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Carter's Inc (CRI.N)

CRI.N on New York Stock Exchange

87.85USD
13 Nov 2018
Change (% chg)

$-1.97 (-2.19%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Carter's Inc. Q3 Adjusted NON-GAAP Earnings Per Share $1.61
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Carter's Inc ::CARTER’S, INC. REPORTS THIRD QUARTER FISCAL 2018 RESULTS.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.61.Q3 EARNINGS PER SHARE VIEW $1.73 -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE $1.53.SEES FY 2018 SALES UP ABOUT 1.5 PERCENT.SEES Q4 2018 SALES UP ABOUT 5 PERCENT.SEES Q4 2018 NET SALES GROWTH OF APPROXIMATELY 5%.SEES Q4 2018 ADJUSTED DILUTED EPS GROWTH OF APPROXIMATELY 10%.QTRLY NET SALES DECREASED $24.1 MILLION, OR 2.5%, TO $923.9 MILLION.SAW LESS ROBUST DEMAND THAN EXPECTED FOR FALL TRANSITIONAL PRODUCT OFFERINGS, ESPECIALLY DURING LABOR DAY HOLIDAY SHOPPING PERIOD."DID NOT ACHIEVE OUR GROWTH OBJECTIVES" IN Q3.Q3 REVENUE VIEW $944.4 MILLION -- THOMSON REUTERS I/B/E/S.IN LATTER PART OF SEPTEMBER, "SALES TRENDS IMPROVED MEANINGFULLY" AS COOLER WEATHER ARRIVED.CARTER'S - NET SALES AND ADJUSTED EARNINGS IN Q4 OF FISCAL 2018 ASSUME A PARTIAL RECOVERY OF LOST SALES INITIALLY PLANNED TO TOYS "R" US AND BON-TON.CARTER'S - FOR FISCAL 2018, COMPANY PROJECTS ADJUSTED DILUTED EARNINGS PER SHARE TO INCREASE APPROXIMATELY 5%.CARTER'S - FORECASTED NET SALES & ADJUSTED EARNINGS FOR 2018 ASSUME RECAPTURE OF ABOUT $40 MILLION OF $80 MILLION OF LOST SALES PLANNED TO TOYS "R" US AND BON-TON.ADJUSTED 2018 EARNINGS FORECAST EXCLUDES "UNUSUAL" CHARGE OF ABOUT $12.8 MILLION RELATED TO TOYS "R" US BANKRUPTCY.QTRLY SALES DECLINE IN U.S. WHOLESALE SEGMENT, REFLECTING LOSS OF SALES TO TOYS "R" US, BON-TON.  Full Article

Carter's reports Q3 adjusted non-gaap earnings per share $1.70
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Carter's Inc :Carter's Inc reports third quarter fiscal 2017 results.Q3 adjusted non-gaap earnings per share $1.70.Q3 earnings per share $1.71.Q3 earnings per share view $1.65 -- Thomson Reuters I/B/E/S.Sees FY 2017 sales up 6 percent.Sees Q4 2017 sales up 10 percent.Qtrly ‍net sales increased $46.8 million, or 5.2%, to $948.2 million​.Carter's - ‍For fiscal 2017, projects adjusted EPS to increase about 9% compared to adjusted earnings per diluted share of $5.14 in fiscal 2016​.Q3 revenue view $949.7 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $5.61, revenue view $3.38 billion -- Thomson Reuters I/B/E/S.  Full Article