babies and young children, will report its fourth quarter and fiscal year 2024 results before the market opens on Tuesday, February 25, 2025.
Over the past six months, Carter’s stock price fell to $50.45. Shareholders have lost 17.4% of their capital, which is disappointing considering the S&P 500 has climbed by 16.8%. This might have investors contemplating their next move.
As the fashion world takes center stage and sets the trends for the season ahead, Carter’s, Inc. (NYSECRI), the leading apparel company for babies and young children, today unveiled its new Spring and Summer 2025 collections featuring its most style-driven, yet affordable, assortment to date. Known for delivering stylish apparel with comfort and value at its core, Carter’s has reimagined trends hot off the runway for the tiniest of trendsetters.
Looking back on apparel and accessories stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Carter's (NYSECRI) and its peers.
Carter’s, Inc. (NYSECRI), the largest branded marketer in North America of apparel exclusively for babies and young children, today announced that Michael D. Casey will retire as Chairman and Chief Executive Officer after over 15 years in the role and a more than 30-year career with the Company.
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As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the apparel and accessories industry, including Figs (NYSEFIGS) and its peers.
The Board of Directors of Carter’s, Inc. (NYSECRI) today declared a quarterly dividend of $0.80 per share, payable on December 6, 2024, to shareholders of record at the close of business on November 25, 2024.
Carter’s, Inc. (NYSECRI), the largest branded marketer in North America of apparel exclusively for babies and young children, announces the appointment of multi-talented singer, actress and real-life aunt, Chloe Bailey, as the brand’s first-ever S’Auntie Claus.
