Carter's (CRI) Tops Q4 EPS by 11c

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Carter's (CRI) Raises Quarterly Dividend 12.1% to $0.37; 1.8% Yield

February 23, 2017 6:19 AM EST

Carter's (NYSE: CRI) declared a quarterly dividend of $0.37 per share, or $1.48 annualized. This is a 12.1% increase from the prior dividend of $0.33.

The dividend will be payable on March 24, 2017, to stockholders of record on March 10, 2017, with an ex-dividend date of March 8,... More

Carter's (CRI) Acquires Skip Hop for Up to $150M

February 23, 2017 6:14 AM EST

Carters, Inc. (NYSE: CRI) announced that it has acquired Skip Hop Holdings, Inc., a global lifestyle brand for families with young children, from Fireman Capital Partners, a consumer-focused private equity firm.

Skip Hop offers families with young children essential products that are differentiated from a design and function perspective. Its product portfolio includes distinctive offerings across multiple categories, including diaper bags, kids backpacks, travel accessories, home gear, and hardlines for playtime, mealtime, and bathtime. Skip Hop products are... More