Carters Stock Price, News & Analysis

Carter's, Inc. (NYSE:CRI), North America's leading marketer of baby and young children's apparel, has announced it will release its third quarter fiscal 2024 results on Friday, October 25, 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 business outlook.

Interested parties can access the live webcast and presentation materials through the company's investor relations website at ir.carters.com. To join the call by phone, preregistration is required via a provided link. A webcast replay will be available shortly after the call concludes on the same investor relations website.

Carter's, Inc. (NYSE:CRI), North America's leading marketer of baby and young children's apparel, has announced its participation in the Goldman Sachs 31st Annual Global Retailing Conference. The company will engage in a fireside chat on September 4, 2024, at 8:15 a.m. EDT in New York City. Investors and interested parties can access a live webcast of the discussion through the Investor Relations section of Carter's website at ir.carters.com. This event provides an opportunity for Carter's to share insights into its business strategies and market position with industry analysts and investors.

Carter's, Inc. (NYSE: CRI) has announced a quarterly dividend of $0.80 per share. The dividend will be payable on September 13, 2024, to shareholders of record at the close of business on August 27, 2024. The Board of Directors made this declaration, emphasizing that future quarterly dividend declarations and the establishment of record and payment dates will be at their discretion. These decisions will be based on various factors, including the company's future financial performance and other considerations.

Carter's, Inc. (NYSE:CRI) reported its Q2 fiscal 2024 results, achieving sales and earnings objectives despite a challenging market environment. Key highlights include:

- Net sales of $564 million, down from $600 million in Q2 2023
- Operating margin improved to 7.0% from 6.3% in Q2 2023
- Diluted EPS increased to $0.76 from $0.64 in Q2 2023
- Returned $54 million to shareholders through dividends and share repurchases in Q2

The company faced a slow start in April but saw improved sales trends in subsequent months. Carter's achieved a record gross profit margin, reflecting strong product offerings and lower costs. The company ended the quarter with a higher cash balance and over $1 billion in liquidity.

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.

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.

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.

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.