Carter's (CRI) Tops Q3 EPS by 39c, Revenues Miss

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Go back to Carter's (CRI) Tops Q3 EPS by 39c, Revenues Miss

Carter’s, Inc. Reports Third Quarter Fiscal 2020 Results

October 23, 2020 6:16 AM EDT

Third quarter results show progress recovering from market disruption Net sales $865 million, decline of 8% U.S. Retail comparable sales down 3.5%, including 17% increase in eCommerce sales Sales of exclusive brands to Target, Walmart and Amazon grew 10% Operating income $114 million, growth of 35%; adjusted operating income $120 million, growth of 4% Diluted EPS $1.85, growth of 38%; adjusted diluted EPS $1.96, growth of 5% $1.6 billion in liquidity at quarter end

ATLANTA--(BUSINESS WIRE)-- Carters, Inc. (NYSE: CRI), the largest branded... More