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Carter's Q3 Earnings on Deck: Will Adverse Trends Hurt Performance?
ZACKS· 2025-10-22 16:15
Core Viewpoint - Carter's, Inc. is expected to report a decline in both revenue and earnings for the third quarter of 2025, with challenges stemming from macroeconomic pressures and a tough retail environment [1][4]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for third-quarter revenues is $751 million, reflecting a decrease of 0.98% compared to the same quarter last year [2]. - The consensus estimate for quarterly earnings is 78 cents per share, indicating a significant drop of 52.4% from the previous year's figure [2]. Recent Performance and Trends - Carter's has a trailing four-quarter earnings surprise of 7.5% on average, but the last reported quarter saw a substantial miss of 60.5% against the Zacks Consensus Estimate [3]. - The U.S. Retail segment has shown modest improvement, with a 2% comparable sales gain in July and strong sales in the baby category, which increased by double digits [5]. Challenges and Market Conditions - The company faces persistent inflation and high interest rates, which are impacting its core demographic of families with young children [4]. - Discretionary spending constraints are affecting apparel demand, and the promotional marketplace is likely to have restrained top-line growth [6]. - Higher selling, general and administrative expenses (SG&A) as a percentage of sales are straining operating margins due to fixed cost deleverage from lower sales [7]. Strategic Initiatives - Carter's is focusing on strategic initiatives to improve long-term performance, including enhancing merchandise assortments and refining inventory management [9]. - The company is also implementing improved pricing strategies and strengthening its e-commerce capabilities to adapt to changing consumer preferences [9]. Valuation Perspective - From a valuation standpoint, Carter's is trading at a forward 12-month price-to-earnings ratio of 12.12X, which is below its five-year high of 21.14X and the industry average of 28.76X, presenting an attractive opportunity for investors [13]. - Over the past three months, CRI's shares have declined by 9.1%, compared to an 11.4% decline in the industry [14].
Churchill Resources Provides Update on Fall Drilling & Trenching Program at Frost Cove Antimony Mine; Massive Stibnite Seams Discovered
Globenewswire· 2025-10-20 11:00
Core Insights - Churchill Resources Inc. is advancing its exploration program at the Black Raven Property in Central Newfoundland, focusing on antimony, gold, and silver, with a systematic approach that includes 5,000 meters of drilling and extensive trenching [1][3][8] Exploration Progress - The exploration program commenced on September 15, 2025, targeting the historic Frost Cove Antimony Mine first, followed by the Stewart Gold Mine and Taylor's Room Gold-Silver-Lead-Zinc prospect [1][3] - As of October 18, 2025, 16 core holes have been completed with a cumulative depth of 1,470 meters, and ten surface trenches have been sampled [3][4] - Significant antimony mineralization has been intercepted in 14 of the 16 drill holes and in 9 of the 10 surface trenches, indicating a promising mineralization potential [3][4] Mineralization Findings - Massive stibnite seams, typically 10-20 cm thick, have been identified in the shear zone, with notable samples taken from Trenches 3 and 10 [3][4] - A second historic shaft located 780 meters south of the mine entrance has also revealed massive stibnite seam mineralization, traced for approximately 80 meters [3][4] Sample Analysis - A total of 93 core samples and 48 channel and grab samples have been submitted for analysis, with plans for an additional 1,000 samples by the end of October [4][6] - Soil sampling is being utilized as a regional exploration tool, with 673 soil samples submitted for multi-element analysis [4][9] Metallurgical Studies - Preliminary metallurgical studies have shown excellent recoveries of antimony using conventional gravity-flotation techniques, with final results expected soon [6][8] Strategic Importance - The evaluation program aims to define mineralization at depth and along strike, with the goal of establishing a high-grade underground mine to supply North American and European markets [8][9] - Antimony is recognized as a critical mineral for national security and various industrial applications, highlighting the importance of securing a domestic supply [9][10] Project Background - The Black Raven Property is located approximately 60 km northwest of Gander, Newfoundland, and hosts a high-grade polymetallic stockworks vein system [11][12] - The project benefits from excellent infrastructure and a well-developed mineral exploration sector in Newfoundland and Labrador [11][13]
OshKosh B'gosh Introduces the Reissued Collection, Iconic Styles Pulled from the Vault, Modernized for Today's Families
Businesswire· 2025-10-17 10:45
ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI) – For generations, families have grown up in OshKosh B'gosh, the brand synonymous with childhood denim and the iconic World's Best Overallsâ"¢. Today, Carter's, Inc., North America's largest and most-enduring apparel company exclusively for babies and young children, announces the debut of The OshKosh Reissued Collection, a new, ongoing product collection will feature and reintroduce a limited selection of the brand's most iconic styles from th. ...
Carter's, Inc. to Report Third Quarter Fiscal 2025 Results on Monday, October 27, 2025
Businesswire· 2025-10-17 10:15
Core Viewpoint - Carter's, Inc. is set to report its third quarter fiscal 2025 results on October 27, 2025, before the market opens, indicating ongoing business operations and performance tracking [1] Company Summary - Carter's, Inc. is recognized as North America's largest and most enduring apparel company focused exclusively on babies and young children [1] - A conference call will be held on the same day at 8:30 a.m. Eastern Daylight Time to discuss the results and provide a business update [1]
Carter's Stock: Oversold With Potential Catalysts (NYSE:CRI)
Seeking Alpha· 2025-10-11 03:29
Core Insights - Carter's (NYSE: CRI) shares have significantly underperformed over the past year, losing 50% of their value due to a challenging consumer spending environment [1] Company Performance - The company has faced difficulties attributed to a muted consumer spending environment, impacting its stock performance negatively [1] Market Context - The broader economic conditions have not favored Carter's, contributing to the decline in its stock value [1]
Carter's: Oversold With Potential Catalysts
Seeking Alpha· 2025-10-11 03:29
Group 1 - Carter's (NYSE: CRI) shares have significantly underperformed over the past year, losing 50% of their value due to a weak consumer spending environment [1] - The company has faced challenges in the current economic climate, impacting its stock performance [1] Group 2 - The article does not provide additional insights or data related to the industry or company beyond the performance of Carter's [1]
Where is Carter’s, Inc. (CRI) Headed According to Analysts?
Yahoo Finance· 2025-10-07 06:16
Group 1 - Carter's, Inc. reported net sales of $585 million in fiscal Q2 2025, a 4% increase from $564 million in the same period last year [1] - Adjusted EPS for the quarter was $0.01, a significant decline from $0.76 in fiscal Q2 2024 [1] - The company manufactures and sells apparel and related accessories for babies and kids under various brands, including Carter's and OshKoshB'gosh [3] Group 2 - Following the earnings release, Citi analyst Paul Lejuez maintained a Hold rating and reduced the price target from $33 to $28 [2] - Barclays also maintained a Sell rating, cutting the price target from $25 to $22 [2] - UBS analyst Jay Sole reiterated a Hold rating while lowering the price target from $32 to $26 [2]
Churchill Resources Announces Completion of $3,000,000 Private Placement
Globenewswire· 2025-10-01 21:08
Core Viewpoint - Churchill Resources Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $3,000,000 through the sale of 37,500,000 common shares at a price of $0.08 per share [1][2]. Group 1: Private Placement Details - The proceeds from the private placement will be utilized to advance strategic assets in Newfoundland & Labrador, particularly the Black Raven Antimony-Gold Project and for general corporate purposes [2]. - The company paid a cash fee of $210,000 to eligible finders, which is 7% of the gross proceeds, and issued 2,625,000 non-transferrable finders warrants to these finders [3]. - Each finders warrant allows the holder to acquire one share at a price of $0.08 for a period of 24 months following the completion of the private placement [3]. Group 2: Regulatory and Corporate Actions - The securities issued in the private placement are subject to a statutory hold period of four months and one day from the date of issuance and are pending final approval from the TSX Venture Exchange [4]. - The board of directors has approved the grant of 8.2 million stock options to certain directors, officers, and consultants, exercisable at a price of $0.14 with a five-year term [4]. Group 3: Company Overview - Churchill Resources Inc. is focused on strategic, critical minerals in Canada, with key properties including Black Raven, Taylor Brook, and Florence Lake in Newfoundland and Labrador [5]. - The Black Raven property, which hosts the historic Frost Cove Antimony Mine, presents a unique exploration opportunity due to its polymetallic metal assemblage and historical production [5]. - The management team has extensive experience in mineral exploration and the establishment of successful publicly listed mining companies [5].
Carter's Adopts Limited Duration Stockholder Rights Agreement In Response to Rapid Stock Accumulation
Businesswire· 2025-09-24 10:05
Core Viewpoint - Carter's, Inc. has adopted a limited duration stockholder rights agreement in response to the significant accumulation of its common stock by RWWM, Inc., which now holds 16.86% of the company's shares [1]. Group 1: Company Actions - The Board of Directors of Carter's, Inc. has unanimously approved the Rights Agreement to protect the interests of the company and its shareholders [1]. - The Rights Agreement is a strategic move to address the rapid accumulation of shares by RWWM, Inc. [1]. Group 2: Shareholder Dynamics - RWWM, Inc. has disclosed that it has acquired a significant stake of 16.86% in Carter's common stock [1].
Churchill Announces Fully Committed $3 Million Private Placement
Globenewswire· 2025-09-16 11:00
Core Viewpoint - Churchill Resources Inc. has announced a non-brokered private placement of 37,500,000 common shares at a price of $0.08 per share, aiming to raise total gross proceeds of $3 million to advance its strategic assets and for working capital [1][2]. Group 1: Offering Details - The Offering consists of 37,500,000 common shares priced at $0.08 each, totaling gross proceeds of $3 million [1]. - The net proceeds will be utilized to advance strategic assets in Newfoundland & Labrador, including the Black Raven Antimony-Gold Project, and for general corporate purposes [2]. - Finder's fees will be paid, including a cash commission of 7.0% of gross proceeds and the issuance of Finder's Warrants equal to 7.0% of the common shares issued [3]. Group 2: Closing and Regulatory Approval - The closing of the Offering is expected around September 25, 2025, subject to regulatory approvals, including from the TSX Venture Exchange [4]. Group 3: Company Overview - Churchill Resources Inc. is focused on strategic, critical minerals in Canada, particularly at its Black Raven, Taylor Brook, and Florence Lake properties in Newfoundland & Labrador [5]. - The management team has extensive experience in mineral exploration and establishing successful publicly listed mining companies [5]. - The company's projects are positioned to benefit from Newfoundland and Labrador's diverse minerals industry, which includes significant nickel mines and a well-developed exploration sector [5].