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Carters - CRI STOCK NEWS

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About Carter's, Inc. (CRI)

Carter’s, Inc. (NYSE: CRI) is a leading American company specializing in the design, marketing, and distribution of baby and children’s apparel. Founded in 1865, Carter’s has built a legacy of trust, quality, and value, making it one of the most recognized names in the children’s clothing industry. The company operates under two iconic brands: Carter’s and OshKosh B’gosh, both synonymous with durable, stylish, and affordable children’s wear. These brands have become staples for families across generations, offering a wide range of products designed to meet the needs of infants, toddlers, and young children.

Business Model and Revenue Streams

Carter’s employs a multi-channel business model to reach its customers, enabling it to maintain a strong presence both online and offline. The company’s operations are divided into three primary segments:

  • U.S. Retail: Carter’s operates hundreds of retail stores across the United States, offering a curated shopping experience for families. The retail segment also includes the company’s robust eCommerce platform, which provides customers with the convenience of shopping from home while accessing exclusive online promotions and products.
  • U.S. Wholesale: A significant portion of Carter’s revenue is derived from its wholesale operations, where the company supplies its products to major retailers and department stores. This segment allows Carter’s to extend its reach to a broader audience through established retail partnerships.
  • International: Carter’s has expanded its footprint beyond the U.S. through international wholesale partnerships, eCommerce, and retail stores in Canada and other regions. This segment underscores the company’s commitment to serving a global customer base.

The company’s multi-channel strategy is further enhanced by its omnichannel capabilities, which integrate online and offline shopping experiences. For example, customers can order products online and pick them up in-store, or return items purchased online at a physical location, offering unparalleled convenience.

Operations and Supply Chain

Carter’s sources its products primarily through contract manufacturers in Asia, ensuring cost efficiency while maintaining high-quality standards. The company operates multiple distribution centers in the United States, Canada, and Asia, which play a critical role in fulfilling customer orders and managing inventory. This extensive supply chain network enables Carter’s to deliver products efficiently to both domestic and international markets.

Competitive Landscape

In the highly competitive children’s apparel market, Carter’s differentiates itself through its enduring brand reputation, extensive product offerings, and multi-channel distribution strategy. Key competitors include other children’s clothing brands and general apparel retailers that offer children’s lines. Carter’s focus on quality, innovation, and affordability gives it a competitive edge, while its long-standing heritage fosters customer loyalty.

Market Significance

As the largest branded marketer of baby and children’s clothing in the United States, Carter’s holds a unique position in its industry. Its ability to consistently deliver value to customers while adapting to changing market dynamics underscores its significance in the retail and apparel sectors. The company’s commitment to quality and innovation ensures its continued relevance in the lives of families worldwide.

Conclusion

Carter’s, Inc. exemplifies a well-rounded business model that leverages its iconic brands, multi-channel distribution, and global reach to maintain its leadership in the children’s apparel market. With a legacy spanning over 150 years, the company continues to be a trusted name for families seeking reliable, stylish, and affordable clothing for their children.

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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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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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FAQ

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

The current stock price of Carters (CRI) is $42.02 as of March 3, 2025.

What is the market cap of Carters (CRI)?

The market cap of Carters (CRI) is approximately 1.6B.

What does Carter's, Inc. specialize in?

Carter’s specializes in the design, marketing, and distribution of baby and children’s apparel under the Carter’s and OshKosh B’gosh brands.

How does Carter's generate revenue?

Carter’s generates revenue through its U.S. Retail, U.S. Wholesale, and International segments, leveraging a multi-channel strategy that includes retail stores, eCommerce, and wholesale partnerships.

What are the primary brands under Carter's, Inc.?

The primary brands under Carter’s, Inc. are Carter’s and OshKosh B’gosh, both of which are well-known for their quality and affordability in children’s clothing.

How does Carter's differentiate itself from competitors?

Carter’s differentiates itself through its long-standing heritage, focus on quality and innovation, and a multi-channel distribution strategy that integrates retail, eCommerce, and wholesale.

Where does Carter's source its products?

Carter’s sources its products primarily from contract manufacturers in Asia, ensuring cost efficiency and high-quality standards.

What is Carter's omnichannel strategy?

Carter’s omnichannel strategy integrates online and offline shopping experiences, allowing customers to shop seamlessly across platforms, such as ordering online and picking up in-store.

What is the significance of Carter's in the market?

Carter’s is the largest branded marketer of baby and children’s clothing in the U.S., known for its trusted brands, quality products, and extensive market reach.

Does Carter's operate internationally?

Yes, Carter’s operates internationally through wholesale partnerships, eCommerce, and retail stores in Canada and other regions.
Carters

NYSE:CRI

CRI Rankings

CRI Stock Data

1.55B
34.85M
2.81%
119.5%
13.49%
Apparel Retail
Apparel & Other Finishd Prods of Fabrics & Similar Matl
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