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.
Carter’s, the largest branded marketer of children’s apparel in North America, will announce its first quarter fiscal 2023 results on April 28, 2023, prior to the market opening. A conference call to discuss these results and the company’s business outlook is scheduled for 8:30 a.m. Eastern Daylight Time on the same day. Investors can listen to the call via a live webcast on the company’s investor relations site. Carter’s manages well-known brands such as Carter’s and OshKosh B’gosh, and has a significant retail presence in the U.S., Canada, and Mexico, with almost 1,000 stores, along with a strong online sales platform. For further details, please visit their investor relations page.
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
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.
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.
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