Financial Performance - Second Quarter 2025 (GAAP) - Net sales increased by 4% to $585 million compared to $564 million in 2024 [2] - Operating income significantly decreased by 90% to $4 million, representing 0.7% of net sales, compared to $39 million, or 7.0% of net sales in the prior year [2] - Net income saw a substantial decline of 98%, resulting in a minimal $0.4 million, or 0.1% of net sales, compared to $28 million, or 4.9% of net sales in 2024 [2] - Diluted EPS decreased by 99% to $0.01, down from $0.76 in the previous year [2] - EBITDA decreased by 65% to $19 million, which is 3.2% of net sales, compared to $53 million, or 9.5% of net sales in 2024 [2] Financial Performance - First Half 2025 (GAAP) - Net sales slightly decreased by 1% to $1,215 million from $1,226 million in 2024 [3] - Operating income decreased significantly by 68% to $30 million, representing 2.5% of net sales, compared to $94 million, or 7.7% of net sales in the prior year [3] - Net income decreased by 76% to $16 million, which is 1.3% of net sales, compared to $66 million, or 5.4% of net sales in 2024 [3] - Diluted EPS decreased by 76% to $0.43, down from $1.80 in the previous year [3] - EBITDA decreased by 53% to $58 million, representing 4.8% of net sales, compared to $123 million, or 10.0% of net sales in 2024 [3] Adjusted Financial Performance - Second Quarter 2025 - Adjusted operating income decreased by 70% to $12 million, representing 2.0% of net sales, compared to $39 million, or 7.0% of net sales in 2024 [9, 12] - Adjusted diluted EPS decreased by 78% to $0.17, down from $0.76 in the previous year [9, 12] Adjusted Financial Performance - First Half 2025 - Adjusted operating income decreased by 50% to $47 million, representing 3.9% of net sales, compared to $94 million, or 7.7% of net sales in 2024 [19, 22] - Adjusted diluted EPS decreased by 54% to $0.83, down from $1.80 in the previous year [19, 22] Segment Performance - Second Quarter 2025 - U.S. Retail net sales increased by approximately $9 million to $300 million, with operating income at $4 million, a decrease of $14 million [13] - U.S. Wholesale net sales remained comparable at $193 million, with operating income decreasing by $9 million to $27 million [13] - International net sales increased by $11 million to $93 million, with operating income decreasing by $2 million to $4 million [13] Balance Sheet & Cash Flow - Cash increased to $338 million from $317 million [25] - Inventory increased by 3% to $619 million, driven by higher tariffs [25, 26] - Operating cash flow was $(8) million, a decrease from $92 million in the prior year [25]

Core Viewpoint - Carter's reported quarterly earnings of $0.17 per share, significantly missing the Zacks Consensus Estimate of $0.43 per share, and down from $0.76 per share a year ago, indicating a -60.47% earnings surprise [1][2] Financial Performance - The company posted revenues of $585.31 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.92%, and up from $564.43 million year-over-year [2] - Over the last four quarters, Carter's has exceeded consensus revenue estimates four times [2] Stock Performance - Carter's shares have declined approximately 39.6% since the beginning of the year, contrasting with the S&P 500's gain of 8.2% [3] - The current Zacks Rank for Carter's is 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.98 on revenues of $750.68 million, and for the current fiscal year, it is $3.57 on revenues of $2.8 billion [7] - The estimate revisions trend for Carter's was mixed ahead of the earnings release, which may change following the recent report [6] Industry Context - The Shoes and Retail Apparel industry, to which Carter's belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Carter's stock performance [5]

[Earnings Release Summary](index=1&type=section&id=Earnings%20Release%20Summary) The new CEO outlines stabilizing sales trends in direct-to-consumer channels but notes a significant decline in profitability due to investments and tariffs [CEO Commentary and Key Learnings](index=1&type=section&id=CEO%20Commentary%20and%20Key%20Learnings) The new CEO notes stabilizing direct-to-consumer sales but expresses disappointment in profitability decline due to investments and tariffs, emphasizing a return to fundamental, profitable growth - Direct-to-consumer businesses achieved comparable sales growth in the U.S., Canada, and Mexico, with improving trends in U.S. Retail store traffic, conversion, and demand for core Baby apparel[3](index=3&type=chunk) - Profitability declined due to investments in pricing, new stores, more normalized performance-based compensation, and the initial impact of higher tariffs on imported products[4](index=4&type=chunk) - The new CEO's strategy emphasizes a return to fundamentals, focusing on serving a new generation of families with high-quality, modern products and exceptional value to drive profitable growth[5](index=5&type=chunk)[7](index=7&type=chunk) [Financial Performance Analysis](index=2&type=section&id=Financial%20Performance%20Analysis) The company experienced sales growth in Q2 2025 but a sharp decline in profitability across consolidated and segment results due to increased costs [Consolidated Results](index=2&type=section&id=Consolidated%20Results) Consolidated results show Q2 2025 net sales growth of 3.7% contrasted with an 89.7% GAAP operating income decline, reflecting investments and special charges [Second Quarter Fiscal 2025 vs. 2024](index=2&type=section&id=Second%20Quarter%20Fiscal%202025%20vs.%202024) Q2 2025 saw net sales increase by 3.7%, but GAAP operating income and net income plummeted by 89.7% and 98.6% respectively Q2 2025 vs Q2 2024 Key Metrics | Metric | Q2 2025 (in millions) | Q2 2024 (in millions) | Change | | :--- | :--- | :--- | :--- | | Net Sales | $585.3 | $564.4 | +3.7% | | Operating Income (GAAP) | $4.0 | $39.5 | -89.7% | | Operating Margin (GAAP) | 0.7% | 7.0% | -6.3 p.p. | | Adjusted Operating Income | $11.8 | $39.5 | -70.2% | | Adjusted Operating Margin | 2.0% | 7.0% | -5.0 p.p. | | Net Income (GAAP) | $0.4 | $27.6 | -98.6% | | Diluted EPS (GAAP) | $0.01 | $0.76 | -98.7% | | Adjusted Diluted EPS | $0.17 | $0.76 | -77.6% | - The sales increase was driven by growth in International (**+14.1%**) and U.S. Retail (**+3.2%**) segments, while U.S. Wholesale was comparable to the prior year[11](index=11&type=chunk)[12](index=12&type=chunk) - The significant drop in operating margin was due to investments in pricing, new/remodeled stores, costs for operating model improvements, leadership transition, and increased performance-based compensation[13](index=13&type=chunk) [First Half of Fiscal 2025 vs. 2024](index=3&type=section&id=First%20Half%20of%20Fiscal%202025%20vs.%202024) The first half of fiscal 2025 experienced a 0.9% sales decline and a 68.1% GAAP operating income drop, with operating cash flow turning negative H1 2025 vs H1 2024 Key Metrics | Metric | H1 2025 (in millions) | H1 2024 (in millions) | Change | | :--- | :--- | :--- | :--- | | Net Sales | $1,220 | $1,230 | -0.9% | | Operating Income (GAAP) | $30.1 | $94.5 | -68.1% | | Operating Margin (GAAP) | 2.5% | 7.7% | -5.2 p.p. | | Adjusted Operating Income | $47.1 | $94.5 | -50.1% | | Adjusted Operating Margin | 3.9% | 7.7% | -3.8 p.p. | | Net Income (GAAP) | $16.0 | $65.7 | -75.6% | | Diluted EPS (GAAP) | $0.43 | $1.80 | -76.1% | | Adjusted Diluted EPS | $0.83 | $1.80 | -53.9% | - The sales decline was due to lower U.S. Wholesale (**-3.1%**) and U.S. Retail (**-0.7%**) sales, partially offset by International growth (**+4.1%**)[16](index=16&type=chunk) - Net cash from operating activities turned negative to a use of **$8.3 million**, compared to a source of **$91.7 million** in H1 2024, primarily due to lower earnings and higher inventory levels[20](index=20&type=chunk) [Business Segment Results](index=9&type=section&id=Business%20Segment%20Results) International sales led growth in Q2 2025 and H1 2025, but all segments experienced significant operating margin compression Q2 2025 Segment Performance vs. Q2 2024 | Segment | Q2 2025 Net Sales (in millions) | YoY Change | Q2 2025 Op. Margin | Q2 2024 Op. Margin | | :--- | :--- | :--- | :--- | :--- | | U.S. Retail | $299.5 | +3.2% | 1.3% | 6.2% | | U.S. Wholesale | $193.0 | 0.0% | 14.0% | 18.8% | | International | $92.8 | +14.1% | 3.9% | 6.8% | H1 2025 Segment Performance vs. H1 2024 | Segment | H1 2025 Net Sales (in millions) | YoY Change | H1 2025 Op. Margin | H1 2024 Op. Margin | | :--- | :--- | :--- | :--- | :--- | | U.S. Retail | $594.0 | -0.7% | 1.0% | 5.4% | | U.S. Wholesale | $443.1 | -3.1% | 18.6% | 21.8% | | International | $178.1 | +4.1% | 1.9% | 4.5% | [Business Outlook and Capital Allocation](index=4&type=section&id=Business%20Outlook%20and%20Capital%20Allocation) The company returned capital via dividends but suspended fiscal 2025 guidance due to leadership transition and significant tariff uncertainty [Return of Capital](index=4&type=section&id=Return%20of%20Capital) The company returned **$38.1 million** to shareholders via dividends in H1 2025, including a **$0.25** per share Q2 dividend, with no share repurchases - Paid a cash dividend of **$0.25** per common share in Q2 2025, totaling **$9.1 million**[21](index=21&type=chunk) - Total cash dividends paid in the first half of fiscal 2025 amounted to **$38.1 million**[21](index=21&type=chunk) - No shares were repurchased in the first half of fiscal 2025[21](index=21&type=chunk) [2025 Business Outlook and Tariffs](index=4&type=section&id=2025%20Business%20Outlook%20and%20Tariffs) Fiscal 2025 guidance is suspended due to leadership transition and new tariffs, which could impact pre-tax earnings by **$125 million to $150 million** annually - Fiscal 2025 guidance has been suspended due to the leadership transition and significant uncertainty surrounding proposed new tariffs[26](index=26&type=chunk) - The estimated gross annualized pre-tax earnings impact of additional import duties is approximately **$125 million to $150 million**[24](index=24&type=chunk) - The company anticipates a net additional baseline tariff impact to pre-tax earnings of approximately **$35 million** in the second half of fiscal 2025[25](index=25&type=chunk) - Mitigation strategies for tariffs include changes to product assortments, cost sharing with vendors, altering production mix by country, and raising prices[24](index=24&type=chunk) [Consolidated Financial Statements](index=8&type=section&id=Consolidated%20Financial%20Statements) Key financial statements reveal Q2 2025 sales growth but a sharp decline in profitability, increased inventories, and negative operating cash flow in H1 2025 [Condensed Consolidated Statements of Operations](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Q2 2025 net sales increased to **$585.3 million**, but operating income plummeted to **$4.0 million** and net income to **$0.4 million** due to higher expenses Statement of Operations Summary (in thousands) | Account | Q2 2025 | Q2 2024 | H1 2025 | H1 2024 | | :--- | :--- | :--- | :--- | :--- | | Net sales | $585,313 | $564,434 | $1,215,139 | $1,225,926 | | Gross profit | $281,760 | $282,937 | $572,850 | $598,127 | | Operating income | $4,044 | $39,452 | $30,146 | $94,488 | | Net income | $446 | $27,639 | $15,985 | $65,672 | | Diluted EPS | $0.01 | $0.76 | $0.43 | $1.80 | [Condensed Consolidated Balance Sheets](index=10&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) As of June 28, 2025, total assets reached **$2.46 billion**, marked by a significant increase in finished goods inventories to **$619.1 million** Balance Sheet Summary (in thousands) | Account | June 28, 2025 | Dec 28, 2024 | June 29, 2024 | | :--- | :--- | :--- | :--- | | Cash and cash equivalents | $338,183 | $412,926 | $316,646 | | Finished goods inventories, net | $619,074 | $502,332 | $599,295 | | Total current assets | $1,158,221 | $1,142,672 | $1,102,386 | | Total assets | $2,455,552 | $2,433,167 | $2,355,517 | | Total current liabilities | $525,671 | $508,816 | $527,643 | | Long-term debt, net | $498,531 | $498,127 | $497,735 | | Total liabilities | $1,601,650 | $1,578,605 | $1,543,767 | | Total shareholders' equity | $853,902 | $854,562 | $811,750 | [Condensed Consolidated Statements of Cash Flows](index=11&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) H1 2025 saw a **$8.3 million** net cash outflow from operating activities, a reversal from prior year, driven by lower earnings and increased inventories Cash Flow Summary for First Half (in thousands) | Account | H1 2025 | H1 2024 | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | $(8,338) | $91,691 | | Net cash used in investing activities | $(26,546) | $(24,315) | | Net cash used in financing activities | $(42,817) | $(99,357) | | Net decrease in cash and cash equivalents | $(74,743) | $(34,567) | - The negative operating cash flow was primarily driven by lower net income and a significant increase in finished goods inventories (**$114.0 million**)[44](index=44&type=chunk) [Non-GAAP Financial Measures Reconciliation](index=2&type=section&id=Non-GAAP%20Financial%20Measures%20Reconciliation) The company provides reconciliations for non-GAAP adjustments, including operating model and leadership transition costs, and constant currency sales [Reconciliation of GAAP to Adjusted Results](index=2&type=section&id=Reconciliation%20of%20GAAP%20to%20Adjusted%20Results) Non-GAAP adjustments, primarily for operating model and leadership transition costs, significantly increased Q2 2025 adjusted operating income to **$11.8 million** Q2 2025 GAAP to Adjusted Reconciliation (in millions, except EPS) | Metric | As Reported (GAAP) | Adjustments | As Adjusted | | :--- | :--- | :--- | :--- | | Operating Income | $4.0 | $7.7 | $11.8 | | Net Income | $0.4 | $5.9 | $6.3 | | Diluted EPS | $0.01 | $0.16 | $0.17 | H1 2025 GAAP to Adjusted Reconciliation (in millions, except EPS) | Metric | As Reported (GAAP) | Adjustments | As Adjusted | | :--- | :--- | :--- | :--- | | Operating Income | $30.1 | $17.0 | $47.1 | | Net Income | $16.0 | $14.1 | $30.1 | | Diluted EPS | $0.43 | $0.40 | $0.83 | - Adjustments for Q2 2025 consist of **$6.6 million** for operating model improvement costs and **$1.1 million** for leadership transition costs[10](index=10&type=chunk) [Reconciliation of Net Income to EBITDA and Adjusted EBITDA](index=14&type=section&id=Reconciliation%20of%20Net%20Income%20to%20EBITDA%20and%20Adjusted%20EBITDA) Q2 2025 EBITDA declined to **$18.8 million**, with Adjusted EBITDA at **$26.5 million**, reflecting a significant drop in core operational profitability Reconciliation of Net Income to EBITDA and Adjusted EBITDA (in millions) | Metric | Q2 2025 (in millions) | Q2 2024 (in millions) | H1 2025 (in millions) | H1 2024 (in millions) | | :--- | :--- | :--- | :--- | :--- | | Net Income | $0.4 | $27.6 | $16.0 | $65.7 | | EBITDA | $18.8 | $53.5 | $58.1 | $123.1 | | Total Adjustments | $7.7 | $— | $17.0 | $— | | Adjusted EBITDA | $26.5 | $53.5 | $75.0 | $123.1 | [Reconciliation of Constant Currency Net Sales](index=15&type=section&id=Reconciliation%20of%20Constant%20Currency%20Net%20Sales) Foreign currency fluctuations negatively impacted reported sales, with Q2 2025 consolidated net sales growth at **3.7%** reported versus **4.2%** constant currency Q2 2025 Constant Currency Net Sales Reconciliation | Segment | Reported Net Sales % Change | Constant Currency Net Sales % Change | | :--- | :--- | :--- | | Consolidated | 3.7% | 4.2% | | International | 14.1% | 17.9% | H1 2025 Constant Currency Net Sales Reconciliation | Segment | Reported Net Sales % Change | Constant Currency Net Sales % Change | | :--- | :--- | :--- | | Consolidated | (0.9)% | (0.1)% | | International | 4.1% | 9.7% |

Core Insights - Carter's, Inc. (CRI) is expected to report second-quarter 2025 results on July 25, with projected revenue growth but a decline in earnings year-over-year [1][11] Revenue Performance - The Zacks Consensus Estimate for second-quarter revenues is $580 million, reflecting a 2.8% increase from the previous year [2] - Strong demand in the baby and toddler categories, along with positive trends in international markets, particularly Canada and Mexico, are expected to contribute to revenue growth [5][4] Earnings Expectations - The consensus estimate for quarterly earnings is 43 cents per share, indicating a significant decrease of 43.4% from the same quarter last year [2][11] - The company has a trailing four-quarter earnings surprise of 39.9%, with the last quarter's earnings beating the Zacks Consensus Estimate by 24.5% [3] Factors Influencing Performance - Improved online engagement, competitive promotions, and favorable timing of the Easter holiday have positively impacted comparable sales [5][4] - U.S. wholesale sales are projected to increase by 7.2% year-over-year in the second quarter [7] Margin and Profitability Challenges - The company's pricing strategy, which included approximately $12 million in price reductions in the first quarter and plans for an additional $20 million, has pressured gross margins despite supporting sales growth [8][10] - Higher operating costs, including fixed cost deleverages and ongoing investments in digital infrastructure, are expected to constrain profitability, with adjusted operating income predicted to decline by 40.2% year-over-year to $23.6 million [10][11] Valuation Perspective - Carter's is trading at a forward 12-month price-to-earnings ratio of 9.39X, which is below both its five-year high of 21.14X and the industry average of 29.33X, indicating an attractive investment opportunity [14] Market Performance - CRI shares have decreased by 15.7% over the past three months, contrasting with a 24% growth in the industry [15]

Core Viewpoint - Churchill Resources Inc. has successfully closed a non-brokered private placement, raising $700,000 through the sale of 14,000,000 common shares at $0.05 per share [1][2]. Group 1: Private Placement Details - The proceeds from the private placement will be utilized for advancing exploration activities at key projects and for general corporate purposes [2]. - No agency or finder's fees were incurred in connection with the private placement, and the shares issued will be subject to a statutory hold period of four months and one day [2]. - The private placement is pending final approval from the TSX Venture Exchange [2]. Group 2: Insider Participation - Certain insiders acquired a total of 3,000,000 shares in the private placement, which is classified as a "related party transaction" under Multilateral Instrument 61-101 [3]. - The company is exempt from obtaining a formal valuation or minority shareholder approval for the insiders' participation based on specific sections of MI 61-101 [3]. - A material change report was not filed 21 days prior to the closing as insider participation had not been confirmed at that time [3]. Group 3: Company Overview - Churchill Resources Inc. is focused on exploring strategic, critical minerals in Canada, particularly at its Black Raven, Taylor Brook, and Florence Lake properties in Newfoundland and Labrador [4]. - The Black Raven property is noted for its polymetallic metal assemblage and historical production, presenting a unique exploration opportunity [4]. - The management team has extensive experience in mineral exploration and establishing successful publicly listed mining companies [4].

Core Viewpoint - Churchill Resources Inc. has announced high-grade results from due-diligence sampling at its Black Raven property, indicating the presence of polymetallic minerals including significant zinc, gold, silver, and lead grades [1][5]. Summary by Relevant Sections Sampling Results - The final due-diligence sample results revealed three over-limit zinc assays of 5.25%, 11.03%, and 12.11% from grab samples 305, 315, and 321 respectively [1][4]. - Other notable grades from the samples include silver grades ranging from 153 g/t to 395 g/t, gold grades from 2.16 g/t to 7.79 g/t, and lead grades from 3.10% to 8.83% [2]. Historical Context - The Black Raven Property includes two past-producing mines, the Frost Cove Antimony Mine and the Stewart Gold Mine, which had historical grades of 35.1% antimony and 14.4 g/t gold respectively [6]. - The property is located approximately 60 km northwest of Gander, Newfoundland, and has not been drilled previously [4][6]. Importance of Antimony - Antimony is highlighted as a critical mineral with over 90% of global production controlled by non-Western countries, emphasizing its strategic importance for national security and modern technology [7]. - Recent export restrictions from China have driven antimony prices to record levels exceeding $50,000 per tonne, underscoring the need for domestic sources in North America [7]. Due-Diligence Sampling Program - The sampling program was conducted by an independent qualified person, Dr. Derek Wilton, and involved various critical minerals including antimony, gold, silver, lead, zinc, copper, and molybdenum [8]. - All samples were securely delivered to SGS Canada Inc. for analysis, with specific methods employed for over-limit assays [8]. Company Overview - Churchill Resources Inc. focuses on strategic critical minerals in Canada, particularly at its Black Raven, Taylor Brook, and Florence Lake properties [15]. - The management team has extensive experience in mineral exploration and the establishment of successful mining companies [15].

Core Viewpoint - Churchill Resources Inc. is undertaking a non-brokered private placement to raise up to $700,000 and is implementing a strategic leadership transition to enhance its capital markets presence and operational execution as it advances its projects in Newfoundland and Labrador [1][2]. Private Placement Financing - The private placement will consist of up to 14,000,000 common shares priced at $0.05 per share, with proceeds aimed at advancing exploration activities and general corporate purposes [2]. - The expected closing date for the private placement is around July 9, 2025, pending approval from the TSX Venture Exchange [2]. Strategic Leadership Changes - The leadership transition aims to strengthen the company's strategic and operational capabilities while maximizing continuity benefits [3]. - Conan McIntyre will focus on corporate strategy, capital markets activities, and business development, while Paul Sobie will concentrate on advancing exploration programs [4]. Exploration Focus - Paul Sobie expressed enthusiasm for dedicating full attention to exploration activities at key sites including Black Raven, Taylor Brook, and Florence Lake, aiming to accelerate field programs and maximize asset value [6]. - The Black Raven property is highlighted as a significant exploration opportunity with a polymetallic metal assemblage and historical production evidence, which has not been drilled using modern techniques [7]. Management Experience - The management team and board of Churchill Resources Inc. possess extensive experience in mineral exploration and establishing successful publicly listed mining companies, both in Canada and globally [7].

These samples exceeded the laboratory's original upper detection limit for silver (100 g/t - see release of May 28th 2025), and the results reported herein are from the overage assay protocols. The Black Raven vein systems have never been drilled. "These silver results confirm our belief that the Black Raven system can carry high grade metals in multiple locations," commented Paul Sobie, CEO of Churchill, "Churchill's geological team are on site carrying out a summer surface exploration program, with trench ...

Core Insights - Churchill Resources Inc. announced high-grade assay results from due-diligence sampling at the Frost Cove Antimony mine and Stewart Gold mine, with antimony grades of 35.1% and 29.7%, and gold grades of 14.4 g/t, exceeding laboratory detection limits [1][3] - The Frost Cove antimony veins have been traced over 800 meters on the surface, with historical samples indicating significant antimony concentrations, positioning it among the highest-grade antimony projects globally [3] - The company is initiating a summer surface exploration program to further investigate the Frost Cove and Stewart mines, including trenching, channel sampling, and systematic mapping [3] Company Overview - Churchill Resources focuses on strategic critical minerals in Canada, particularly at its Black Raven property, which includes the Frost Cove Antimony Mine and Stewart Gold-Antimony Mine [15] - The Black Raven Property consists of nine map-staked licenses covering 3,125 hectares, with a 4 km area of interest agreed upon with vendors [9] - The company has the potential for year-round exploration in a favorable jurisdiction, which could lead to rapid project development [3] Industry Context - Antimony is classified as a critical mineral, essential for national security and modern technology, with over 90% of global production controlled by China, Russia, and other non-Western jurisdictions [5] - Recent Chinese export restrictions have driven antimony prices to record levels exceeding $50,000 per tonne, highlighting its strategic importance for North American supply chains [5] - The demand for antimony is increasing due to its applications in military, flame retardants, and emerging energy storage technologies [5]

Core Insights - Nike, Carter's, and Wendy's will trade ex-dividend on 6/2/25, with respective dividends of $0.40, $0.25, and $0.14 [1] - The estimated annualized yields for these companies are 2.59% for Nike, 2.99% for Carter's, and 5.01% for Wendy's [3] Dividend Details - Nike's quarterly dividend of $0.40 will be paid on 7/1/25 [1] - Carter's quarterly dividend of $0.25 will be paid on 6/20/25 [1] - Wendy's quarterly dividend of $0.14 will be paid on 6/16/25 [1] Stock Price Impact - Nike shares are expected to open 0.65% lower, Carter's 0.75% lower, and Wendy's 1.25% lower on 6/2/25 due to the dividend payouts [2] - Current trading performance shows Nike shares down about 1.7%, Carter's up about 3.3%, and Wendy's down about 0.3% [4]