Why Carter’s Will Win Even in a Recession [The Motley Fool]
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Source: The Motley Fool
With the country likely plunging into a recession, many U.S. apparel retailers are struggling. Most of their brick-and-mortar stores are closed, and consumers are cutting back on somediscretionary spendingDuring the period from 007 to 00, which bracketed the Great ,Carter's(NYSE:CRITarget, WalmartAmazonImage Source: Carters.comHow Carter's is growingCarter's has withdrawn the full-year guidance it offered on its Feb. earnings call, but it plans to give a business update by the end of the month. In the meantime, the company is furloughing store employees and temporarily reducing salaries, among other measures. "We have strengthened our financial position by reducing inventory receipts, extending payment terms with suppliers and vendors, and implementing thoughtful and necessary cost reductions," CEO Michael Casey said in a statement on April 6.Prior to the coronavirus pandemic, Carter's business was performing well, with comparable sales increasing by over % in the important November-
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- Trump replaces architect to lead $300-million White House ballroom design [Los Angeles Times (CA)]Los Angeles Times
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- Amazon.com (NASDAQ:AMZN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
- MacKenzie Scott's Higher Ed Philanthropy Tops $1 Billion For The Year [Forbes]Forbes
AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website