Carter’s, Inc. Reports Second Quarter Fiscal 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/24/2026
Go back to Carter’s, Inc. Reports Second Quarter Fiscal 2020 Results
July 27, 2020 8:40 AM EDT
DA Davidson analyst John Morris raised the price target on Carter's (NYSE: CRI) to $105.00 (from $88.00) while maintaining a Buy rating.
The analyst commented, "We are reaffirming our BUY rating for CRI in wake of the company's better-than-expected 2Q EPS of $0.54 vs. the Street's... More
July 24, 2020 6:14 AM EDT
Carter's (NYSE: CRI) reported Q2 EPS of $0.54, $0.79 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $515 million versus the consensus estimate of $506.12 million.
Net sales $515 million, decline of 30%Diluted EPS $0.19; adjusted diluted EPS $0.54Results reflect significant disruption from COVID-19 pandemicNorth American retail stores closed for much of second quarterStrong online demand - U.S. eCommerce comparable sales +101%Strong growth in sales of...
More
