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

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Carter's (CRI) Misses Q3 EPS by 12c

October 25, 2018 6:22 AM EDT

Carter's (NYSE: CRI) reported Q3 EPS of $1.61, $0.12 worse than the analyst estimate of $1.73. Revenue for the quarter came in at $924 million versus the consensus estimate of $946.48 million.

Outlook

For the fourth quarter of fiscal 2018, the Company projects net sales to increase approximately 5% compared to the fourth quarter of fiscal 2017 and adjusted diluted earnings per share to increase approximately 10%... More