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Shares of Carter's (NYSE:CRI) moved higher by 0.9% in pre-market trading after the company reported Q2 results.
Earnings per share fell 43.16% over the past year to $0.54, which may not compare to the estimate of ($0.25).
Revenue of $514,885,000 declined by 29.89% from the same period last year, which beat the estimate of $506,120,000.
Carter's hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Jul 24, 2020
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/ghascvnu
52-week high: $112.45
52-week low: $60.17
Price action over last quarter: Up 12.36%
Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products primarily through three channels: branded retail stores in the United States and Canada, company websites, and department stores and other wholesale locations. The majority of Carter's sales are in the U.S. and through the Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.
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