Why Is Carter’s Stock Gaining Friday? - Carter's (NYSE:CRI)
Carter’sCarter’s(US:CRI) Benzinga·2026-01-09 14:04

Core Insights - Carter's, Inc. announced preliminary net sales figures for Q4 and fiscal 2025, indicating a high single-digit percentage increase in consolidated net sales year over year [1] - The company reported strong online demand as a primary driver for U.S. Retail net sales growth [1] Sales Performance - U.S. Retail net sales increased in the high single digits, with comparable retail sales in U.S. stores also showing improvement [2] - Average unit retail pricing rose by mid-single digits, while U.S. Wholesale net sales saw a low single-digit increase [2] - For the full fiscal year, consolidated net sales growth was in low single digits, with U.S. Retail segment net sales also increasing by a low single-digit percentage [3] International and Wholesale Sales - International sales achieved high single-digit growth, while U.S. Wholesale net sales declined by a low single-digit rate year over year [4] - The fiscal year included an extra operating week, contributing approximately $33 million in sales [4] Leadership Changes and Events - Carter's appointed David B. Tichiaz as chief brand officer, who will lead product design and merchandising teams [5] - The company will participate in a fireside chat at the ICR Conference on January 12, 2026, with a live broadcast available for viewers [5] Management Commentary - CEO Douglas C. Palladini noted tangible results from turnaround efforts, with fourth quarter comparable retail sales growing for the third consecutive quarter [6] - Higher average unit retail pricing and reduced promotional activity helped offset tariff pressures and support margins, contributing to revenue growth [7] Stock Performance - Carter's shares increased by 3.81% to $35.96 during premarket trading [8]

Why Is Carter’s Stock Gaining Friday? - Carter's (NYSE:CRI) - Reportify