Carter's, Inc. Stock News

ATLANTA--(BUSINESS WIRE)--The Board of Directors of Carter's, Inc. (NYSE:CRI) today declared a quarterly dividend of $0.80 per share, payable on December 6, 2024, to shareholders of record at the close of business on November 25, 2024. Future declarations of quarterly dividends and the establishment of future record and payment dates will be at the discretion of the Board based on a number of f...

ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, announces the appointment of multi-talented singer, actress and real-life aunt, Chloe Bailey, as the brand's first-ever S'Auntie Claus. S'Auntie Claus is not your typical holiday helper; she's redefining the magic of Santa Claus as the “cool a...

Carter's strategy includes closing low-margin stores, opening high-margin ones, and leveraging omni-channel sales, boosting customer growth and e-commerce. Strong relationships with Target, Walmart, and Amazon expand CRI's customer base, countering domestic sales declines and emphasizing the importance of emotional marketing. Current valuation at a P/E ratio of 10.5x and a 5.6% dividend yield o...

Carter's, Inc.'s Q3 2024 results showed a 4% sales decline, with aggressive pricing strategies impacting margins; a challenging Q4 is expected with further sales declines. Despite a 15% stock drop post-earnings, I maintain a Hold rating due to ongoing challenges and an insufficient yield to entice investment. Wholesale volumes grew, driven by Amazon and Walmart, but retail remains pressured; di...

Carter's, Inc. (NYSE:CRI ) Q3 2024 Results Conference Call October 25, 2024 8:30 AM ET Company Participants Sean McHugh - Vice President and Treasurer Michael Casey - Chairman, President and Chief Executive Officer Richard Westenberger - Senior EVP, Chief Financial Officer and Chief Operating Officer Kendra Krugman - Senior Executive Vice President, Chief Creative and Growth Officer Conference ...

ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE:CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, today reported its third quarter fiscal 2024 results. “We exceeded our third quarter sales and earnings objectives,” said Michael D. Casey, Chairman and Chief Executive Officer. “Our U.S. Retail sales were better than planned and driven by the ...

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 third quarter fiscal 2024 results before the market opens on Friday, October 25, 2024. 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 liste...

Shares of Carter's, Inc. have been under pressure amid weak sales. The company remains profitable, with fundamentals supported by a strong balance sheet. We see value in the stock's 5.1% dividend yield.