Carter’s reports Q2 adjusted EPS 17c, consensus 37c

Reports Q2 revenue $585M, consensus $567.05M. “Our second quarter sales performance showed stabilization and momentum, particularly in our direct-to-consumer businesses, which achieved comparable sales growth in the U.S., Canada, and Mexico,” said Douglas Palladini, Chief Executive Officer & President. “We are encouraged by improving business trends, particularly in U.S. Retail, where store traffic, purchase conversion, and demand for our core Baby apparel products all demonstrated momentum in the second quarter.”