Carter's (CRI) Raises Quarterly Dividend 12.1% to $0.37; 1.8% Yield
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Carter's (CRI) Tops Q4 EPS by 11c
February 23, 2017 6:18 AM ESTCarter'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... More
Carter's (CRI) Acquires Skip Hop for Up to $150M
February 23, 2017 6:14 AM ESTCarters, 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
