Carter's (CRI) Raises Quarterly Dividend 50% to $0.33; 1.5% Yield
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Piper Jaffray Remains Sidelined as a Review of Carter's (CRI) Shows Increased Risk
February 26, 2016 8:50 AM ESTPiper Jaffray reiterated a Neutral rating on Carter's (NYSE: CRI), and raised the price target to $97.00 (from $96.00), following the company's 4Q earnings report. Piper Jaffray had been biased positively. However, following a more in depth review of the model, Piper sees an increased risk of persistently negative store comps, FX headwinds... More
Carter's (CRI) Tops Q4 adj.-EPS Tops Views; Fresh Buyback, Dividend Hike Announced
February 25, 2016 7:51 AM ESTCarter's (NYSE: CRI) reported Q4 EPS of $4.61, $3.32 better than the analyst estimate of $1.29. Revenue for the quarter came in at $867 million versus the consensus estimate of $854.69 million.
Board of Directors authorizes new $500 million share repurchase program and 50% increase to quarterly dividend.
2016... More
