Carter’s, Inc. Reports First Quarter Fiscal 2017 Results

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Carter's (CRI) Tops Q1 EPS by 13c

April 27, 2017 6:16 AM EDT

Carter's (NYSE: CRI) reported Q1 EPS of $0.97, $0.13 better than the analyst estimate of $0.84. Revenue for the quarter came in at $732.8 million versus the consensus estimate of $713.94 million.

2017 Business Outlook

For fiscal 2017, the Company projects net sales to increase approximately 4% to 6% over fiscal 2016 and adjusted earnings per diluted share to increase approximately 8% to 10% compared to adjusted earnings... More