Carter’s, Inc. Reports First Quarter Fiscal 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Carter's (CRI) Misses Q1 EPS by $1.05, Revenues Miss
May 5, 2020 6:21 AM EDTCarter's (NYSE: CRI) reported Q1 EPS of ($0.81), $1.05 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $654 million versus the consensus estimate of $674.9 million.
Net sales $654 million, decline of 12%Loss per diluted share of $1.82; adjusted loss per diluted share $0.81Adjusted results reflect store closures in North America, lower wholesale sales, and higher inventory and bad debt provisions related to the COVID-19 pandemicThe Company believes it has sufficient liquidity to weather the disruption caused by the current global health crisisBoard of Directors suspends quarterly... More