Stock Data
$0.68 (1.71%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
APPAREL RETAIL
Carter's Inc is a leading designer and marketer of children's apparel in the United States and internationally. Known for its high-quality, durable, and stylish clothing, the company offers a wide range of products for babies and young children, including bodysuits, dresses, tops, and sleepwear under well-loved brands like Carter's, OshKosh, and Skip Hop. Beyond clothing, Carter's also provides essentials for playtime, travel, and home, catering to all aspects of a child's life. With a history dating back to 1865, Carter's has grown to serve customers through its retail stores, online platforms, and wholesale partnerships.
Carter's obliterated the $0.06 EPS consensus with adjusted earnings of $0.26 while new CEO Sharon Price John showed early wins from marketing investments, driving a 5.1% jump in U.S. Retail comparable sales. The quarter also benefited from a $132 million recovery of previously paid import duties, though the underlying business momentum was genuine, with adjusted operating income rocketing 54% year over year.
3 Articles
Our top personal finance-related articles today. Your wallet will thank you later.
