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Carters - CRI STOCK NEWS

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Overview of Carter's Inc (CRI)

Carter's Inc has established itself as a cornerstone of the childrenswear industry since its founding in 1865. Known for its iconic brands, Carter's and OshKosh B'gosh, the company stands as the largest branded marketer of baby and children's apparel in the United States. Through decades of dedication to quality, innovation, and value, Carter's has developed a reputation for producing apparel that resonates with generations of families. Its offerings not only provide style and comfort but also reflect a deep understanding of the evolving needs of children and their parents.

Business Model and Operations

The company operates a diversified business model that extends across several channels, each carefully designed to maximize consumer reach and operational efficiency. Carter's utilizes a robust multi-channel approach that includes:

  • U.S. Retail: Brick-and-mortar outlets and partnered retail locations enable direct consumer interaction and brand experience.
  • U.S. Wholesale: As the primary revenue driver, its wholesale channel ensures that products are available in mass-market retail outlets across the nation.
  • International Markets: Through a blend of eCommerce and targeted wholesale networks, the company reaches customers beyond North America, supported by efficient distribution in Canada and Asia.

The integration of traditional retail with modern digital channels showcases Carter's commitment to a seamless omnichannel experience, ensuring that its high-quality products are accessible to a broad spectrum of consumers. This dynamic approach also reflects the company’s ability to adapt to changing market trends while maintaining its core values of quality and innovation.

Supply Chain and Distribution Strategy

Carter's Inc maintains a sophisticated supply chain management system that is pivotal to its operations. The majority of its products are sourced via contract manufacturers in Asia, enabling the company to benefit from global production efficiencies while upholding quality standards. The firm operates multiple distribution centers in the United States, supplemented by key distribution hubs in Canada and Asia. This well-organized network not only supports its international retail capabilities but also ensures that inventory is managed effectively, and products are delivered promptly across various markets.

Brand Heritage and Market Position

At the heart of Carter's success is its enduring brand heritage. Having earned the trust of families over many decades, the company leverages its brands to create a lasting emotional connection with consumers. The emphasis on robust quality control, innovative design, and consistent value has positioned Carter's as a trusted retailer within a competitive industry. The brand equity built over generations is a key differentiator in an environment where consumer expectations are continually rising, setting a benchmark for both quality and reliability in childrenswear.

Industry Dynamics and Competitive Landscape

Operating at the intersection of fashion and functional apparel, Carter's navigates a highly competitive landscape that encompasses both established retailers and new entrants in the children's apparel market. The company differentiates itself through a combination of long-term brand trust and strategic supply chain management. Its deep-rooted expertise is reflected in every aspect of its operations—from product design to the sophisticated deployment of its distribution network. By effectively balancing traditional retail strengths with the agility of an omnichannel approach, Carter's remains a formidable presence in the market.

Quality, Innovation, and Consumer Focus

Carter's is driven by a commitment to innovation in design and quality assurance that continues to influence product development. The meticulous attention to detail has not only set high standards within the market but also ensured that the company’s offerings are both functional and stylish. This adaptability has allowed the company to evolve with consumer needs while staying true to its heritage of excellence. By continuously investing in advanced retail technologies and supply chain efficiencies, Carter's reinforces its position as a forward-thinking entity, without compromising on the trusted values that have defined its legacy for over a century.

Market Influence and Strategic Insights

In an era characterized by rapid changes in consumer behavior and technological advancements, Carter's remains a fundamental study in the sustained power of brand legacy combined with modern retail strategies. Investors and market analysts often cite the company's strategic ability to integrate physical retail with online platforms as a key factor in its enduring success. The company’s meticulous operational planning, strategic sourcing, and distribution strategies collectively contribute to its resilient market presence. This comprehensive, integrated approach has allowed Carter's to consistently cater to both established and emerging markets, thereby solidifying its influence in the apparel industry.

Conclusion

Overall, Carter's Inc exemplifies how a historically rich brand can evolve into a modern, multifaceted business model. Through a balanced mix of retail strategies, innovative supply chain management, and unwavering commitment to quality, the company maintains its position as a trusted provider of baby and children's apparel. The integration of diverse market channels and advanced distribution networks underscores its adaptability and expertise, reflecting a business model that remains robust despite the complexities of a competitive industry.

Rhea-AI Summary
Carter’s, Inc. (NYSE:CRI) will participate in a fireside chat at BofA Securities 2024 Consumer and Retail Conference. The event will take place on March 13, 2024, at 8:00am EDT. A live webcast can be accessed on the Company's Investor Relations website.
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Carter’s, Inc. (NYSE:CRI) reports fourth quarter and fiscal year 2023 results with net sales of $858 million, operating margin at 15.9%, and diluted EPS of $2.90 for Q4. Fiscal year 2023 net sales were $2.9 billion with operating margin at 11.0% and diluted EPS of $6.24. The company anticipates low single-digit growth in net sales for fiscal year 2024.
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Carter’s, Inc. (NYSE:CRI) will announce its Q4 and FY 2023 results on February 27, 2024, followed by a conference call. Investors can access the webcast and presentation materials on ir.carters.com or join via phone with preregistration.
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Carter’s, Inc. (NYSE: CRI) announced that President & Chief Operating Officer Brian J. Lynch will retire effective March 1, 2024, and will support the planned transition in leadership through February 2025. Kendra D. Krugman will become Chief Creative and Growth Officer, and Richard F. Westenberger will assume additional responsibilities of Chief Operating Officer. Krugman and Westenberger are proven, experienced leaders who will continue to lead the Company's product design, merchandising, and retail teams, and supply chain operations, respectively.
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Shipt (NYSE: CRI) partners with Carter's, Inc. to offer same-day delivery of baby and children’s apparel in markets nationwide. This partnership aims to bring convenience and time-saving opportunities to Carter’s customers during the holidays with the speed of delivery through Shipt. Consumers will now be able to access all of Carter’s brands from the Shipt Marketplace, in addition to the Carter’s app, for same-day delivery of apparel and other family needs to markets across the country, including Atlanta, Chicago, Dallas, Los Angeles, Miami, New York, and more, all powered by Shipt’s reliable shopper network.
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Carter’s, Inc. (NYSE:CRI) Declares Quarterly Dividend of $0.75 per Share
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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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FAQ

What is the current stock price of Carters (CRI)?

The current stock price of Carters (CRI) is $37.18 as of April 4, 2025.

What is the market cap of Carters (CRI)?

The market cap of Carters (CRI) is approximately 1.3B.

What is the core business of Carter's Inc?

Carter's Inc is focused on designing and marketing baby and children's apparel through its well-known brands, Carter's and OshKosh B'gosh. The company leverages a multi-channel model that spans retail, wholesale, and eCommerce to reach a broad consumer base.

How does Carter's Inc generate most of its revenue?

The majority of Carter's revenue is generated through its U.S. wholesale segment, which supplies its products to various retail outlets. This channel, along with retail and digital platforms, forms the backbone of its diversified business model.

What is unique about Carter's multi-channel business model?

Carter's integrates traditional brick-and-mortar retail with digital eCommerce capabilities and robust wholesale channels, ensuring a seamless consumer experience and effective market coverage both domestically and internationally.

How does Carter's Inc manage its supply chain?

The company predominantly sources its products through established contract manufacturers in Asia, supported by multiple distribution centers in the U.S., Canada, and Asia. This approach helps maintain efficient inventory management and quality control.

What role does brand heritage play at Carter's Inc?

With a history dating back to 1865, brand heritage is a critical element for Carter's. The enduring popularity of Carter's and OshKosh B'gosh has built a level of trust among consumers that few companies in the childrenswear industry can match.

How is Carter's positioned against its competitors?

Carter's stands out by combining a legacy of trusted quality with modern retail strategies and efficient supply chain management. This balance enables the company to differentiate itself in a competitive environment while continuously meeting consumer expectations.
Carters

NYSE:CRI

CRI Rankings

CRI Stock Data

1.26B
34.79M
2.87%
121.85%
13.63%
Apparel Retail
Apparel & Other Finishd Prods of Fabrics & Similar Matl
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