Second Quarter 2020 Results & Business Update July 24, 2020 Second Quarter 2020 Results (GAAP Basis) Weighted average shares outstanding 43 45 (4%) EBITDA1$43 8.3% $88 11.9% (51%) $ in millions, except EPS | --- | --- | --- | --- | --- | --- | |-----------------------------------------------|-----------|--------------|-----------|------------|------------------------| | | Q2 2020 | % of Sales | Q2 2019 | % of Sales | Increase / (Decrease) | | Net sales | $515 | | $734 | | (30%) | | Gross profit | 236 | 45.7 ...

CarterÂ's, Inc. (NYSE:CRI) Q1 2020 Earnings Conference Call May 5, 2020 8:30 AM ET Company Participants Michael Casey – Chairman and Chief Executive Officer Richard Westenberger – Executive Vice President and Chief Financial Officer Brian Lynch – President Conference Call Participants David Buckley – Bank of America Paul Lejuez – Citi Ike Boruchow – Wells Fargo Susan Anderson – B. Riley FBR John Morris – D.A Davidson Operator Welcome to Carter's First Quarter 2020 Earnings Conference Call. On the call today ...

First Quarter 2020 Results & Business Update May 5, 2020 Q1 2020 Results – Net Sales (8%) $ in millions Consolidated Net Sales Q1 2020 Net Sales: $654 (15%) | --- | --- | --- | --- | |-------|------------|-------------------------|-------------------------------------------------| | | | | | | $741 | (12%) $654 | U . S. Retail $321 49% | U.S. Wholesale $252 39% International $82 12% | Note: Results may not be additive due to rounding. 2 Q1 2020 Results – Charges and Notable Items | --- | --- | --- | --- | |- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 28, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______to ______ Commission file number: 001-31829 CARTER'S, INC. (Exact name of registrant as specified in its charter) Delaware 13-3912933 (State or other jurisdiction of (I ...

Financial Data and Key Metrics Changes - The company reported fourth quarter sales of $1.1 billion, marking the strongest quarterly sales ever [6] - Full year net sales were just over $3.5 billion, with adjusted EPS of $6.46, representing a growth of 3% over 2018 [52][53] - Adjusted gross margin was 42.5%, down 70 basis points from last year due to higher inventory provisions and tariffs [54] - Fourth quarter adjusted operating income was $162 million, with an adjusted operating margin of 14.7% [55] Business Line Data and Key Metrics Changes - U.S. retail segment sales grew 2% in the fourth quarter, with comparable sales increasing by 1.6% driven by strong e-commerce growth [60] - U.S. wholesale segment net sales were $349 million, down 1% compared to the prior year, with lower sales to the off-price channel [73] - International sales increased over last year in the fourth quarter, driven by strong performance in Canada with nearly 8% increase in comparable retail sales [79] Market Data and Key Metrics Changes - The young children's apparel market in the U.S. declined by 6% last year, impacting overall sales [52] - The company gained market share in the U.S., increasing its share by 40 basis points to 13.8% [52] - E-commerce sales grew to 36% of total retail sales in the quarter, up from 32% last year [8] Company Strategy and Development Direction - The company plans to grow sales by over $400 million by 2024, with more than half of that growth expected from U.S. e-commerce [15] - The growth strategy focuses on four key areas: winning in baby, aging up brands, leading in e-commerce, and expanding globally [19] - The company aims to improve operating margin to about 12.5% by 2024 through various productivity initiatives [43][96] Management's Comments on Operating Environment and Future Outlook - Management noted that the retail environment remains challenging, but the outlook for the business is good [48] - The company expects sales growth in the 2% to 3% range for 2020, with stronger growth anticipated in the second half of the year [103] - There are concerns regarding potential supply chain disruptions due to the coronavirus situation, which may impact growth plans [107] Other Important Information - The Board of Directors declared a 20% increase in the quarterly dividend and authorized an additional $500 million in share repurchase [12][102] - The company has made significant investments in technology to enhance the online shopping experience and improve inventory management [44][28] Q&A Session Summary Question: Can you provide more detail on the gross margin pressure in the fourth quarter? - Management indicated that gross margin was below expectations due to additional inventory provisions and changes in customer mix affecting wholesale margins [110] Question: What is the outlook for the kids market and the age up initiative? - The market for ages 0 to 10 declined 6%, with the age up initiative generating about $100 million in new sales in 2019, particularly in the 5 to 10-year-old segment [112][114] Question: How should we think about the contribution from retail and wholesale in the sales growth guidance? - The company is planning low single-digit growth in both retail and wholesale, with expectations for stronger performance in the second half of the year [116]

carter's, inc. Fourth Quarter/Fiscal Year 2019 Results & Business Update February 24, 2020 Fourth Quarter 2019 Results (GAAP Basis) | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------------------------|--------------------------------|-------|--------|-------|------------| | | | $ in millions, except EPS \nQ4 | % of | Q4 | % of | Increase / | | | | 2019 | Sales | 2018 | Sales | (Decrease) | | | | $1,101 | | $1,086 | | 1% | | | | 467 | 42.5% | 468 | 43.0% | - | | | | 7 | 0.7% | 10 | 1.0% ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 29, 2018 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____ TO ______ Commission file number: 001-31829 CARTER'S, INC. (Exact name of Registrant as specified in its charter) Delaware 13-3912933 (state or other jurisdiction of (I ...