Carter’s (CRI) to Release Quarterly Earnings on Friday

Carter’s (NYSE:CRI) is projected to release its Q2 2025 earnings data before the market opens on Friday, July 25th. Analysts expect Carter’s to post earnings of $0.43 per share and revenue of $563.24 million for the quarter.

Carter’s (NYSE:CRI) last issued its earnings results on Friday, April 25th. The textile maker reported $0.66 EPS for the quarter, beating the consensus estimate of $0.53 by $0.13. Carter’s had a net margin of 5.80% and a return on equity of 23.50%. The company had revenue of $291.09 million for the quarter, compared to the consensus estimate of $624.86 million. During the same quarter in the previous year, the company earned $0.98 EPS. The firm’s revenue for the quarter was down 4.8% compared to the same quarter last year. On average, analysts expect Carter’s to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Carter’s Stock Up 0.9%

Shares of NYSE:CRI opened at $30.46 on Friday. Carter’s has a 52 week low of $29.36 and a 52 week high of $71.99. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.40 and a current ratio of 2.56. The company’s fifty day moving average is $32.17 and its 200-day moving average is $40.24. The company has a market capitalization of $1.11 billion, a PE ratio of 6.74 and a beta of 0.98.

Carter’s Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 20th. Investors of record on Tuesday, June 3rd were given a dividend of $0.25 per share. This is an increase from Carter’s’s previous dividend of $0.22. The ex-dividend date was Monday, June 2nd. This represents a yield of 3.19%. Carter’s’s dividend payout ratio is 22.12%.

Hedge Funds Weigh In On Carter’s

An institutional investor recently raised its position in Carter’s stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Carter’s, Inc. (NYSE:CRI) by 5.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 120,964 shares of the textile maker’s stock after buying an additional 6,195 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 0.33% of Carter’s worth $4,947,000 as of its most recent SEC filing.

Wall Street Analysts Forecast Growth

CRI has been the topic of several research reports. UBS Group reduced their price target on shares of Carter’s from $37.00 to $32.00 and set a “neutral” rating on the stock in a research report on Monday, April 28th. Barclays started coverage on Carter’s in a research note on Monday, April 28th. They issued an “underweight” rating and a $25.00 price target for the company. Finally, Wells Fargo & Company increased their target price on Carter’s from $25.00 to $28.00 and gave the stock an “underweight” rating in a research note on Wednesday, May 14th. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $36.80.

About Carter’s

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.