carter’s news and archive

Carter’s launches its first clothing collection for premature babies

Most expectant parents already have a full wardrobe ready before the new member of the family arrives. But those clothes are not so practical if the baby is born premature, which happens to one in ten babies in the United States. One would be surprised to learn just how hard it is to find baby clothes in smaller sizes, which is why Carter’s, the...

Management

Carter's FY17 net sales increase 6.3 percent

Carter’s, Inc. reported consolidated net sales increased 93.1 million dollars or 10 percent to 1.03 billion dollars in the fourth quarter reflecting growth in all business segments and contributions from the 2017 Skip Hop and Mexico licensee acquisitions. Consolidated net sales increased 201.2 million dollars or 6.3 percent to 3.4 billion...

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Management

Skip Hop boosts Carter's Q3, per share earning rise 5.8 percent

Carter’s third quarter net sales increased 46.8 million dollars or 5.2 percent to 948.2 million dollars, driven by growth in the company’s US retail segment and the benefit of Skip Hop, which was acquired by the company in February 2017. Net income in the third quarter increased 1.7 million dollars or 2.1 percent to 82.5 million dollars or 1.71...

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Management

Carter’s Q2 net sales rise on Skip Hop acquisition

Carter’s second quarter net sales increased 52.6 million dollars or 8.2 percent to 692.1 million dollars, driven by growth in the company’s US retail segment, and the benefit of Skip Hop, a global lifestyle brand for families with young children acquired by the company in February 2017. Net sales increased 61.3 million dollars or 4.5 percent to...

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Management

Carter's posts 1.2 percent rise in Q1 net sales

Carter’s first quarter net sales increased 8.7 million dollars or 1.2 percent to 732.8 million dollars, reflecting growth in the company’s domestic retail and wholesale sales, which was partially offset by a decline in International sales. “We achieved our sales and earnings objectives in the first quarter,” said Michael D. Casey, Chairman and...

Report

Cater’s announces acquisition of Skip Hop

Carter’s has announced that it has acquired Skip Hop Holdings, a global lifestyle brand for families with young children, from Fireman Capital Partners. Carter’s said, acquisition of Skip Hop is expected to be accretive to the company’s fiscal 2017 adjusted earnings per share. “Skip Hop has built a strong reputation for innovative, essential...

Management

Carter's net sales witness a 6.1 percent increase in FY16

Carter’s fourth quarter consolidated net sales increased 67.7 million dollars or 7.8 percent to 934.2 million dollars. Consolidated net sales for the whole year increased 185.3 million dollars or 6.1 percent, to 3.2 billion dollars. This increase, the company said, reflects sales growth in nearly every business segment. “The fourth quarter...

Management

Carter’s Q3 net sales rise 6.1 percent

Carter’s third quarter net sales increased 51.6 million dollars or 6.1percent, to 901.4 million dollars, reflecting growth in the company’s US Carter’s and OshKosh retail businesses, Carter’s wholesale business, and international segment. The company said, changes in foreign currency exchange rates favourably affected consolidated net sales by...

Management|REPORT

Carter’s net sales rise 4.4 percent in Q2

Carter’s second quarter net sales increased 26.7 million dollars, or 4.4 percent to 639.5 million dollars, reflecting growth in the company’s US Carter’s and OshKosh retail businesses as well as in its international segment. Changes in foreign currency exchange rates during the quarter negatively impacted consolidated net sales by 2.5 million...

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Management|REPORT

Carter’s Q1 net sales up 5.7 percent, updates outlook

Carter’s first quarter net sales increased 39.3 million dollars, or 5.7 percent to 724.1 million dollars, reflecting growth in the company’s US Carter’s and OshKosh retail and Carter’s wholesale businesses as well as in its international segment. However, the company said, changes in foreign currency exchange rates negatively impacted...

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Management|REPORT

Carter’s reports 4.1 percent increase in FY15 net sales

Carter’s, retailer of apparel for babies and young children in the United States and Canada said that consolidated net sales increased 120 million dollars, or 4.1 percent to 3 billion dollars reflecting growth in all segments except OshKosh wholesale. Consolidated sales decreased 2.7 million dollars or 0.3 percent to 866.5 million dollars in the...

Business|REPORT

Carter’s Q3 net sales up 6.4 percent, reaffirms profit guidance

Carter’s net sales increased 50.9 million dollars, or 6.4 percent, to 849.8 million dollars, principally driven by growth in the company's Carter’s wholesale and US Carter’s and OshKosh direct-to-consumer businesses. “We continued to outperform the market, with good growth in sales and earnings in the third quarter,” said Michael D. Casey,...