|Bid||0.00 x 800|
|Ask||73.73 x 800|
|Day's Range||67.94 - 72.30|
|52 Week Range||60.17 - 112.46|
|Beta (5Y Monthly)||1.19|
|PE Ratio (TTM)||12.15|
|Earnings Date||Apr 27, 2020 - May 03, 2020|
|Forward Dividend & Yield||2.40 (3.66%)|
|Ex-Dividend Date||Mar 04, 2020|
|1y Target Est||100.44|
Carter's also said it is canceling and significantly reducing inventory commitments and extending payment terms with suppliers, vendors, and landlords.
Carter's Inc. said Monday it furloughed all store employees on April 3, as it has extended the closure of its stores until further notice. The babies and young children apparel retailer said employee benefits will continue during the furlough period, and pay will resume once the stores reopen. In response to lower sales as a result of the COVID-19 pandemic, the company said it cancelled and significantly reduced inventory commitments; extended payment terms with suppliers, vendors and landlords; cut planned capital expenditures; reduced salaries; and suspended merit increases and 401(k) matches. The stock has shed 40.0% year to date, while the SPDR S&P Retail ETF has dropped 40.1% and the S&P 500 has declined 23.0%.
Carter’s, Inc. (NYSE:CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, today provided an update on actions it is taking to address the COVID-19 outbreak.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Jonathan Goldman of Genesis Capital says amid the coronavirus pandemic, businesses need to plan for the long-term.
Carter's Inc. is taking steps to increase financial flexibility as the coronavirus pandemic causes the company to shut down store operations.
Carter’s, Inc. (NYSE:CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, today provided a business update related to the COVID-19 pandemic.
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Carter’s, Inc. (NYSE:CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, announced today that Michael D. Casey, Chairman and Chief Executive Officer, will present at the Bank of America Consumer & Retail Technology Conference on Wednesday, March 11, 2020 at 8:50 a.m. Eastern Daylight Time via teleconference.
Emory's George Painter has been researching coronavirus treatment for more than three years. He says the impact on business may not be as severe as the stock markets suggest.
It's been a mediocre week for Carter's, Inc. (NYSE:CRI) shareholders, with the stock dropping 17% to US$91.72 in the...
Carter's (CRI) delivered earnings and revenue surprises of -2.77% and 0.34%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Carter's Inc. slumped 4.3% in premarket trading Monday, after the children's apparel seller missed fourth-quarter profit expectations, but matched on sales and raised its dividend by 20%. Net income fell to $125.1 million, or $2.82 a share, from $130.6 million, or $2.83 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share fell 1.1% to $2.81, below the FactSet consensus of $2.89. Sales declined 1.3% to $1.10 billion, in line with the FactSet consensus of $1.10 billion, as U.S. retail sales grew 2.2%, wholesale sales fell 0.7% and international sales increased 2.4% to $131.7 million. The company raised the quarterly dividend to 60 cents a share from 50 cents, payable March 20 to shareholders of record on March 6. Based on Friday's stock closing price of $110.73, the new dividend implies a dividend yield of 2.17%, compared with the implied yield for the S&P 500 of 1.82%. The company also set a new $500 million stock buyback program, which is in addition to about $172 million remaining under the previous program. The stock has gained 9.1% over the past three months through Friday, while the S&P 500 has advanced 7.3%.
NEW YORK, NY / ACCESSWIRE / February 24, 2020 / Carter's, Inc. (NYSE:CRI) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 24, 2020 at 8:30 AM ...
Carter’s, Inc. (NYSE:CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, today reported its fourth quarter and fiscal 2019 results.
Carter's (CRI) Q4 results are likely to reflect gains from retail strategy including product offerings and e-commerce business. However, tariff woes and foreign currency headwind persist.