Carter’s, Inc. Reports First Quarter Fiscal 2018 Results

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Go back to Carter’s, Inc. Reports First Quarter Fiscal 2018 Results

Carter's (CRI) Tops Q1 EPS by 11c, Guides Q2 Below Views

April 26, 2018 6:24 AM EDT

Carter's (NYSE: CRI) reported Q1 EPS of $1.09, $0.11 better than the analyst estimate of $0.98. Revenue for the quarter came in at $756 million versus the consensus estimate of $745.05 million.

GUIDANCE:

Carter's sees Q2 2018 EPS of $0.79, versus the consensus of $0.95. Carter's sees Q2 2018 revenue of $680 million, versus the consensus of $738.24 million.

2018 Business Outlook

For the second quarter of fiscal 2018, the Company projects net sales to be approximately $680... More