Carter’s, Inc. Reports Second Quarter Fiscal 2022 Results

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Go back to Carter’s, Inc. Reports Second Quarter Fiscal 2022 Results

Carter's (CRI) PT Lowered to $75 at Wells Fargo; 'Not Much Good News To Be Found'

July 29, 2022 12:09 PM EDT

Wells Fargo analyst Ike Boruchow lowered the price target on Carter's (NYSE: CRI) to $75.00 (from $80.00) while maintaining a Equal Weight rating following miss and lower guidance.

The analyst commented, "CRI came into 2Q EPS season as one of the lowest... More

Carter's (CRI) Misses Q2 EPS by 36c; Guides Lower

July 29, 2022 6:11 AM EDT

Carter's (NYSE: CRI) reported Q2 EPS of $1.30, $0.36 worse than the analyst estimate of $1.66. Revenue for the quarter came in at $701 million versus the consensus estimate of $756.89 million.

GUIDANCE:

Carter's sees FY2022 EPS of $7.10-$7.60, versus the consensus of $8.23. Carter's sees... More