Carter’s reports Q4 adjusted EPS $1.90, consensus $1.70

Reports Q4 revenue $925M, consensus $922.87M. “Carter’s (CRI) delivered improved fourth quarter results with each of our business segments posting sales growth over last year. We see momentum building behind our products and demand creation initiatives, which have driven an improvement in the rate of traffic, new customer acquisition, higher realized pricing, and increased penetration of the best portions of our product assortments. All of this gives us confidence that our strategies are gaining traction,” said Douglas Palladini, CEO & President.