Carter's, Inc. Reports Earnings Results for the First Quarter Ended March 30, 2024
April 26, 2024 at 06:22 am EDT
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Carter's, Inc. reported earnings results for the first quarter ended March 30, 2024. For the first quarter, the company reported sales was USD 661.49 million compared to USD 695.88 million a year ago. Net income was USD 38.03 million compared to USD 36 million a year ago.
Basic earnings per share from continuing operations was USD 1.04 compared to USD 0.95 a year ago. Diluted earnings per share from continuing operations was USD 1.04 compared to USD 0.95 a year ago.
Carter's, Inc. is a marketer of young childrenâs apparel in North America. Its segments include U.S. Retail, U.S. Wholesale, and International. The U.S. Retail segment includes sales of products in the United States through its retail stores and eCommerce websites. The U.S. Wholesale segment consists of sales in the United States of products to its wholesale partners. The International segment includes sales of products outside the United States, through its retail stores and eCommerce websites in Canada and Mexico, and sales to its international wholesale customers and licensees. It owns Carterâs and OshKosh Bâgosh brands. These brands are sold in department stores, national chains, and specialty retailers domestically and internationally. They are also sold through nearly 1,000 Company-operated stores in the United States, Canada, and Mexico and online at www.carters.com, www.oshkosh.com, www.cartersoshkosh.ca, and www.carters.com.mx. It also owns Little Planet and Skip Hop brands.
CARTER'S, INC. 
