Welcome to our dedicated page for Carters news (Ticker: CRI), a resource for investors and traders seeking the latest updates and insights on Carters stock.
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.
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.
Carter’s, Inc. (NYSE: CRI) has announced the launch of KIDCYCLE, a pioneering recycling program for baby and children's clothing in partnership with TerraCycle. This initiative allows parents to recycle outgrown clothing easily while earning Rewarding Moments loyalty points. The program accepts all brands of baby and children's apparel (excluding shoes and accessories) and aims to reduce landfill waste. As clothing is collected, it's recycled into useful materials like home insulation and gym equipment stuffing.
Carter’s, Inc. (NYSE:CRI), the leading North American marketer of baby and young children's apparel, announced its participation at the virtual Bank of America Consumer and Retail Technology Conference on March 10, 2021, at 1:30 p.m. EST. A live webcast of the presentation will be accessible on the Investor Relations section of the Company’s website. Carter’s operates well-known brands such as Carter’s and OshKosh B’gosh, and its products are available through approximately 1,100 stores in the U.S., Canada, and Mexico, as well as online.
Carter's, Inc. (NYSE:CRI) reported its Q4 and fiscal 2020 results, despite ongoing pandemic challenges. Q4 consolidated net sales decreased 10.1% to $989.9 million, while operating income fell 17.8% to $133.9 million. Adjusted diluted EPS declined 12.5% to $2.46. However, Carter's achieved a record gross profit margin due to enhanced inventory management and strong eCommerce growth, which saw 16% gains. The company anticipates approximately 5% growth in sales and 10% increase in adjusted EPS for 2021. Total liquidity stands at $1.8 billion, ensuring operational stability.
Carter’s, Inc. (NYSE:CRI) will announce its fourth quarter and fiscal year 2020 results before market opens on February 26, 2021. A conference call with investors is scheduled at 8:30 a.m. EST to discuss the results and future outlook. Participants can join by dialing 323-701-0225 or by accessing the live broadcast online at ir.carters.com. A replay will be available until March 28, 2021. As the largest marketer of apparel for babies and young children in North America, Carter’s operates several well-known brands including Carter’s and OshKosh B'gosh, with extensive retail presence across the U.S. and beyond.
Carter's, Inc. (NYSE: CRI) launches its holiday promotion, 'Carter's Wonderful Weeks of Giveaways,' inviting families to participate in daily prize draws through December 6th. Prizes include gift cards and exclusive virtual events with celebrities like Leslie Odom, Jr. and Whitney Port. The campaign is part of a larger holiday strategy initiated in October, aimed at enhancing family experiences during the festive season. In addition, Carter's continues to support community initiatives through partnerships, such as the Pajama Program, which promotes healthy sleep routines for children.
FAQ
What is the current stock price of Carters (CRI)?
What is the market cap of Carters (CRI)?
What does Carter's, Inc. specialize in?
How does Carter's generate revenue?
What are the primary brands under Carter's, Inc.?
How does Carter's differentiate itself from competitors?
Where does Carter's source its products?
What is Carter's omnichannel strategy?
What is the significance of Carter's in the market?
Does Carter's operate internationally?
