Carter’s(US:CRI)2025-04-25 20:47Financial Performance - Net sales decreased by 5% from $661 million in Q1 2024 to $630 million in Q1 2025[2] - Net income significantly decreased by 59% from $38 million in Q1 2024 to $16 million in Q1 2025[2] - Diluted EPS decreased by 59% from $1.04 in Q1 2024 to $0.43 in Q1 2025[2] - Adjusted operating income decreased by 36% from $55 million in Q1 2024 to $35 million in Q1 2025[15] - Adjusted diluted EPS decreased by 37% from $1.04 in Q1 2024 to $0.66 in Q1 2025[12] Segment Performance - U S Retail net sales decreased by $13 million, a 4% decrease year-over-year[18] - U S Wholesale net sales decreased by $14 million, a 5% decrease year-over-year[18] - International net sales decreased by $4 million, a 5% decrease year-over-year[18] Balance Sheet and Cash Flow - Cash increased from $268 million in Q1 2024 to $321 million in Q1 2025[26] - Operating cash flow was negative $49 million in Q1 2025 compared to negative $26 million in Q1 2024[28] Other - The company's global sourcing network relies on the top 4 markets for 75% of its finished goods sourcing[31]