Carter’s(CRI)

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Carter's: An Investment That Is Appealing To More Than Just Parents
Seeking Alpha· 2024-06-17 16:58
JHVEPhoto Becoming a father truly does change your perspective on things and I can definitely say that I have become more cognizant of the things that I do around my son (especially when it comes to cell phone usage) because I know that everything I do will ultimately have a positive or negative implication on him. I expected that quite a bit would change in my life, but I never expected that this new journey would have an impact on how I look at investing, specifically an investment like Carter's (NYSE:CRI ...
Carter's (CRI) Gains From Robust Strategies Amid Inflation Woes
ZACKS· 2024-06-12 16:56
Carter's, Inc. (CRI) has been capitalizing on its pricing strategy, efficient inventory management and enhanced product offerings. It has also witnessed benefits from favorable ocean freight rates, lower inventory levels and decreased distribution and freight costs, all of which have been positively impacting margins and bottom-line growth. Carter's has experienced a considerable expansion in margin rates, with lower ocean freight rates and reduced product costs being the primary drivers. These factors cont ...
Carter's (CRI) Q1 Earnings Improve Y/Y, Sales Decline 4.9%
Zacks Investment Research· 2024-04-29 17:30
Carter's, Inc. (CRI) came up with its first-quarter 2024 results, wherein the top line beat the Zacks Consensus Estimate but declined year over year. Nonetheless, the bottom line improved from the year-ago period.The company experienced higher and earlier-than-expected demand from its largest wholesale customers, attributed to leaner retailer inventories and a need for new seasonal products.However, cooler weather across many parts of the United States dampened the demand for Carter's Spring product offerin ...
Carter's (CRI) Could Be a Great Choice
Zacks Investment Research· 2024-04-29 16:45
All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric tha ...
Carter’s(CRI) - 2024 Q1 - Earnings Call Transcript
2024-04-27 03:06
With respect to our U.S. wholesale business, were we are projecting low-single digit growth in sales this year, a bit better growth than we envisioned in February. Our growth this year is expected to be driven by our exclusive brand and club retailers. We're also forecasting growth with our OshKosh, Skip Hop and Little Planet brands in wholesale this year. We're forecasting lower sales to department stores and off-price retailers. We continue to benefit from the shift in traffic to mass channel retailers th ...
Carter’s(CRI) - 2024 Q1 - Quarterly Results
2024-04-26 10:21
• Diluted EPS $1.04 vs. $0.95 in Q1 2023; adjusted diluted EPS $0.98 in Q1 2023 • Returned $38 million to shareholders through dividends and share repurchases • Full year fiscal 2024 outlook : ◦ Net sales of $2.95 billion to $3.0 billion ◦ Comparable to mid-single-digit growth in adjusted operating income ◦ Low to mid-single-digit growth in adjusted diluted EPS ATLANTA, April 26, 2024 - Carter's, Inc. (NYSE:CRI), the largest branded marketer in North America of apparel exclusively for babies and young child ...
Here's How Carter's (CRI) is Placed Ahead of Q1 Earnings
Zacks Investment Research· 2024-04-25 15:16
Carter's, Inc. (CRI) is scheduled to release first-quarter 2024 results on Apr 26, before the opening bell. The branded marketer of apparel, exclusively for babies and children in North America, is likely to witness a decline in the top and bottom lines when it reports first-quarter results.The Zacks Consensus Estimate for first-quarter revenues is pegged at $633.1 million, indicating a fall of 9% from the figure reported in the year-ago quarter. The consensus estimate for quarterly earnings, which has rema ...
Here's Why Carter's (CRI) is a Strong Value Stock
Zacks Investment Research· 2024-04-22 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Scor ...
Why Carter's (CRI) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-04-05 14:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...
Why Carter's (CRI) is a Top Dividend Stock for Your Portfolio
Zacks Investment Research· 2024-03-11 16:46
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield ...