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

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Carter’s, Inc. Reports Fourth Quarter and Fiscal 2016 Results

February 23, 2017 6:14 AM EST

Fourth quarter fiscal 2016 results Net sales $934 million, growth of 8% Diluted EPS $1.76, growth of 27%; adjusted diluted EPS $1.79, growth of 28% Full year fiscal 2016 performance Net sales $3.2 billion, growth of 6% Diluted EPS $5.08, growth of 13%; adjusted diluted EPS $5.14, growth of 11% Returned $367 million to shareholders through share repurchases and dividends in 2016 Board of Directors authorizes 12% increase to quarterly dividend to $0.37 per share... More

Carter’s, Inc. Acquires Skip Hop Holdings, Inc.

February 23, 2017 6:10 AM EST

Acquires rapidly growing global lifestyle brand for families with young children Complements Carters leading market share in young childrens apparel

ATLANTA--(BUSINESS WIRE)-- Carters, Inc. (NYSE: CRI), the largest branded marketer in the United States and Canada of apparel exclusively for babies and young children, today announced that it has acquired Skip Hop Holdings, Inc. (Skip Hop), 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... More