Carters Stock Price, News & Analysis

Carter's, Inc. (NYSE: CRI), a leading marketer of children's apparel in North America, will release its fourth quarter and fiscal year 2021 results on February 25, 2022, prior to market opening. An investor conference call is scheduled for 8:30 a.m. EST on the same day to discuss the results and future outlook. Investors can access the live broadcast and presentation materials at ir.carters.com. A replay will be available until March 27, 2022. Carter's is known for its brands, including Carter’s and OshKosh B'gosh, sold through various channels across North America.

Carter's, Inc. (NYSE: CRI), the leading North American marketer of children's apparel, will present at the virtual Bank of America Leveraged Finance Conference on December 1, 2021, at 3:00 PM EST. Investors can access a live webcast on the company's Investor Relations website. Carter's is recognized for its brands, including 'Carter’s' and 'OshKosh B’gosh,' which are sold through various retail channels and its own stores across the U.S., Canada, and Mexico. The firm is headquartered in Atlanta, Georgia.

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.