Carter's, Inc. posted positive Q4 2024 sales growth but guided for a challenging FY25 with lower sales, margins, and higher SG&A expenses due to market and competitive pressures. Wholesale and international segments drove sales growth, while retail faced margin challenges due to price discounts and lower entry prices. The company expects a 30%+ drop in operating profits and EPS decline to $3.2-...
ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE:CRI), the leading company in North America focused exclusively on apparel for babies and young children, today reported its fourth quarter and fiscal year 2024 results. “Our product, pricing and promotional strategies in the fourth quarter drove a continued trend improvement in traffic, conversion and comparable sales in our U.S. Retail businesses,...
ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI), the leading company in North America focused exclusively on apparel for babies and young children, will report its fourth quarter and fiscal year 2024 results before the market opens on Tuesday, February 25, 2025. The Company will host a conference call to discuss its results and business outlook on this date at 8:30 a.m. Eastern Standard Ti...
ATLANTA--(BUSINESS WIRE)--As the fashion world takes center stage and sets the trends for the season ahead, Carter's, Inc. (NYSE: CRI), the leading apparel company for babies and young children, today unveiled its new Spring and Summer 2025 collections featuring its most style-driven, yet affordable, assortment to date. Known for delivering stylish apparel with comfort and value at its core, Ca...
ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, today announced that Michael D. Casey will retire as Chairman and Chief Executive Officer after over 15 years in the role and a more than 30-year career with the Company. Richard F. Westenberger has been appointed interim Chief Executive Offic...
Los Angeles, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Habitat for Humanity of Greater Los Angeles (Habitat LA) hosted a heartfelt event at its headquarters on Friday to celebrate the life and legacy of President Jimmy Carter. Known as Habitat for Humanity's most famous volunteer, President Carter, alongside Mrs. Rosalynn Carter, dedicated nearly 40 years to building affordable homes worldwide and insp...
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.
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