CRI Stock - Carter's, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.84B | $2.95B | $3.21B | $3.49B | $3.02B |
| Gross Profit | $1.37B | $1.40B | $1.47B | $1.66B | $1.31B |
| Gross Margin | 48.0% | 47.4% | 45.8% | 47.7% | 43.4% |
| Operating Income | $254.73M | $323.40M | $379.17M | $497.08M | $189.87M |
| Net Income | $185.51M | $232.50M | $250.04M | $339.75M | $109.72M |
| Net Margin | 6.5% | 7.9% | 7.8% | 9.7% | 3.6% |
| EPS | $5.12 | $6.24 | $6.34 | $7.83 | $2.51 |
Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Carter's My First Love, little planet, and other brands in the United States and internationally. The company operates through three segments: U.S. Retail, U.S. Wholesale, and International. Its Carter's products include babies and young children products, such as bodysuits, pants, dresses, knit sets, blankets, layette essentials, bibs, booties, sleep and play products, rompers, and jumpers; and OshKosh brand products comprise playclothes, such as denim apparel products with multiple wash treatments and coordinating garments, overalls, woven bottoms, knit tops, and bodysuits. The company also provides products for playtime, travel, mealtime, bathtime, and homegear, as well as kid's bags and diaper bags under the Skip Hop brand. In addition, it offers bedding, cribs, diaper bags, footwear, gift sets, hair accessories, jewelry, outerwear, paper goods, socks, shoes, swimwear, and toys. The company operates 18,800 wholesale locations, including department stores, national chain stores, and specialty stores. As of December 31, 2021, it operated 980 retail stores. The company also sells its products through its eCommerce websites, such as carters.com, oshkoshbgosh.com, oshkosh.com, and skiphop.com, as well as other international wholesale accounts and licensees. Carter's, Inc. was founded in 1865 and is headquartered in Atlanta, Georgia.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 11th 2025 | Goldman | Initiation | Sell | $26 |
| April 30th 2025 | Wells Fargo | Downgrade | Underweight | $25 |
| April 28th 2025 | Barclays | Initiation | Underweight | $25 |
| November 12th 2024 | Citigroup | Upgrade | Neutral | $50 |
| February 26th 2024 | Monness Crespi & Hardt | Downgrade | Neutral | - |
| January 26th 2023 | Wedbush | Downgrade | Neutral | $78 |
| May 23rd 2022 | Citigroup | Downgrade | Sell | - |
| April 27th 2022 | BofA Securities | Downgrade | Underperform | $82← $120 |
Earnings History & Surprises
CRIEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 23, 2026 | — | — | — | — |
Q1 2026 | Feb 24, 2026 | $1.48 | — | — | — |
Q4 2025 | Oct 27, 2025 | $0.78 | $0.74 | -5.1% | ✗ MISS |
Q3 2025 | Jul 25, 2025 | $0.43 | $0.17 | -60.5% | ✗ MISS |
Q2 2025 | Apr 25, 2025 | $0.53 | $0.66 | +24.5% | ✓ BEAT |
Q1 2025 | Feb 25, 2025 | $1.87 | $2.39 | +27.8% | ✓ BEAT |
Q4 2024 | Oct 25, 2024 | $1.40 | $1.62 | +15.7% | ✓ BEAT |
Q3 2024 | Jul 26, 2024 | $0.49 | $0.76 | +55.1% | ✓ BEAT |
Q2 2024 | Apr 26, 2024 | $0.77 | $1.04 | +35.1% | ✓ BEAT |
Q1 2024 | Feb 27, 2024 | $2.61 | $2.76 | +5.7% | ✓ BEAT |
Q4 2023 | Oct 27, 2023 | $1.54 | $1.84 | +19.5% | ✓ BEAT |
Q3 2023 | Jul 28, 2023 | $0.54 | $0.64 | +18.5% | ✓ BEAT |
Q2 2023 | Apr 28, 2023 | $0.59 | $0.98 | +66.1% | ✓ BEAT |
Q1 2023 | Feb 24, 2023 | $1.71 | $2.29 | +33.9% | ✓ BEAT |
Q4 2022 | Oct 28, 2022 | $1.70 | $1.67 | -1.8% | ✗ MISS |
Q3 2022 | Jul 29, 2022 | $1.63 | $1.30 | -20.2% | ✗ MISS |
Q2 2022 | Apr 29, 2022 | $1.39 | $1.66 | +19.4% | ✓ BEAT |
Q1 2022 | Feb 25, 2022 | $2.06 | $2.31 | +12.1% | ✓ BEAT |
Q4 2021 | Oct 29, 2021 | $1.73 | $1.93 | +11.6% | ✓ BEAT |
Q3 2021 | Jul 30, 2021 | $0.83 | $1.67 | +101.2% | ✓ BEAT |
Latest News
Goldman Sachs Initiates Coverage On Carter's with Sell Rating, Announces Price Target of $26
📉 NegativeCarter's Partners With March of Dimes to Support Premature Babies and Their Families
📈 PositiveReported Earlier, Carter's Announces $575M Senior Notes Offering At 7.375% Due 2031, With Proceeds To Redeem 2027 Notes And Fund General Purposes
➖ NeutralUBS Maintains Neutral on Carter's, Raises Price Target to $33
➖ NeutralWells Fargo Maintains Underweight on Carter's, Raises Price Target to $25
➖ NeutralCarter's Subsidiary William Carter Company Intends To Commence Offering Of $500M Aggregate Principal Amount Of Senior Notes Due 2031
➖ NeutralCarter's profits halved amid tariffs; company eyes job cuts and dividend review
📉 NegativeCarter's Announces Restructuring With 15% Workforce Reduction, 150 Store Closures And $45M In Projected Annualized Savings Beginning 2026
📉 NegativeCarter's Expects $200M–$250M Annual Impact From New US Tariffs As Import Duties Rise And FY2025 Guidance Remains Suspended
📉 NegativeCarter's Q3 Adj. EPS $0.74 Beats $0.73 Estimate, Sales $757.836M Miss $769.763M Estimate
➖ NeutralCarter's Adopts Limited Duration Stockholder Rights Plan After RWWM Rapidly Accumulates 16.86% Stake Without Advance Notice
📉 NegativeU.S. import tariffs to impact Carter's profits going ahead; shares tank
📉 NegativeFrequently Asked Questions about CRI
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