Carter's (CRI) Q4 Earnings Surpass Estimates, Sales Decline Y/Y [Yahoo! Finance]
Carter's, Inc. (CRI)
Last carter's, inc. earnings: 2/24 06:16 am
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ir.carters.com/investor-overview
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Source: Yahoo! Finance
CRI has reported mixed fourth-quarter 2023 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed. The bottom line rose year over year. However, the top line fell year over year, hurt by the impacts of inflation, which led to reduced spending. Q4 in Detail Carter's reported fourth-quarter 2023 adjusted earnings of $2.76 per share, beating the Zacks Consensus Estimate of $2.52. This figure rose 20.5% from earnings of $2.29 per share posted in the year-ago quarter. The company reported net sales of $857.9 million, which missed the Zacks Consensus Estimate of $865 million. Also, the metric declined 5.9% from the $912 million posted in the year-ago period. The downside can be attributed to inflation, rising interest rates, higher consumer debt levels and recession risks, which affected the demand from consumers and wholesale customers. Carter's, Inc. Price and Consensus Carter's, Inc. price-consensus-chart | Carter's, Inc. Quote Segmental
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CRI
News
- Carter's, Inc. Reports First Quarter Fiscal 2024 Results [Yahoo! Finance]Yahoo! Finance
- Carter’s, Inc. Reports First Quarter Fiscal 2024 ResultsBusiness Wire
- Here's How Carter's (CRI) is Placed Ahead of Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- Carter's, Inc. (NYSE: CRI) had its price target lowered by analysts at Wells Fargo & Company from $75.00 to $68.00. They now have an "equal weight" rating on the stock.MarketBeat
- Carter’s, Inc. to Report First Quarter Fiscal 2024 Results on Friday, April 26, 2024Business Wire
CRI
Earnings
- 4/26/24 - Beat
CRI
Sec Filings
- 4/26/24 - Form 10-Q
- 4/26/24 - Form 8-K
- 4/4/24 - Form ARS
- CRI's page on the SEC website