Carter's: Q3 Earnings Snapshot

Associated Press Finance
25 Oct 2024

ATLANTA (AP) — ATLANTA (AP) — Carter's Inc. (CRI) on Friday reported profit of $58.3 million in its third quarter.

The Atlanta-based company said it had net income of $1.62 per share. Earnings, adjusted for non-recurring costs, came to $1.64 per share.

The maker of children's apparel and accessories posted revenue of $758.5 million in the period.

For the current quarter ending in December, Carter's expects its per-share earnings to range from $1.32 to $1.72.

The company said it expects revenue in the range of $800 million to $840 million for the fiscal fourth quarter.

Carter's expects full-year earnings in the range of $4.70 to $5.15 per share, with revenue ranging from $2.79 billion to $2.83 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRI at https://www.zacks.com/ap/CRI

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