Carters (CRI) News & Sentiment

CRI faces near-term pressures from U.S. Retail weakness, rising costs and macro pressures, which overshadow its Wholesale business growth.

CRI's Q4 results show marginal sales growth, but profit falls due to higher freight costs, intense promotional competition and macroeconomic challenges.

Carter's (CRI) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to earnings of $2.76 per share a year ago.

ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE:CRI), the leading company in North America focused exclusively on apparel for babies and young children, today reported its fourth quarter and fiscal year 2024 results. “Our product, pricing and promotional strategies in the fourth quarter drove a continued trend improvement in traffic, conversion and comparable sales in our U.S. Retail businesses,” said Richard F. Westenberger, Interim Chief Executive Officer, Senior Executive Vice President, Chie.

CRI's fourth-quarter 2024 results are likely to reflect a tough retail landscape, inflationary impacts and increased expenses.

ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI), the leading company in North America focused exclusively on apparel for babies and young children, will report its fourth quarter and fiscal year 2024 results before the market opens on Tuesday, February 25, 2025. The Company will host a conference call to discuss its results and business outlook on this date at 8:30 a.m. Eastern Standard Time. To listen to a live webcast and view the accompanying presentation materials, please visit ir.cart.

CRI navigates a tough market with declining sales and macro pressures. However, strategic pricing and omnichannel efforts offer a path forward.

CRI's pricing strategy, efficient inventory management and enhanced product offerings have been driving growth amid ongoing macroeconomic challenges.

President Jimmy Carter begins his final journey from the Capitol Building to the National Cathedral.