Welcome to our dedicated page for Carter's news (Ticker: $CRI), a resource for investors and traders seeking the latest updates and insights on Carter's stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Carter's's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Carter's's position in the market.
Rhea-AI Summary
Carter’s, Inc. reported first quarter fiscal 2024 results with net sales of $661 million, diluted EPS of $1.04, and adjusted diluted EPS of $0.98. The company returned $38 million to shareholders through dividends and share repurchases. Despite a decrease in net sales compared to Q1 2023, Carter's CEO remains optimistic, citing strong relationships with major retailers and innovative product offerings. The company expects growth in sales and earnings for the full year fiscal 2024.
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End-of-Day
-2.17%
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Rhea-AI Summary
Carter’s, Inc. (NYSE:CRI) will announce its first quarter fiscal 2024 results on April 26, 2024. The company, a leading marketer of baby and children's apparel in North America, will hold a conference call at 8:30 a.m. Eastern Daylight Time to discuss the results and business outlook.
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End-of-Day
-1.65%
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Carter’s, Inc. partners with Boys & Girls Clubs of America to support early childhood education and literacy through a $1 million donation and 50,000 volunteer hours. The partnership focuses on children ages 0-5 and aims to provide cognitive and skill development, as well as a literacy program for children ages 6-9.
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Rhea-AI Sentiment
End-of-Day
2.57%
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Carter’s, Inc. (NYSE:CRI) will participate in a fireside chat at BofA Securities 2024 Consumer and Retail Conference. The event will take place on March 13, 2024, at 8:00am EDT. A live webcast can be accessed on the Company's Investor Relations website.
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0.2%
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Carter’s, Inc. (NYSE:CRI) reports fourth quarter and fiscal year 2023 results with net sales of $858 million, operating margin at 15.9%, and diluted EPS of $2.90 for Q4. Fiscal year 2023 net sales were $2.9 billion with operating margin at 11.0% and diluted EPS of $6.24. The company anticipates low single-digit growth in net sales for fiscal year 2024.
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Rhea-AI Sentiment
End-of-Day
-1.13%
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Rhea-AI Summary
Carter’s, Inc. (NYSE:CRI) will announce its Q4 and FY 2023 results on February 27, 2024, followed by a conference call. Investors can access the webcast and presentation materials on ir.carters.com or join via phone with preregistration.
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0.31%
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Carter’s, Inc. (NYSE: CRI) announced that President & Chief Operating Officer Brian J. Lynch will retire effective March 1, 2024, and will support the planned transition in leadership through February 2025. Kendra D. Krugman will become Chief Creative and Growth Officer, and Richard F. Westenberger will assume additional responsibilities of Chief Operating Officer. Krugman and Westenberger are proven, experienced leaders who will continue to lead the Company's product design, merchandising, and retail teams, and supply chain operations, respectively.
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End-of-Day
-0.59%
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Shipt (NYSE: CRI) partners with Carter's, Inc. to offer same-day delivery of baby and children’s apparel in markets nationwide. This partnership aims to bring convenience and time-saving opportunities to Carter’s customers during the holidays with the speed of delivery through Shipt. Consumers will now be able to access all of Carter’s brands from the Shipt Marketplace, in addition to the Carter’s app, for same-day delivery of apparel and other family needs to markets across the country, including Atlanta, Chicago, Dallas, Los Angeles, Miami, New York, and more, all powered by Shipt’s reliable shopper network.
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Rhea-AI Sentiment
End-of-Day
2.61%
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Carter’s, Inc. (NYSE:CRI) Declares Quarterly Dividend of $0.75 per Share
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End-of-Day
1.51%
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Carter's, Inc. (NYSE: CRI) introduces the first-ever 'Gift Wrapping Weekend' to help parents destress during the holiday season. They are offering a chance to win a $2,500 hotel stay and a custom wrapping kit through the 'Gift Wrapping Getaway Giveaway' by entering before November 14th at www.carters.com/wrappinggetaway.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.05%
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Carter's Inc.
NYSE:CRI
CRI Rankings
CRI Stock Data
2.51B
35.36M
2.45%
111.67%
10.03%
Children's and Infants' Clothing Stores
Retail Trade
United States of America
ATLANTA
About CRI
carter’s, inc. (cri) is a well-established company with history dating back to 1865. we are the largest branded marketer of baby and children’s clothing in the u.s., marketing apparel under 2 of the most recognized and enduring brands in the nation, carter’s and oshkosh b’gosh. our heritage of quality, innovation, and value has earned us the trust of generations of families.