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), the leading baby apparel brand in North America, has launched the Airplane Apology Agreement, designed to ease travel stress for parents flying with children. This initiative allows parents to distribute cash packages to nearby passengers, helping to mitigate potential judgmental reactions during flights. The program runs from April 11 to April 17, with five families selected to receive a bundle that includes the agreement and cash cards worth $100 each, along with a bonus bodysuit for their baby.
Executive VP of Global Marketing, Jeff Jenkins, emphasized the importance of reducing travel-related anxiety for parents, aiming to improve the flying experience for families. This creative initiative reflects Carter's commitment to customer support and brand goodwill.
Little Planet by Carter’s has launched its first-ever Little Planet Mama Collection, expanding into womenswear designed for all stages of motherhood. This collection focuses on comfort and functionality, featuring versatile pieces like dresses and jumpsuits that accommodate pregnancy and nursing. The items are crafted from soft fabrics in timeless designs and are priced between $27 and $80 MSRP. The collection is available online at ShopLittlePlanet.com. This initiative signifies the brand's commitment to supporting mothers throughout their parenting journey.
Carter’s, Inc. (NYSE:CRI), a leading marketer of apparel for babies and young children, will participate in a fireside chat at the BofA Securities 2023 Consumer and Retail Conference on March 15, 2023, at 10:30 AM EDT in Miami. The event will be streamed live on the Company's Investor Relations website, allowing stakeholders to access real-time insights.
Carter’s is known for its brands, including Carter’s and OshKosh B’gosh, sold through various retail channels and nearly 1,000 stores across the U.S., Canada, and Mexico. This event highlights the Company’s continued engagement with investors and market presence.
Carter's, Inc. (NYSE:CRI) reported its fourth quarter fiscal 2022 financial results, with net sales of $912 million and diluted EPS of $2.11, reflecting a non-cash charge of $0.18 for impairment of the Skip Hop tradename. Adjusted diluted EPS stood at $2.29. For fiscal 2022, net sales totaled $3.2 billion, with diluted EPS at $6.34 and adjusted diluted EPS of $6.90. The company returned $418 million to shareholders through buybacks and dividends. Looking ahead, for fiscal year 2023, Carter's anticipates net sales of $3.0 billion and adjusted diluted EPS of $6.15. The board declared a quarterly dividend of $0.75 per share.
Carter’s, Inc. (NYSE: CRI), North America's largest marketer of baby apparel, announces the launch of a limited-edition Spring capsule collection in collaboration with Hilary Duff. The collection features stylish and practical clothing for babies, utilizing lightweight fabrics in neutral tones and an exclusive spring signature print. Following the success of the first capsule, which sold out quickly, this new line offers apparel and accessories including athleisure sets, woven tops, swimwear, and more, priced between $10.00 and $22.00. The collection is available online and in select stores starting February 21.
Carter’s, Inc. (NYSE:CRI), the largest branded marketer of apparel for babies and young children in North America, will announce its fourth quarter and fiscal year 2022 results on February 24, 2023, before market opens. A conference call to discuss these results and future outlook is scheduled for 8:30 a.m. EST on the same day. Investors can access the call via webcast at ir.carters.com. The Company operates approximately 970 stores in the U.S., Canada, and Mexico, selling its well-known brands, Carter’s and OshKosh B’gosh, among others.
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The Board of Directors of Carter’s (NYSE: CRI) has declared a quarterly dividend of $0.75 per share, payable on December 9, 2022, to shareholders on record as of November 29, 2022. These dividends will be determined at the Board's discretion based on future financial performance and other factors. Carter’s is North America’s largest branded marketer of apparel exclusively for babies and young children, with well-known brands like Carter’s and OshKosh B’gosh, sold through 970 stores across the U.S., Canada, and Mexico.
Carter’s, Inc. (NYSE: CRI) reported third quarter fiscal 2022 net sales of $819 million, an 8.1% decline from the previous year, driven by a 12.3% drop in U.S. Retail. Operating income fell to $92 million from $124 million, with diluted EPS at $1.67, down from $1.93. The fiscal 2022 outlook projects net sales between $3.145 billion and $3.185 billion and adjusted diluted EPS of $6.05 to $6.65. Inflation and supply chain issues continue to impact demand, prompting a wide forecast range for Q4.
Carter's, Inc. (NYSE: CRI), North America's largest marketer of apparel for babies and young children, will announce its third quarter fiscal year 2022 results before the market opens on October 28, 2022. A conference call to discuss these results and future business outlook will take place at 8:30 a.m. EDT the same day. Investors can access the live webcast and presentation materials via Carter's Investor Relations. The company operates brands such as Carter’s and OshKosh B’gosh, with substantial distribution across North America.