Carter's to Report Q3 Earnings: Here's What You Should Know
Challenging macroeconomic conditions, wavering consumer confidence, rising inflation and increased promotional activity are likely to hurt CRI's Q3 results.
Carter's Stock: Good Value With A 5.1% Dividend Yield
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.
Jimmy Carter's 100th birthday is a stark reminder that most Americans can't afford to live that long
More of us will be living to 100, and we're not ready.
Carter's Stock Gains 10.5% in a Month: Should You Buy, Hold or Sell?
CRI battles various uncertainties such as a tough macroeconomic environment, inflation, generational high interest rates and a slowdown in consumer spending.
Carter's (CRI) Pricing Actions & Wholesale Channel Bode Well
Carter's (CRI) strategic efforts are on track. The company is gaining from pricing strategy, inventory management efforts and improved product offerings.
New Strong Sell Stocks for August 8th
HRZN, CRI and EADSY have been added to the Zacks Rank #5 (Strong Sell) List on August 8, 2024.
Carter's: In Fairly Valued Territory, But There Will Be Better Opportunities Later
Carter's 2Q24 results disappointed the market, with retail sales continuing to fall in double digits. Management blames macroeconomic reasons, and argues that competitors are doing heavy discounting. There is evidence sustaining both claims. Today, Carter's trades at a P/E for FY24E of around 10x and at a P/B of 2.5 compared with a 15-year average ROE of 25%, attractive figures.
Carter's (CRI) Q2 Earnings Beat, Retail Comps Down 11.7%
Carter's (CRI) posts soft sales results in second-quarter 2024, owing to weak sales across the U.S. Retail and International segments.
Carter's, Inc. (CRI) Q2 2024 Earnings Call Transcript
Carter's, Inc. (NYSE:CRI ) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Sean McHugh - Vice President and Treasurer Michael Casey - Chairman, President and Chief Executive Officer Richard Westenberger - Senior Executive Vice President, Chief Financial Officer and Chief Operating Officer Kendra Krugman - Senior Executive Vice President, Chief Creative and Growth Officer Conference Call Participants Jay Sole - UBS Warren Cheng - Evercore ISI Ike Boruchow - Wells Fargo Securities, LLC Tom Nikic - Wedbush Securities Kelly Crago - Citigroup Inc. Operator Welcome to Carter's Second Quarter Fiscal 2024 Earnings Conference Call. On the call are Michael Casey, Chairman and Chief Executive Officer; Richard Westenberger, Chief Financial Officer and Chief Operator Officer; Kendra Krugman, Chief Creative and Growth Officer; and Sean McHugh, Treasurer.
Carter's (CRI) Q2 Earnings Beat Estimates
Carter's (CRI) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.64 per share a year ago.
Carter's (CRI) Stock Dips 23% in 3 Months: What You Should Know
Carter's (CRI) is battling with various uncertainties such as troubles in the business environment, inflation, generational high interest rates, higher consumer debt levels and recession risks.
Two Undervalued Dividend Opportunities For June 29th, 2024
This series looks for opportunities in undervalued dividend-paying companies. Carter's shows consistent operating margins and growth potential, but comes with the risk of a declining market due to lower birth rates. UPS faces challenges from rising costs and competition, but plans for consolidation of sorting facilities presents a significant opportunity for cost savings.
