CRI Stock Recent News

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Carter's (CRI) reported earnings 30 days ago. What's next for the stock?

Child and baby retailer Carter's (CRI) announced on Wednesday the appointment of Doug Palladini as its next CEO.

ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI) (the “Company”), the leading company in North America focused exclusively on apparel for babies and young children, today announced that Douglas C. Palladini has been appointed Chief Executive Officer and President and as a member of the Board of Directors, effective April 3, 2025. Mr. Palladini brings more than three decades of senior leadership experience with an emphasis on brand and direct-to-consumer strategies. He previously served as G.

ATLANTA--(BUSINESS WIRE)--Who wants to go on Spring Break? Buckle up—Carter's, Inc. (NYSE: CRI), the leading company in North America focused exclusively on apparel for babies and young children, today announced the first-ever capsule collection with social media star Baby Kate, The Spring Break Collection Curated by Baby Kate, available at Carter's. Known for her viral TikTok videos with more than 85 million views, Baby Kate has curated a vacation capsule using Carter's house of brands to embr.

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

NORWALK, CT — Pop Mart, a popular toys and collectibles store franchise, is set to open its first Connecticut location at the SoNo Collection mall this month. A sign teasing the store's opening was spotted at the mall, located at 100 N Water Street in Norwalk, in late February. While representatives for Pop Mart could not be immediately reached for comment, the company announced this week on social media the Norwalk store will officially open at the mall Saturday. "Save the date for something big," the announcement reads. "We're thrilled to announce the grand opening of our official store at the SoNo Collection in Connecticut! Join us on [March 8] to celebrate, explore our new space and enjoy exclusive opening specials. Don't miss out...we can't wait to see you there!" The store will be located on the mall's first floor, next to Casper and across from Abercrombie & Fitch, near the Nordstrom department store. To celebrate the grand opening, Pop Mart will offer a number of opening spec

Carter's, Inc. posted positive Q4 2024 sales growth but guided for a challenging FY25 with lower sales, margins, and higher SG&A expenses due to market and competitive pressures. Wholesale and international segments drove sales growth, while retail faced margin challenges due to price discounts and lower entry prices. The company expects a 30%+ drop in operating profits and EPS decline to $3.2-$3.8 in FY25, with significant margin pressures.

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.