Carter's: Q2 Earnings Snapshot

Associated Press Finance
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ATLANTA (AP) — ATLANTA (AP) — Carter's Inc. (CRI) on Friday reported second-quarter earnings of $23.9 million.

The Atlanta-based company said it had profit of 64 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share.

The maker of children's apparel and accessories posted revenue of $600.2 million in the period.

For the current quarter ending in September, Carter's expects its per-share earnings to range from $1.45 to $1.55.

The company said it expects revenue in the range of $770 million to $790 million for the fiscal third quarter.

Carter's expects full-year earnings in the range of $5.95 to $6.15 per share, with revenue ranging from $2.95 billion to $3 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRI at https://www.zacks.com/ap/CRI

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