Education
About Us
Working with TipRanks
Follow Us
Carter's Inc (CRI)
:CRI
Earnings Data
Report Date
Apr 25, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.54Last Year’s EPS
1.04Same Quarter Last Year
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 25, 2025
|% Change Since: -20.73%
|Next Earnings Date:Apr 25, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted a mixed performance with stronger than expected fourth quarter results and growth in specific areas such as exclusive brand sales and market share in baby and toddler segments. However, significant challenges remain, including a decline in overall profitability, impairment charges, and a challenging outlook for 2025. The company is focusing on initiatives to modernize its assortments and enhance customer engagement, but profitability issues and market headwinds persist.Company Guidance
During Carter's fourth quarter fiscal 2024 earnings call, Richard Westenberger, the interim CEO, reported that the company's sales and earnings exceeded expectations, with consolidated net sales reaching $860 million, up slightly from the previous year. The adjusted operating income was $115 million, with an adjusted operating margin of 13.4% and adjusted EPS of $2.39, although this was down 13% from the prior year. The call highlighted significant investments in pricing and marketing, with $55 million in lower pricing and $10 million in additional brand marketing in the US retail sector, which contributed to a 4% increase in unit volume in the fourth quarter. The company's international segments, especially in Canada and Mexico, showed strong performance, with sales growth of 6% and 8% respectively. However, challenges such as higher year-over-year freight rates and a stronger US dollar affecting international profitability were noted. The outlook for 2025 includes anticipated sales between $2.780 billion and $2.855 billion, with a significant focus on improving product offerings and marketing strategies to drive consumer engagement and capture more market share amidst a challenging retail environment.Stronger Than Expected Fourth Quarter Performance
Sales and earnings exceeded the high end of guidance, with consolidated net sales of $860 million, representing the largest quarter of the year.
Record Sales in Exclusive Brands
Achieved record sales of exclusive brand products in 2024, leveraging consumer shift to mass channels.
Growth in Baby and Toddler Market Share
Grew US market share in baby and toddler apparel, with core baby and toddler offerings performing consistently well.
New Brand and Product Initiatives
Introduction of new personalized marketing capabilities and rebranding of the loyalty program. Little Planet brand achieved double-digit sales comps in 2024.
Improvement in Customer Metrics
Improvement in customer acquisition and retention rates, with over 90% of US retail sales transacted through the loyalty program.
---
CRI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CRI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 25, 2025 | $52.06 | $43.67 | -16.12% |
| Oct 25, 2024 | $64.72 | $56.10 | -13.32% |
| Jul 26, 2024 | $58.23 | $55.75 | -4.26% |
| Apr 26, 2024 | $68.83 | $67.34 | -2.16% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Carter's Inc (CRI) report earnings?
Carter's Inc (CRI) is schdueled to report earning on Apr 25, 2025, TBA Not Confirmed.
What is Carter's Inc (CRI) earnings time?
Carter's Inc (CRI) earnings time is at Apr 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CRI EPS forecast?
CRI EPS forecast for the fiscal quarter 2025 (Q1) is 0.54.
---