Carter’s, Inc. Reports Fourth Quarter and Fiscal 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Carter's (CRI) Raises Quarterly Dividend 20% to $0.60; Approves $500M Buyback
February 24, 2020 6:19 AM ESTCarter's (NYSE: CRI) declared a quarterly dividend of $0.60 per share, or $2.4 annualized. This is a 20% increase from the prior dividend of $0.50.
The dividend will be payable on March 20, 2020, to stockholders of record on March 6, 2020, with an ex-dividend date of March 5,... More
Carter's (CRI) Misses Q4 EPS by 8c, Offers Outlook
February 24, 2020 6:17 AM ESTCarter's (NYSE: CRI) reported Q4 EPS of $2.81, $0.08 worse than the analyst estimate of $2.89. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.1 billion.
2020 Business Outlook:
For fiscal 2020 (a 53 week fiscal year), the Company projects net sales will increase approximately 2% to 3% and adjusted diluted earnings per share will increase approximately 4% to 6% compared to adjusted diluted earnings per share of $6.46 in fiscal 2019. This forecast for fiscal 2020 adjusted diluted earnings per share excludes anticipated expenses of approximately $10 million to $12 million related to organizational restructurings. Such restructurings include streamlining... More
