Carter's (NYSE: CRI) reported Q4 EPS of $1.79, $0.11 better than the analyst estimate of $1.68. Revenue for the quarter came in at $934 million versus the consensus estimate of $915.88 million.

2017 Business Outlook

For fiscal 2017, the Company projects net sales to increase approximately 4% to 6% over fiscal 2016 and adjusted diluted earnings per share to increase approximately 8% to 10% compared to adjusted diluted earnings per share of $5.14 in fiscal 2016. This forecast for fiscal 2017 adjusted earnings per share excludes anticipated expenses of approximately $1.0 million related to the announced Skip Hop transaction and approximately $1.4 million related to the Company\'s direct sourcing initiative. The Company believes these non-GAAPmeasurements provide investors with a meaningful view of the Company’s core operating results, and are the same measurements used by the Company\'s executive management to assess the Company\'s performance.

For the first quarter of fiscal 2017, the Company projects net sales to decline in the low-single digit range compared to the first quarter of fiscal 2016 and adjusted diluted earnings per share to be approximately $0.80 to $0.85 compared to adjusted diluted earnings per share of $1.05 in the first quarter of fiscal 2016. This projection contemplates growth in U.S. retail sales, declines in domestic wholesale and international sales, and increased investments in the Company\'s growth agenda compared to the prior-year period. This forecast for first quarter fiscal 2017 adjusted earnings per share excludes anticipated expenses of approximately $1.0 million related to the announced Skip Hop transaction and approximately $0.3 million related to the Company\'s direct sourcing initiative. The Company believes these non-GAAPmeasurements provide investors with a meaningful view of the Company’s core operating results, and are the same measurements used by the Company\'s executive management to assess the Company\'s performance.

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