CRI Stock Recent News

Carter's (CRI) second-quarter results reflect adverse impacts of inflation. However, strength of product offerings and lower inventory remained upsides.

Carter's (CRI) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $1.30 per share a year ago.

Carter's (CRI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Carter's (CRI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Despite inflation, Carter's (CRI) second-quarter 2023 earnings results are expected to reflect gains from improved pricing, optimized inventory management, solid online show and brand strength.

ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE:CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, will report its second quarter fiscal 2023 results before the market opens on Friday, July 28, 2023. The Company will host a conference call to discuss its results and business outlook on this date at 8:30 a.m. Eastern Daylight Time. To listen to a live webcast and view the accompanying presentation materials, please visit ir.carters.com and se.

Steven Scruggs (Trades, Portfolio), who manages the FPA Queens Road Small Cap Value Fund, disclosed its second-quarter portfolio earlier this week.

Carter's (CRI) is focused on improving price realization, largely driven by better inventory management, in an environment of reduced discretionary spending by consumers.

Product innovation, fitness consciousness, improved demand trends and digital growth are likely to hold up the Shoes and Retail Apparel industry amid rising costs. These aspects bode well for NKE, DECK, SKX, CRI and WWW.

Despite inflation woes and sluggish demands, Carter's (CRI) banks on online sales and e-commerce strength to drive growth.