Carter’s IncCRI
▲ PositiveCapitalrelevance
Q2 earnings and revenue beat estimates, with shares rising 6%.
Impact on stocks 1
Consumer Discretionary
Carter’s IncCarter's second-quarter earnings beat estimates, shares rise 6%
Earnings
Carter's reported second-quarter non-GAAP earnings per share of $0.26, beating analyst estimates by $0.20, while revenue of $615 million, a 5.1% increase year-over-year, exceeded expectations by $8.86 million. U.S. Retail comparable sales grew 5.1%. For fiscal 2026, the company projects net sales growth of 2% to 3%, adjusted operating income growth in the low to mid single-digit percentage range, and a high single-digit to low double-digit percentage decline in adjusted diluted earnings per share. Operating cash flow is expected between $230 million and $240 million, with capital expenditures of $50 million. Shares rose 6% in pre-market trading.
Carter’s IncQ2 earnings and revenue beat estimates, with shares rising 6%.