Welcome to our dedicated page for Carters news (Ticker: CRI), a resource for investors and traders seeking the latest updates and insights on Carters stock.
Carter’s, Inc. (NYSE: CRI) is described in its public communications as North America’s largest and most-enduring apparel company exclusively for babies and young children. News about Carter’s often centers on its Carter’s and OshKosh B’gosh brands, multi-channel retail operations, and financial performance across its U.S. Retail, U.S. Wholesale, and International segments.
On this news page, readers can follow company-issued updates such as quarterly and annual earnings releases, where Carter’s reports net sales trends, segment performance, and commentary on factors like tariffs, sourcing costs, and productivity initiatives. Recent releases have discussed comparable sales in U.S. Retail, changes in U.S. Wholesale demand, and growth in the International segment.
Carter’s news flow also includes capital markets and financing announcements, such as the pricing and closing of senior notes due 2031 and the establishment of a new senior secured asset-based revolving credit facility. These items provide insight into the company’s capital structure, liquidity, and debt management decisions.
Investors and followers of CRI can also see governance and corporate actions, including the adoption of a limited duration stockholder rights agreement, amendments to the company’s by-laws, and organizational restructuring plans aimed at adjusting the cost structure and store footprint.
Beyond financial and governance topics, Carter’s issues news about brand and product initiatives, such as the OshKosh Reissued Collection that revisits archival styles, and collaborations like the limited-edition t-shirt capsule designed with Boys & Girls Clubs of America youth. Monitoring this news page helps readers understand how Carter’s manages its brands, responds to market conditions, and communicates strategic decisions over time.
Carter’s, Inc. (NYSE: CRI) announced a 50% increase in its quarterly cash dividend, raising it to $0.60 per share. This dividend will be paid on December 10, 2021, to shareholders recorded by December 1, 2021. Michael D. Casey, CEO, noted that this decision reflects the company's recovery from supply chain disruptions and strong profitability. The increase restores the dividend to its pre-pandemic level, indicating a positive outlook for future sales and earnings growth.
Carter's reported Q3 2021 net sales of $891 million, a 3% increase, with U.S. Retail comparable sales rising 5.9%. Supply chain delays affected sales, but strong profitability was noted with a gross profit margin of record level. The operating margin improved to 13.9%, and diluted EPS rose to $1.93. The company returned $128 million to shareholders, resuming share repurchases. Full-year profit outlook raised, forecasting record earnings for 2021.
Carter's, Inc. (NYSE:CRI), a leading marketer of baby and children's apparel, is set to announce its third quarter fiscal 2021 results on October 29, 2021, before market opening. The company will hold a conference call at 8:30 a.m. EDT to discuss the results and future outlook. Investors can listen live on their website. This update highlights Carter's continued focus on transparency and engagement with shareholders as it navigates market dynamics.
OshKosh B’gosh, a subsidiary of Carter’s, has launched a limited-edition 28-piece children's apparel collection in collaboration with lifestyle brand Kith. This innovative partnership channels OshKosh's 126-year heritage, blending nostalgic designs with contemporary elements, including workwear silhouettes and co-branded details. The collection is designed for various sizes, priced between $35 and $160, and aims to evoke nostalgia for parents while offering stylish options for kids. The launch coincides with the back-to-school season, supporting a new campaign for OshKosh B’gosh.
Carter’s, Inc. (NYSE:CRI) has declared a quarterly dividend of $0.40 per share payable on September 17, 2021 to shareholders of record by August 31, 2021. The Board's future dividend declarations will depend on various factors, including the company’s financial performance.
Additionally, the company has reinstated its share repurchase program, now with approximately $650.4 million remaining. These repurchases, previously suspended due to COVID-19, will occur based on market conditions and management's discretion.
Carter’s, Inc. (NYSE: CRI), the leading branded marketer of baby and young children's apparel, has released its inaugural Corporate Social Responsibility (CSR) Report. The report outlines strategic priorities in three pillars: People, Product, and Planet. Key commitments include improving the well-being of 10 million families and workers by 2030, using 100% sustainable fibers, and reducing greenhouse gas emissions by at least 25% by the same year. The report emphasizes the company's focus on social responsibility, innovation, and stakeholder engagement.
Carter's, Inc. (CRI) reported record sales and earnings for Q2 FY2021, with net sales reaching $746.4 million, a 45% increase year-over-year. Operating income surged to $107.6 million, with a margin of 14.4%. Adjusted net income rose to $73.7 million, or $1.67 per diluted share. The company raised its full-year sales and earnings forecasts due to strong demand, effective marketing, and improved inventory management. Despite potential risks, including supply chain disruptions, Carter's anticipates a 15% sales increase for fiscal year 2021, projecting adjusted diluted earnings per share of $7.25.
Carter’s, Inc. (NYSE:CRI) will release its second quarter fiscal 2021 results on July 30, 2021, before market opening. A conference call is scheduled for 8:30 a.m. EDT that day, where the company will discuss its financial performance and future outlook. Investors can listen to the live broadcast on the investor relations website. Carter’s is the largest North American marketer of apparel for babies and young children, owning well-known brands such as Carter's and OshKosh B'gosh, with sales through various retail channels and over 1,000 company-operated stores.
Carter's, Inc. (NYSE: CRI), a leading marketer of children's apparel, has launched its new back-to-school campaign titled Today is Someday for OshKosh B’gosh with celebrities like Mariah Carey and Muhammad Ali. This campaign embraces a contemporary style while paying homage to the brand's heritage. It features inspiring stories from notable figures as children, promoting confidence and ambition. Set to debut on July 23, the campaign will leverage digital and social media platforms, along with in-store promotions, showcasing a strong investment in revitalizing the brand's identity.
Carter’s, Inc. (NYSE:CRI), a leading North American marketer of baby and children's apparel, announced its participation in the virtual Evercore ISI Consumer & Retail Summit on June 15, 2021, at 12:30 p.m. EDT. The event will be accessible via a live webcast on the Company’s Investor Relations website at ir.carters.com.
Carter’s, known for brands like Carter’s and OshKosh B’gosh, operates over 1,000 stores in the U.S., Canada, and Mexico, while also selling online.