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Carter's (CRI) Gains From Robust Strategies Amid Inflation Woes
CRICarter’s(CRI) 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 ...