Carter's (CRI) Misses Q4 EPS by 8c, Offers Outlook

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Carter’s, Inc. Reports Fourth Quarter and Fiscal 2019 Results

February 24, 2020 6:16 AM EST

Fourth quarter fiscal 2019 results Net sales $1.1 billion, growth of 1.3% Diluted EPS $2.82; adjusted diluted EPS $2.81, decline of 1.1% Full year fiscal 2019 results Net sales $3.5 billion, growth of 1.6% Diluted EPS $5.85; adjusted diluted EPS $6.46, growth of 2.7% Returned $287 million to shareholders through share repurchases and dividends in fiscal 2019 Board of Directors authorizes new $500 million share repurchase program and 20% increase in quarterly dividend to $0.60 per share Full year fiscal 2020 outlook: net sales growth of... More