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Carter's, Inc. - CRI STOCK NEWS

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.

Carter’s Inc. (CRI) is a prominent name in the baby and children’s clothing industry, with a storied history dating back to 1865. As the largest branded marketer in its sector within the United States, Carter’s markets apparel under two of the best-known and enduring brands in the nation: Carter’s and OshKosh B’gosh. Known for their commitment to quality, innovation, and value, these brands have garnered the trust of generations of families.

Carter's Inc. operates via a multi-channel business model encompassing retail stores, eCommerce, and wholesale sales channels. Additionally, its retail omnichannel capabilities extend throughout the United States and Canada, allowing it to cater to a diverse global customer base. The company is structured into three primary segments: U.S. Retail, U.S. Wholesale, and International.

Most of the company's revenues are generated in the U.S., primarily through the Carter’s brand. The company sources a significant portion of its products through contract manufacturers located in Asia and maintains multiple distribution centers across the U.S., Canada, and Asia to efficiently serve its customer base.

Recent achievements and current projects include expanding their eCommerce platform to enhance customer experience and investing in sustainable practices to meet growing consumer demand for environmentally friendly products.

For the latest updates, financial reports, and news about Carter’s Inc., stay tuned to our updates and gain insights into the company’s performance and strategic developments.

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Carter's, Inc. (NYSE:CRI), North America's leading marketer of baby and young children's apparel, has announced its plans to release second quarter fiscal 2024 results on Friday, July 26, 2024, before the market opens. The company will host a conference call at 8:30 a.m. Eastern Daylight Time to discuss the results and provide a business outlook. Investors and analysts can access the live webcast and presentation materials through the company's investor relations website. For those wishing to join via phone, pre-registration is required through a provided link. A replay of the webcast will be available shortly after the call concludes.

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Carter’s (NYSE: CRI), North America's largest marketer of apparel for babies and young children, announced its participation in the Evercore ISI Consumer and Retail Conference. The event, which includes a virtual fireside chat, will take place on June 12, 2024, at 11:00 a.m. EDT. A live webcast of the session will be accessible via the company's Investor Relations section on its website.

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Carter’s (NYSE: CRI), the largest branded marketer of young children’s apparel in North America, has released its fourth annual Raise the Future Impact Report. This report highlights the company's achievements and commitments in the areas of product sustainability, environmental footprint reduction, and community support.

Key achievements include over 40% of cotton and recycled polyester being sustainable, nearly 100% of apparel certified by OEKO-TEX® STANDARD 100, a 26% reduction in Scope 1 and 2 greenhouse gas emissions since 2019, and a 30% decrease in virgin plastic packaging. Additionally, Carter’s and its charitable foundation have invested over $8 million in community initiatives, and diversity in leadership roles has increased to over 20% and 25% for Vice Presidents and District Store Managers, respectively.

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Today, Carter’s announced a quarterly dividend of $0.80 per share. This dividend will be paid on June 7, 2024, to shareholders who are on record as of May 28, 2024.

Future dividends will be determined by the Board of Directors based on the company's financial performance and other considerations.

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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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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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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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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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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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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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FAQ

What does Carter’s Inc. specialize in?

Carter’s Inc. specializes in baby and children’s clothing, marketed under the brands Carter’s and OshKosh B’gosh.

How does Carter’s Inc. distribute its products?

Carter’s Inc. distributes its products through retail stores, eCommerce, wholesale, and omnichannel capabilities in the U.S. and Canada.

What are the primary segments of Carter’s Inc.?

The primary segments of Carter’s Inc. are U.S. Retail, U.S. Wholesale, and International.

Where does Carter’s Inc. source its products?

Carter’s Inc. sources its products predominantly through contract manufacturers in Asia.

What recent achievements has Carter’s Inc. made?

Recent achievements include expanding their eCommerce platform and investing in sustainable practices.

Where are Carter’s Inc.'s distribution centers located?

Carter’s Inc. has distribution centers in the U.S., Canada, and Asia.

How old is Carter’s Inc.?

Carter’s Inc. has been in operation since 1865.

What makes Carter’s Inc. a trusted brand?

Carter’s Inc. is trusted for its heritage of quality, innovation, and value.

What percentage of Carter’s Inc.'s sales are in the U.S.?

A majority of Carter’s Inc.'s sales are based in the U.S.

Which brands does Carter’s Inc. market?

Carter’s Inc. markets apparel under the brands Carter’s and OshKosh B’gosh.

Carter's, Inc.

NYSE:CRI

CRI Rankings

CRI Stock Data

2.25B
36.50M
2.56%
112.52%
11.99%
Children's and Infants' Clothing Stores
Retail Trade
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United States of America
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