Carter’s(CRI)

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Sensei Biotherapeutics to Present Preclinical Data on SNS-103 at the CRI-ENCI Eighth International Immunotherapy Conference
GlobeNewswire News Room· 2024-09-04 20:05
BOSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Sensei Biotherapeutics, Inc. (Nasdaq: SNSE), a clinical stage immuno-oncology company focused on the discovery and development of next-generation therapeutics for cancer patients, today announced that preclinical data on SNS-103 will be presented in a poster session at the CRI-ENCI Eighth International Immunotherapy Conference, being held September 8-11, 2024, at the Gaylord National Resort & Convention Center in National Harbor, MD. Presentation Details: CRI-ENCI ...
Carter's (CRI) Pricing Actions & Wholesale Channel Bode Well
ZACKS· 2024-08-15 16:12
Carter's, Inc. (CRI) has been doing well, thanks to its robust business strategies. The company is benefiting from the success of its pricing strategy, inventory-management efforts and better product offerings. Management is focused on creating a trend-right merchandise assortment, deepening relations with customers via marketing, expanding international markets and efficiently controlling expenses. Delving Deeper Carter's has made significant pricing actions to address market conditions and enhance profita ...
New Strong Sell Stocks for August 8th
ZACKS· 2024-08-08 11:25
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today: Horizon Technology Finance (HRZN) is a closed-end investment company that makes secured loans to development-stage companies in the technology, life science, healthcare information and services, and cleantech industries. The Zacks Consensus Estimate for its current year earnings has been revised 16.9% downward over the last 60 days. Carter's (CRI) is the largest marketer of branded apparel and related products for babies, and young c ...
Carter's: In Fairly Valued Territory, But There Will Be Better Opportunities Later
Seeking Alpha· 2024-07-31 04:35
ArtMarie/E+ via Getty Images Positive margin tailwinds turning: On the margin front, the picture improved thanks to hard comparisons in FY23. During 2022 and early 2023, supply chain disruptions and commodity prices exploding led to lower margins. This cost pressure is declining, and therefore, Carter's can post higher gross margins despite falling total sales and the higher weight of the lower-margin wholesale channel. However, comparisons will be more challenging against the more normalized 2H23 period, a ...
Carter's (CRI) Q2 Earnings Beat, Retail Comps Down 11.7%
ZACKS· 2024-07-29 18:36
Margins Adjusted operating income grew 4% year over year to $39.5 million. The adjusted operating margin increased 70 bps to 7%. As part of the fleet-optimization strategy, the company has opened 10 net stores, primarily focused on mall locations and smaller markets. Management remains committed to testing new store models to boost the store openings. This Zacks Rank #3 (Hold) player ended the second quarter with cash and cash equivalents of $316.6 million, long-term debt of $497.7 million and shareholders' ...
Carter’s(CRI) - 2024 Q2 - Earnings Call Transcript
2024-07-26 16:29
Carter's, Inc. (NYSE:CRI) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Sean McHugh - Vice President and Treasurer Michael Casey - Chairman, President and Chief Executive Officer Richard Westenberger - Senior Executive Vice President, Chief Financial Officer and Chief Operating Officer Kendra Krugman - Senior Executive Vice President, Chief Creative and Growth Officer Conference Call Participants Jay Sole - UBS Warren Cheng - Evercore ISI Ike Boruchow - Wells Fargo Securitie ...
Carter’s(CRI) - 2024 Q2 - Earnings Call Presentation
2024-07-26 15:34
2 0 2 4 T H I R D Q U A R T E R O U T L O O K 1 38 Comparable to down LSD K E Y A S S U M P T I O N S • Higher SG&A Forward-looking adjusted operating income and adjusted diluted EPS have not been reconciled to their most directly comparable GAAP measures. SUPPLEMENTAL INFORMATION Fiscal Quarter Ended F I R S T HALF R E C O N C I L I A T I O N O F A D J U S T E D N E T I N C O M E A L L O C A B L E T O C O M M O N S H A R E H O L D E R S | --- | --- | --- | --- | --- | |------------------------------------- ...
Carter's (CRI) Q2 Earnings Beat Estimates
ZACKS· 2024-07-26 12:25
Carter's (CRI) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earn ...
Carter’s(CRI) - 2024 Q2 - Quarterly Results
2024-07-26 10:18
ATLANTA, July 26, 2024 - Carter's, Inc. (NYSE:CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, today reported its second quarter fiscal 2024 results. "We achieved our second quarter sales and earnings objectives," said Michael D. Casey, Chairman and Chief Executive Officer. EXHIBIT 99.1 Contact: Sean McHugh Vice President & Treasurer (678) 791-7615 Carter's, Inc. Reports Second Quarter Fiscal 2024 Results "The quarter got off to a slow start in April ...
Carter's (CRI) Stock Dips 23% in 3 Months: What You Should Know
ZACKS· 2024-07-02 17:16
Guess designs, markets, distributes and licenses casual apparel and accessories for men, women and children, per the American lifestyle and European fashion sensibilities. GES carries a Zacks Rank #2 at present. Image Source: Zacks Investment Research Carters has been contending with softness in the top line, which declined 4.9% during the first quarter of 2024, following a decline of 5.9% in the preceding quarter. The company cited inflation, higher interest rates, increased consumer debt levels, and reces ...