Upgrade to SI Premium - Free Trial

Carter's (CRI) Tops Q2 EPS by 10c; Boosts FY15 EPS Growth Outlook

July 29, 2015 6:23 AM

Carter's (NYSE: CRI) reported Q2 EPS of $0.73, $0.10 better than the analyst estimate of $0.63. Revenue for the quarter came in at $612.8 million versus the consensus estimate of $609.62 million.

Changes in foreign currency exchange rates in the second quarter of fiscal 2015 as compared to the second quarter of fiscal 2014 negatively impacted consolidated net sales in the second quarter of fiscal 2015 by $5.6 million, or 1.0%. On a constant currency basis, consolidated net sales increased 7.7% in the second quarter of fiscal 2015.

Boosts FY15 adjusted EPS growth outlook from 10 - 14 percent up to 12 - 15 percent.

For earnings history and earnings-related data on Carter's (CRI) click here.

Categories

Earnings Guidance Hot Guidance

Next Articles