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Carter's Q1 sales up 20.3 percent, earnings improve

For the first quarter, Carter’s, Inc. net sales increased 132.9 million dollars or 20.3 percent to 787.4 million dollars, reflecting strong growth in all business segments. The company’s U.S. retail, U.S. wholesale and international segments grew 27 percent, 12 percent and 19 percent, respectively. Consolidated net sales in fiscal March...

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Carter's records drop in Q4 sales and earnings

Carter’s, Inc. fourth quarter consolidated net sales decreased 110.6 million dollars or 10.1 percent to 989.9 million dollars, while full year consolidated net sales decreased 495 million dollars or 14.1 percent to 3 billion dollars. The company said, sales declined in all segments principally due to disruptions related to the Covid-19 pandemic....

Carter’s posts Q1 net loss of 78.7 million dollars

Carter’s, Inc., for its first quarter reported net sales decrease of 86.6 million dollars or 11.7 percent to 654.5 million dollars, reflecting store closures in North America and lower wholesale customer demand as a result of the Covid-19 pandemic. The company posted an operating loss of 78.5 million dollars compared to operating income of 60.8...