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Carter's Inc. - CRI STOCK NEWS

Welcome to our dedicated page for Carter's news (Ticker: CRI), a resource for investors and traders seeking the latest updates and insights on Carter's stock.

Carter’s Inc. (CRI) is a prominent name in the baby and children’s clothing industry, with a storied history dating back to 1865. As the largest branded marketer in its sector within the United States, Carter’s markets apparel under two of the best-known and enduring brands in the nation: Carter’s and OshKosh B’gosh. Known for their commitment to quality, innovation, and value, these brands have garnered the trust of generations of families.

Carter's Inc. operates via a multi-channel business model encompassing retail stores, eCommerce, and wholesale sales channels. Additionally, its retail omnichannel capabilities extend throughout the United States and Canada, allowing it to cater to a diverse global customer base. The company is structured into three primary segments: U.S. Retail, U.S. Wholesale, and International.

Most of the company's revenues are generated in the U.S., primarily through the Carter’s brand. The company sources a significant portion of its products through contract manufacturers located in Asia and maintains multiple distribution centers across the U.S., Canada, and Asia to efficiently serve its customer base.

Recent achievements and current projects include expanding their eCommerce platform to enhance customer experience and investing in sustainable practices to meet growing consumer demand for environmentally friendly products.

For the latest updates, financial reports, and news about Carter’s Inc., stay tuned to our updates and gain insights into the company’s performance and strategic developments.

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Carter's, Inc. (NYSE: CRI) introduces the first-ever 'Gift Wrapping Weekend' to help parents destress during the holiday season. They are offering a chance to win a $2,500 hotel stay and a custom wrapping kit through the 'Gift Wrapping Getaway Giveaway' by entering before November 14th at www.carters.com/wrappinggetaway.
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Carter's, Inc. reports Q3 2023 results with net sales of $792 million, operating margin of 11.8%, and diluted EPS of $1.78. The company expects improved sales trends in Q4 due to colder weather.
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Carter’s, Inc. will report its Q3 fiscal 2023 results on October 27, 2023. A conference call will be held at 8:30 a.m. EDT to discuss the results and business outlook.
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Carter’s, Inc. to participate in fireside chat at Goldman Sachs conference
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Carter's, Inc. (NYSE:CRI) has announced a quarterly dividend of $0.75 per share, payable on September 15, 2023, to shareholders of record on August 30, 2023.
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Carter's, Inc. (NYSE:CRI) reported Q2 fiscal 2023 results with net sales of $600 million, diluted EPS of $0.64, and returned $58 million to shareholders. The company forecasts full year fiscal 2023 net sales of $2.95 billion to $3.00 billion, adjusted operating income of $325 million to $340 million, and adjusted diluted EPS of $5.95 to $6.15.
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Carter's releases its third annual Corporate Social Responsibility (CSR) Report, highlighting its Environmental, Social, and Governance (ESG) strategy and programs under the Raise the Future platform. The report showcases the company's commitment to sustainability, reducing carbon footprint, and supporting workers and communities.
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FAQ

What is the current stock price of Carter's (CRI)?

The current stock price of Carter's (CRI) is $53.97 as of November 22, 2024.

What is the market cap of Carter's (CRI)?

The market cap of Carter's (CRI) is approximately 1.9B.

What does Carter’s Inc. specialize in?

Carter’s Inc. specializes in baby and children’s clothing, marketed under the brands Carter’s and OshKosh B’gosh.

How does Carter’s Inc. distribute its products?

Carter’s Inc. distributes its products through retail stores, eCommerce, wholesale, and omnichannel capabilities in the U.S. and Canada.

What are the primary segments of Carter’s Inc.?

The primary segments of Carter’s Inc. are U.S. Retail, U.S. Wholesale, and International.

Where does Carter’s Inc. source its products?

Carter’s Inc. sources its products predominantly through contract manufacturers in Asia.

What recent achievements has Carter’s Inc. made?

Recent achievements include expanding their eCommerce platform and investing in sustainable practices.

Where are Carter’s Inc.'s distribution centers located?

Carter’s Inc. has distribution centers in the U.S., Canada, and Asia.

How old is Carter’s Inc.?

Carter’s Inc. has been in operation since 1865.

What makes Carter’s Inc. a trusted brand?

Carter’s Inc. is trusted for its heritage of quality, innovation, and value.

What percentage of Carter’s Inc.'s sales are in the U.S.?

A majority of Carter’s Inc.'s sales are based in the U.S.

Which brands does Carter’s Inc. market?

Carter’s Inc. markets apparel under the brands Carter’s and OshKosh B’gosh.

Carter's Inc.

NYSE:CRI

CRI Rankings

CRI Stock Data

1.93B
34.94M
2.71%
113.22%
14.28%
Apparel Retail
Apparel & Other Finishd Prods of Fabrics & Similar Matl
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United States of America
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