ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI) (the "Company†or "Carter's†), North America's largest and most-enduring apparel company exclusively for babies and young children, today announced that its Board of Directors (the "Board†) has unanimously adopted a limited duration stockholder rights agreement (the "Rights Agreement†). Carter's recently became aware of the rapid accumulation of a significant amount (16.86%) of the common stock of the Company by RWWM, Inc., ("RWWM†) as disclo. ...

TORONTO, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce a fully committed non-brokered private placement of 37,500,000 common shares in the capital of the Company (each, a “Common Share”) at a price of $0.08 per Common Share (the “Issue Price”) for total gross proceeds of $3 million (the “Offering”). The net proceeds of the Offering are expected to be used by the Company to advance its strategic assets in Newfoundland & Labrador, ...

TORONTO, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce further sample results from July prospecting work on its Black Raven property, host to the past-producing Frost Cove Antimony Mine and Stewart Gold Mine, covering areas away from the historical mines and prospects. Fourteen of 70 samples were from highly mineralized new veins with these highlighted in the table and figure below: "Work at the Black Raven polymetallic system ...

TORONTO, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Churchill Resources Inc. (“Churchill” or the “Company”) (TSXV: CRI) is pleased to announce that permits have been approved by the Mineral Lands Division of the Department of Industry, Energy and Technology (“IET”) for all proposed activities on the Black Raven Project at Moreton’s Harbour, Central Newfoundland, host to the past-producing Frost Cove Antimony Mine. Major activities are expected to include: Trenching and drill pad/access trail preparation by local co ...

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Core Insights - Carter's, Inc. (CRI) reported second-quarter 2025 results with net sales exceeding estimates but adjusted earnings per share (EPS) falling short, indicating mixed performance [1][10] - The company's stock experienced a significant decline of over 15% following the disappointing results and concerns regarding tariffs impacting future profitability [2][6] Financial Performance - Consolidated net sales reached $585.3 million, surpassing the Zacks Consensus Estimate of $580 million, and reflecting a 4% increase from $564.4 million in the prior year [4][10] - Adjusted EPS was reported at 17 cents, missing the consensus estimate of 43 cents, and representing a 77.6% decline from 76 cents in the same quarter last year [3][10] Segment Analysis - U.S. Retail segment sales increased by 3.2% year over year to $299.6 million, with comparable net sales rising 2.2% [11] - The International segment saw a notable 14.1% year-over-year increase in sales to $92.8 million, outperforming expectations [12] - U.S. Wholesale segment sales remained flat at $192.9 million, below the anticipated $206.8 million [11] Margin and Cost Structure - Gross profit decreased by 0.4% year over year to $281.8 million, with gross margin contracting by 200 basis points to 48.1% due to pricing investments [13] - Adjusted operating income fell 70.2% year over year to $11.8 million, with adjusted operating margin decreasing by 500 basis points to 2% [14] Future Outlook - Carter's anticipates a $35 million hit to pre-tax earnings in the second half of fiscal 2025 due to proposed U.S. import tariffs, with total annual impacts estimated between $125 million and $150 million [16][17] - The company has suspended its financial guidance for the remainder of fiscal 2025 due to tariff uncertainties and a recent leadership transition [17]

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Core Insights - The article emphasizes the investment philosophy focused on small cap companies, highlighting the importance of identifying mispriced securities through understanding financial drivers and utilizing DCF model valuation [1] Group 1 - The investment strategy is not confined to traditional categories such as value, dividend, or growth investing, but rather considers all prospects of a stock to assess risk-to-reward [1]

Core Viewpoint - Carter's, Inc. is conducting its Q2 2025 earnings call, highlighting the company's performance and future expectations [2][3]. Group 1: Company Leadership - The call features key executives including CEO Douglas C. Palladini, CFO Richard Westenberger, and Treasurer Sean McHugh [1][2]. - Doug Palladini has been in the role of CEO for just over 100 days, indicating a relatively new leadership perspective [4]. Group 2: Financial Communication - The company has released its Q2 2025 earnings earlier in the day, with materials available on its Investor Relations website [3]. - Forward-looking statements regarding the company's expectations and plans are included in the call, with references to SEC filings for further details [3].

Financial Data and Key Metrics Changes - Sales in Q2 2025 were $585 million, representing a 4% increase compared to the previous year [13][22] - Adjusted operating income for Q2 was $12 million, with an adjusted operating margin of 2% [21][22] - Earnings per share were $0.17 in Q2, down from $0.76 in the same quarter last year [22] - Gross margin in Q2 was 48.1%, a decrease of 200 basis points from the previous year [16][22] Business Line Data and Key Metrics Changes - U.S. Retail sales grew by $9 million, while International sales increased by $11 million in Q2 [23] - U.S. Wholesale sales were comparable to the previous year, with a 14% adjusted operating margin [29] - Baby apparel, the largest segment, saw double-digit sales growth in Q2, continuing a trend from previous quarters [25][26] Market Data and Key Metrics Changes - International segment showed strong performance with sales growth across all components, particularly in Canada (+8% comp) and Mexico (+19% comp) [30][31] - The company experienced a higher mix of excess inventory sales to the off-price channel, impacting profitability [29] Company Strategy and Development Direction - The company aims to return to long-term sustainable and profitable growth by focusing on its iconic brands and improving product development processes [5][35] - A new fleet segmentation strategy is being implemented to enhance consumer connectivity and optimize store assortments [61] - The company is diversifying its sourcing footprint to mitigate tariff impacts and is prepared to raise prices as necessary [39][40] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by tariffs and inflation but expressed confidence in the company's ability to navigate these issues [7][8] - The company is optimistic about the second half of 2025, with early indicators of positive sales trends and improved inventory positions [27][42] - Key risks include potential additional tariffs and consumer response to price increases [43] Other Important Information - The company has a strong balance sheet with good liquidity and cash on hand, projecting positive operating and free cash flow for the full year [33][34] - Significant investments are being made in demand creation and marketing to drive growth [96] Q&A Session Summary Question: Sales growth opportunity and EBIT margin expectations - Management refrained from providing specific sales growth or EBIT margin targets but expressed confidence in returning to profitable growth [68][69] Question: Impact of tariffs and potential offsets - The most meaningful opportunity to offset tariff impacts is through price increases, alongside sharing costs with wholesale partners [70][72] Question: U.S. Retail strategy and store closures - The company is evaluating store closures as leases expire, with a focus on improving productivity in the existing store fleet [79][84] Question: Pricing strategy and consumer response - Price increases have begun in the wholesale channel, with positive consumer response noted for higher-priced products with added features [86][89]