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Carter’s, Inc. reports developments tied to its baby and young children’s apparel business under brands that include Carter’s and OshKosh B’gosh. News commonly covers quarterly and annual results across U.S. Retail, U.S. Wholesale and International operations, including retail comparable sales, eCommerce activity, wholesale performance, margins and dividend actions.
Company updates also include brand collaborations, limited-edition apparel collections, community-oriented OshKosh B’gosh partnerships, demand-creation initiatives, operating model improvements and governance changes. These items reflect Carter’s multi-channel model, which combines stores, digital commerce and wholesale distribution for children’s apparel and related products.
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.
Carter’s, Inc. (NYSE:CRI) reported strong first quarter fiscal 2021 results, with net sales increasing by 20.3% to $787.4 million and a net income of $86.2 million, or $1.96 per diluted share. The company's operating income surged to $127.5 million, marking a significant recovery from a loss of $78.5 million in the prior year. Management raised guidance for 2021, projecting a 10% net sales increase and a 40% rise in adjusted earnings per share. Additionally, a quarterly dividend of $0.40 per share was approved, reflecting robust liquidity of $1.8 billion despite pandemic challenges.
Carter’s, Inc. (NYSE:CRI), the leading marketer of baby and young children's apparel in North America, will announce its first quarter fiscal 2021 results on April 30, 2021, prior to market opening. A conference call to discuss the results and future outlook is scheduled for 8:30 a.m. Eastern Daylight Time on the same day. Investors can participate via phone or access a live broadcast online. A replay of the call will be available until May 30, 2021. Carter’s owns well-known brands like Carter’s and OshKosh B'gosh, retailing through various channels including around 1,100 company-operated stores.
Carter’s, Inc. (NYSE: CRI) has announced the launch of KIDCYCLE, a pioneering recycling program for baby and children's clothing in partnership with TerraCycle. This initiative allows parents to recycle outgrown clothing easily while earning Rewarding Moments loyalty points. The program accepts all brands of baby and children's apparel (excluding shoes and accessories) and aims to reduce landfill waste. As clothing is collected, it's recycled into useful materials like home insulation and gym equipment stuffing.
Carter’s, Inc. (NYSE:CRI), the leading North American marketer of baby and young children's apparel, announced its participation at the virtual Bank of America Consumer and Retail Technology Conference on March 10, 2021, at 1:30 p.m. EST. A live webcast of the presentation will be accessible on the Investor Relations section of the Company’s website. Carter’s operates well-known brands such as Carter’s and OshKosh B’gosh, and its products are available through approximately 1,100 stores in the U.S., Canada, and Mexico, as well as online.
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Carter's, Inc. (NYSE:CRI) reported its Q4 and fiscal 2020 results, despite ongoing pandemic challenges. Q4 consolidated net sales decreased 10.1% to $989.9 million, while operating income fell 17.8% to $133.9 million. Adjusted diluted EPS declined 12.5% to $2.46. However, Carter's achieved a record gross profit margin due to enhanced inventory management and strong eCommerce growth, which saw 16% gains. The company anticipates approximately 5% growth in sales and 10% increase in adjusted EPS for 2021. Total liquidity stands at $1.8 billion, ensuring operational stability.
Carter’s, Inc. (NYSE:CRI) will announce its fourth quarter and fiscal year 2020 results before market opens on February 26, 2021. A conference call with investors is scheduled at 8:30 a.m. EST to discuss the results and future outlook. Participants can join by dialing 323-701-0225 or by accessing the live broadcast online at ir.carters.com. A replay will be available until March 28, 2021. As the largest marketer of apparel for babies and young children in North America, Carter’s operates several well-known brands including Carter’s and OshKosh B'gosh, with extensive retail presence across the U.S. and beyond.
Carter's, Inc. (NYSE: CRI) launches its holiday promotion, 'Carter's Wonderful Weeks of Giveaways,' inviting families to participate in daily prize draws through December 6th. Prizes include gift cards and exclusive virtual events with celebrities like Leslie Odom, Jr. and Whitney Port. The campaign is part of a larger holiday strategy initiated in October, aimed at enhancing family experiences during the festive season. In addition, Carter's continues to support community initiatives through partnerships, such as the Pajama Program, which promotes healthy sleep routines for children.
Carter's, Inc. (NYSE: CRI) reported its third quarter fiscal 2020 results, showing a net sales decrease of 8.3% to $865.1 million, amid challenges from the COVID-19 pandemic. However, net income rose 34.8% to $81.2 million, translating to $1.85 per diluted share. E-commerce sales surged by 39%, marking it as the fastest-growing segment. Despite strong performance in specific months, the company refrained from providing fiscal 2020 guidance due to unpredictable consumer demand. Carter's ended the quarter with liquidity of $1.6 billion, having repaid $244 million in borrowings.