Carter’s delivered 7.6% net sales growth in Q4 fiscal 2025, driven by growth across U.S. Retail, U.S. Wholesale, and International segments, while operating margin declined and adjusted earnings decreased year over year.
Carter’s posted flat revenue in Q3 2025 but saw a significant drop in earnings due to higher tariffs, restructuring costs, and operational investments. Net income fell substantially, prompting the company to initiate cost-cutting and store closure plans.
Carter’s delivered $585.3M in revenue for Q2 2025, driven by U.S. Retail and International growth. However, net income fell sharply to $0.4M, and operating income dropped to $4.0M due to higher costs, pricing investments, and leadership transition expenses.
Carter’s experienced a 4.8% drop in net sales and over 50% decline in net income compared to Q1 2024. The company saw solid March momentum, particularly in U.S. Retail and Wholesale, but overall performance was hampered by inflation, high interest rates, and CEO transition costs.
Carter's, Inc. reported its fourth quarter and fiscal year 2024 results. Net sales increased slightly, but operating margin and diluted EPS decreased compared to the fourth quarter of fiscal 2023. The company's U.S. Wholesale segment grew, while U.S. Retail and International segments declined. Macroeconomic factors continued to weigh on families with young children and demand for the company's brands.
Carter's Inc. reported better-than-expected Q3 2024 results, with U.S. Retail sales driven by strong product offerings, pricing, and marketing strategies. The company is reaffirming its fiscal year 2024 outlook for sales and adjusted operating income, and raising its adjusted diluted EPS outlook.
Carter's, Inc. reported a decrease in net sales to $564 million compared to $600 million in Q2 2023. Despite lower sales, the company achieved a higher operating margin of 7.0% compared to 6.3% in the prior year. Diluted EPS increased to $0.76 from $0.64 in Q2 2023. The company distributed $54 million to shareholders through dividends and share repurchases.
Carter's, Inc. reported a decrease in net sales to $661.5 million compared to $695.9 million in Q1 2023. Diluted EPS increased to $1.04 from $0.95 in the same period last year. The company returned $38 million to shareholders through dividends and share repurchases.
Carter's Q4 2023 results showed a decrease in net sales to $858 million compared to $912 million in Q4 2022, but an increase in operating margin to 15.9% from 12.0%. Diluted EPS increased to $2.90 from $2.11 in Q4 2022. The company saw improved demand in the final weeks of 2023, driving higher than expected earnings.
Carter's, Inc. reported third quarter fiscal 2023 results, achieving sales and earnings objectives. Net sales decreased by 3.3% to $792 million compared to Q3 2022. Diluted EPS increased to $1.78 from $1.67 in Q3 2022.
Carter's, Inc. reported a decrease in net sales by 14.3% to $600.2 million compared to the second quarter of fiscal 2022. Diluted EPS and adjusted diluted EPS both stood at $0.64. The company returned $58 million to shareholders through share repurchases and dividends. The company is forecasting a significant improvement in operating cash flow this year which they expect will enable Carter’s to continue investing in our growth strategies and returning excess capital to our shareholders through dividends and share repurchases.
Carter's, Inc. reported first quarter fiscal 2023 results, exceeding sales and earnings objectives. Net sales were $696 million, and diluted EPS was $0.95 ($0.98 adjusted). The company reaffirmed its full-year fiscal 2023 outlook, projecting net sales of $3.0 billion and adjusted diluted EPS of $6.15.
Carter's, Inc. reported a decrease in consolidated net sales by 14.1% to $912.1 million and a decrease in diluted earnings per share by 8.7% to $2.11 compared to the fourth quarter of fiscal 2021. The results reflect the impact of inflation on consumer demand and wholesale customers.
Carter's, Inc. reported a decrease in net sales by 8.1% to $818.6 million, driven by declines in the U.S. Retail, International, and U.S. Wholesale segments. Diluted EPS was $1.67, compared to $1.93 in the same quarter of the previous year. The company returned $331 million to shareholders year-to-date.
Carter's, Inc. reported second quarter fiscal 2022 results with net sales of $701 million and diluted EPS of $0.93. The company returned $132 million to shareholders through share repurchases and dividends. The absence of government stimulus, surge in gas prices and inflation weighed on consumers' demand.
Carter's, Inc. reported a 3% increase in net sales to $891 million in the third quarter of fiscal 2021. Diluted EPS increased to $1.93, and the company returned $128 million to shareholders through dividends and share repurchases. The company is raising its full-year profit outlook and forecasting record earnings for 2021.
Carter's, Inc. reported strong second quarter fiscal 2021 results with net sales of $746 million, a 45% increase compared to the prior year. Diluted EPS was $1.62, and adjusted diluted EPS was $1.67. The company has raised its full year fiscal 2021 outlook.
Carter's, Inc. reported a strong first quarter fiscal 2021, with net sales increasing by 20% to $787 million and diluted EPS of $1.96, compared to a loss per diluted share of $1.82 last year. The company's performance was driven by double-digit growth in all business segments and strong online demand. Carter's has raised its full-year fiscal 2021 outlook, projecting net sales growth of approximately 10% and adjusted diluted EPS growth of approximately 40%.
Carter's, Inc. reported a net sales of $990 million for Q4 2020, a 10% decrease compared to Q4 2019. Diluted EPS was $2.26, a 20% decrease, while adjusted diluted EPS was $2.46, a 12% decrease. The company's eCommerce comparable sales increased by 16%, and sales of exclusive brands to Target, Walmart, and Amazon grew by 13%.
Carter's, Inc. reported third quarter fiscal 2020 results, exceeding sales and earnings goals. Net sales reached $865 million, with a decline of 8%. Operating income grew by 35% to $114 million, and diluted EPS increased by 38% to $1.85. The company had $1.6 billion in liquidity at quarter end.
Carter's Inc. reported a 30% decrease in net sales to $515 million for Q2 2020, impacted by COVID-19 related store closures. However, the company saw strong growth in eCommerce and sales of exclusive brands, with $1.5 billion in liquidity at quarter end.
Carter's, Inc. reported a net sales decrease of 11.7% to $654.5 million and a loss per diluted share of $1.82 for the first quarter of fiscal 2020. The results were impacted by store closures in North America and lower wholesale customer demand due to the COVID-19 pandemic. The company's Board of Directors also suspended the quarterly dividend.
Carter's, Inc. reported a 1.3% increase in net sales to $1.1 billion for the fourth quarter of fiscal 2019, driven by growth in the U.S. Retail and International segments. Diluted EPS was $2.82, while adjusted diluted EPS was $2.81, a decline of 1.1%. Profitability in the quarter was lower than the previous year, reflecting continued investments in the business and higher inventory-related costs.