Carter's Inc. - CRI STOCK NEWS

OshKosh B’gosh, a subsidiary of Carter’s, has launched a limited-edition 28-piece children's apparel collection in collaboration with lifestyle brand Kith. This innovative partnership channels OshKosh's 126-year heritage, blending nostalgic designs with contemporary elements, including workwear silhouettes and co-branded details. The collection is designed for various sizes, priced between $35 and $160, and aims to evoke nostalgia for parents while offering stylish options for kids. The launch coincides with the back-to-school season, supporting a new campaign for OshKosh B’gosh.

Carter’s, Inc. (NYSE:CRI) has declared a quarterly dividend of $0.40 per share payable on September 17, 2021 to shareholders of record by August 31, 2021. The Board's future dividend declarations will depend on various factors, including the company’s financial performance.

Additionally, the company has reinstated its share repurchase program, now with approximately $650.4 million remaining. These repurchases, previously suspended due to COVID-19, will occur based on market conditions and management's discretion.

Carter’s, Inc. (NYSE: CRI), the leading branded marketer of baby and young children's apparel, has released its inaugural Corporate Social Responsibility (CSR) Report. The report outlines strategic priorities in three pillars: People, Product, and Planet. Key commitments include improving the well-being of 10 million families and workers by 2030, using 100% sustainable fibers, and reducing greenhouse gas emissions by at least 25% by the same year. The report emphasizes the company's focus on social responsibility, innovation, and stakeholder engagement.

Carter's, Inc. (CRI) reported record sales and earnings for Q2 FY2021, with net sales reaching $746.4 million, a 45% increase year-over-year. Operating income surged to $107.6 million, with a margin of 14.4%. Adjusted net income rose to $73.7 million, or $1.67 per diluted share. The company raised its full-year sales and earnings forecasts due to strong demand, effective marketing, and improved inventory management. Despite potential risks, including supply chain disruptions, Carter's anticipates a 15% sales increase for fiscal year 2021, projecting adjusted diluted earnings per share of $7.25.

Carter’s, Inc. (NYSE:CRI) will release its second quarter fiscal 2021 results on July 30, 2021, before market opening. A conference call is scheduled for 8:30 a.m. EDT that day, where the company will discuss its financial performance and future outlook. Investors can listen to the live broadcast on the investor relations website. Carter’s is the largest North American marketer of apparel for babies and young children, owning well-known brands such as Carter's and OshKosh B'gosh, with sales through various retail channels and over 1,000 company-operated stores.

Carter's, Inc. (NYSE: CRI), a leading marketer of children's apparel, has launched its new back-to-school campaign titled Today is Someday for OshKosh B’gosh with celebrities like Mariah Carey and Muhammad Ali. This campaign embraces a contemporary style while paying homage to the brand's heritage. It features inspiring stories from notable figures as children, promoting confidence and ambition. Set to debut on July 23, the campaign will leverage digital and social media platforms, along with in-store promotions, showcasing a strong investment in revitalizing the brand's identity.

Carter’s, Inc. (NYSE:CRI), a leading North American marketer of baby and children's apparel, announced its participation in the virtual Evercore ISI Consumer & Retail Summit on June 15, 2021, at 12:30 p.m. EDT. The event will be accessible via a live webcast on the Company’s Investor Relations website at ir.carters.com.

Carter’s, known for brands like Carter’s and OshKosh B’gosh, operates over 1,000 stores in the U.S., Canada, and Mexico, while also selling online.

Carter’s, Inc. (NYSE:CRI) reported strong first quarter fiscal 2021 results, with net sales increasing by 20.3% to $787.4 million and a net income of $86.2 million, or $1.96 per diluted share. The company's operating income surged to $127.5 million, marking a significant recovery from a loss of $78.5 million in the prior year. Management raised guidance for 2021, projecting a 10% net sales increase and a 40% rise in adjusted earnings per share. Additionally, a quarterly dividend of $0.40 per share was approved, reflecting robust liquidity of $1.8 billion despite pandemic challenges.

Carter’s, Inc. (NYSE:CRI), the leading marketer of baby and young children's apparel in North America, will announce its first quarter fiscal 2021 results on April 30, 2021, prior to market opening. A conference call to discuss the results and future outlook is scheduled for 8:30 a.m. Eastern Daylight Time on the same day. Investors can participate via phone or access a live broadcast online. A replay of the call will be available until May 30, 2021. Carter’s owns well-known brands like Carter’s and OshKosh B'gosh, retailing through various channels including around 1,100 company-operated stores.