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ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI), North America's largest and most-enduring apparel company exclusively for babies and young children, today announced the launch of a limited-edition t-shirt collection designed by youth members of Boys and Girls Clubs of America (BGCA). The collection is the centerpiece of a first-of-its-kind program celebrating creativity, self-expression, and the power of dreaming big. The designs-submitted by Boys and Girls Clubs of America youth through a nationwide contest-were selected from hundreds of entries. Three standout young artists were chosen to have their artwork brought to life on t-shirts available in sizes 12M through adult. "Art is a powerful tool of self-discovery and expression, similar to the way we dress and style ourselves," said Jill Wilson, Chief Human Resource Officer, Carter's, Inc. "This collection reflects the spirit of imagination and the possibility we see in today's youth. Through our continued partnership with Boys
ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI), North America's largest and most-enduring apparel company exclusively for babies and young children, today announced the launch of a limited-edition t-shirt collection designed by youth members of Boys & Girls Clubs of America (BGCA). The collection is the centerpiece of a first-of-its-kind program celebrating creativity, self-expression, and the power of dreaming big. The designs—submitted by Boys & Girls Clubs of America youth thro.
ATLANTA--(BUSINESS WIRE)--The Board of Directors of Carter's, Inc. (NYSE: CRI) today declared a quarterly dividend of $0.25 per share, payable on September 12, 2025, to shareholders of record at the close of business on August 26, 2025. Future declarations of quarterly dividends and the establishment of future record and payment dates will be at the discretion of the Company's Board of Directors based on a number of factors, including business conditions, the Company's future financial performa.
Dividend cuts are rising as companies face persistent high interest rates, inflation, and changing consumer behavior, impacting even long-standing dividend payers. Carter's slashed its dividend by 69% due to deteriorating financials, tariff uncertainty, and a challenging macro environment, despite a strong balance sheet. Pepsi, a Dividend King, is experiencing cash flow issues; while recent acquisitions are promising, a dividend cut is possible if headwinds persist or a recession hits.
The prices of many of Americans' common purchases are rising, with tariffs lifting the cost of items from shoes to toys and beyond.
CRI's shares tumble after Q2 earnings miss as tariff concerns weigh on outlook despite stronger sales trends.
Carter's posted positive comp sales and unit growth, signaling market share gains despite a declining US baby population. Profitability sharply deteriorated, with adjusted operating income down 75% and GAAP profits nearly breakeven due to price cuts, off-price sales, and rising SG&A. Upcoming tariffs pose major cost headwinds, and planned price increases may not be fully absorbed by consumers, risking further volume and profit declines.
Carter's, Inc. has reported consistent sales declines over the past few years. Competition from Temu and Shein has pressured Carter's competitive positioning. Tariff changes have deteriorated Temu's and Shein's business model in the U.S. Carter's Q2 report underlines the change's benefit, as U.S. sales growth suddenly turned positive. The Q2 report did come with negatives as profitability faltered. Tariffs add pressure to upcoming quarters, although Carter's should manage to increasingly mitigate tariffs.
Carter's, Inc. (NYSE:CRI ) Q2 2025 Earnings Call July 25, 2025 8:30 AM ET Executives Douglas C. Palladini – CEO, President & Director Richard F.
