Carter's (CRI)
Market Price (10/25/2026): $32.61 | Market Cap: $1.2 BilSector: Consumer Discretionary | Industry: Apparel, Accessories & Luxury Goods
Carter's (CRI)
Market Price (10/25/2026): $32.61Market Cap: $1.2 BilSector: Consumer DiscretionaryIndustry: Apparel, Accessories & Luxury Goods
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 20%, Dividend Yield is 3.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 15%, FCF Yield is 25% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% Low stock price volatilityVol 12M is 48% Megatrend and thematic driversMegatrends include E-commerce & DTC Adoption, Sustainable Consumption, and Health & Wellness Trends. Themes include Direct-to-Consumer Brands (Staples), Show more. | Weak multi-year price returns2Y Excs Rtn is -78%, 3Y Excs Rtn is -123% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.4% Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 21% Key risksCRI key risks include [1] intense pricing pressure within the highly competitive children's apparel market and [2] supply chain cost and tariff exposures from its heavy reliance on Asian manufacturing. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 20%, Dividend Yield is 3.2%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 15%, FCF Yield is 25% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% |
| Low stock price volatilityVol 12M is 48% |
| Megatrend and thematic driversMegatrends include E-commerce & DTC Adoption, Sustainable Consumption, and Health & Wellness Trends. Themes include Direct-to-Consumer Brands (Staples), Show more. |
| Weak multi-year price returns2Y Excs Rtn is -78%, 3Y Excs Rtn is -123% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.4% |
| Significant short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 21% |
| Key risksCRI key risks include [1] intense pricing pressure within the highly competitive children's apparel market and [2] supply chain cost and tariff exposures from its heavy reliance on Asian manufacturing. |
Qualitative Assessment
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Carter's (CRI) stock has lost about 20% since 6/30/2026 because of the following key factors:
1. Narrowed Fiscal Year 2026 Sales Outlook Despite Q2 2026 Earnings Beat.
Carter's reported adjusted earnings per share (EPS) of $0.26 for fiscal Q2 2026 (reported July 31, 2026), significantly beating the consensus estimate of $0.06. Revenue also exceeded expectations at $615.49 million, against an estimate of $605.68 million. However, the stock experienced a notable pre-market decline of 8.71% following the announcement. This negative reaction was primarily driven by the company narrowing its fiscal year 2026 sales growth guidance to 2-3% from its prior low-to-mid single-digit outlook, signaling anticipated softer demand, particularly in the second half of the year.
2. Anticipated Weak Fiscal Q3 2026 Performance and Analyst Downgrades.
Ahead of Carter's estimated fiscal Q3 2026 earnings release on October 26, 2026, analysts lowered their expectations and price targets. Needham, for instance, reduced its fiscal Q3 2026 EPS estimate to $0.80 from the company's guidance of $0.85, citing headwinds such as soft demand, a declining birth rate, elevated inflation in gas and oil, and unfavorable weather. Needham also lowered full-year fiscal 2026 EPS estimates to $3.03 from $3.10 and fiscal 2027 estimates to $3.21 from $3.34. Separately, UBS lowered its price target for Carter's shares to $38 from $41, expressing concerns over potential margin pressure and the perception of the business decelerating.
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Carter's (CRI) stock has lost about 20% since 6/30/2026 because of the following key factors:
1. Narrowed Fiscal Year 2026 Sales Outlook Despite Q2 2026 Earnings Beat.
Carter's reported adjusted earnings per share (EPS) of $0.26 for fiscal Q2 2026 (reported July 31, 2026), significantly beating the consensus estimate of $0.06. Revenue also exceeded expectations at $615.49 million, against an estimate of $605.68 million. However, the stock experienced a notable pre-market decline of 8.71% following the announcement. This negative reaction was primarily driven by the company narrowing its fiscal year 2026 sales growth guidance to 2-3% from its prior low-to-mid single-digit outlook, signaling anticipated softer demand, particularly in the second half of the year.
2. Anticipated Weak Fiscal Q3 2026 Performance and Analyst Downgrades.
Ahead of Carter's estimated fiscal Q3 2026 earnings release on October 26, 2026, analysts lowered their expectations and price targets. Needham, for instance, reduced its fiscal Q3 2026 EPS estimate to $0.80 from the company's guidance of $0.85, citing headwinds such as soft demand, a declining birth rate, elevated inflation in gas and oil, and unfavorable weather. Needham also lowered full-year fiscal 2026 EPS estimates to $3.03 from $3.10 and fiscal 2027 estimates to $3.21 from $3.34. Separately, UBS lowered its price target for Carter's shares to $38 from $41, expressing concerns over potential margin pressure and the perception of the business decelerating.
3. Persistent Margin Pressures.
Carter's experienced a gross margin decline of 180 basis points in fiscal Q2 2026, attributed to tariffs and pricing pressure. Looking forward, analysts project continued margin pressure into fiscal 2027 due to elevated oil and cotton prices. These pressures on profitability contribute to a cautious outlook for the company's financial performance.
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Stock Movement Drivers
Fundamental Drivers
The -20.2% change in CRI stock from 6/30/2026 to 10/24/2026 was primarily driven by a -62.8% change in the company's P/E Multiple.| (LTM values as of) | 6302026 | 10242026 | Change |
|---|---|---|---|
| Stock Price ($) | 40.84 | 32.60 | -20.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,950 | 2,980 | 1.0% |
| Net Income Margin (%) | 3.1% | 6.5% | 113.2% |
| P/E Multiple | 16.0 | 5.9 | -62.8% |
| Shares Outstanding (Mil) | 35 | 36 | -0.3% |
| Cumulative Contribution | -20.2% |
Market Drivers
6/30/2026 to 10/24/2026| Return | Correlation | |
|---|---|---|
| CRI | -20.2% | |
| Market (SPY) | 1.8% | 39.4% |
| Sector (XLY) | -3.6% | 54.4% |
Fundamental Drivers
The -7.5% change in CRI stock from 3/31/2026 to 10/24/2026 was primarily driven by a -56.3% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 10242026 | Change |
|---|---|---|---|
| Stock Price ($) | 35.25 | 32.60 | -7.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,898 | 2,980 | 2.8% |
| Net Income Margin (%) | 3.2% | 6.5% | 106.7% |
| P/E Multiple | 13.6 | 5.9 | -56.3% |
| Shares Outstanding (Mil) | 35 | 36 | -0.4% |
| Cumulative Contribution | -7.5% |
Market Drivers
3/31/2026 to 10/24/2026| Return | Correlation | |
|---|---|---|
| CRI | -7.5% | |
| Market (SPY) | 17.2% | 26.4% |
| Sector (XLY) | 4.0% | 41.0% |
Fundamental Drivers
The 19.0% change in CRI stock from 9/30/2025 to 10/24/2026 was primarily driven by a 36.6% change in the company's Net Income Margin (%).| (LTM values as of) | 9302025 | 10242026 | Change |
|---|---|---|---|
| Stock Price ($) | 27.39 | 32.60 | 19.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,833 | 2,980 | 5.2% |
| Net Income Margin (%) | 4.8% | 6.5% | 36.6% |
| P/E Multiple | 7.1 | 5.9 | -16.7% |
| Shares Outstanding (Mil) | 35 | 36 | -0.5% |
| Cumulative Contribution | 19.0% |
Market Drivers
9/30/2025 to 10/24/2026| Return | Correlation | |
|---|---|---|
| CRI | 19.0% | |
| Market (SPY) | 15.0% | 28.8% |
| Sector (XLY) | -5.0% | 36.3% |
Fundamental Drivers
The -46.5% change in CRI stock from 9/30/2023 to 10/24/2026 was primarily driven by a -45.7% change in the company's P/E Multiple.| (LTM values as of) | 9302023 | 10242026 | Change |
|---|---|---|---|
| Stock Price ($) | 60.93 | 32.60 | -46.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,027 | 2,980 | -1.6% |
| Net Income Margin (%) | 6.8% | 6.5% | -3.3% |
| P/E Multiple | 10.9 | 5.9 | -45.7% |
| Shares Outstanding (Mil) | 37 | 36 | 3.5% |
| Cumulative Contribution | -46.5% |
Market Drivers
9/30/2023 to 10/24/2026| Return | Correlation | |
|---|---|---|
| CRI | -46.5% | |
| Market (SPY) | 83.9% | 34.1% |
| Sector (XLY) | 43.7% | 38.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CRI Return | 9% | -23% | 5% | -24% | -37% | 7% | -55% |
| Peers Return | 20% | -39% | 12% | 4% | -7% | -7% | -26% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 104% |
Monthly Win Rates [3] | |||||||
| CRI Win Rate | 58% | 42% | 42% | 50% | 42% | 60% | |
| Peers Win Rate | 52% | 33% | 52% | 50% | 55% | 48% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| CRI Max Drawdown | -21% | -37% | -26% | -41% | -56% | -33% | |
| Peers Max Drawdown | -27% | -53% | -40% | -41% | -49% | -39% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PLCE, PVH, RL, VFC, LEVI. See CRI Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/23/2026 (YTD)
How Low Can It Go
| Event | CRI | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -13.7% | -9.5% |
| % Gain to Breakeven | 15.8% | 10.5% |
| Time to Breakeven | 62 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -20.3% | -6.7% |
| % Gain to Breakeven | 25.5% | 7.1% |
| Time to Breakeven | 203 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.9% | -33.7% |
| % Gain to Breakeven | 75.2% | 50.9% |
| Time to Breakeven | 397 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.3% | -19.2% |
| % Gain to Breakeven | 30.4% | 23.8% |
| Time to Breakeven | 63 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -10.8% | -3.7% |
| % Gain to Breakeven | 12.2% | 3.9% |
| Time to Breakeven | 17 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -15.1% | -12.2% |
| % Gain to Breakeven | 17.8% | 13.9% |
| Time to Breakeven | 100 days | 62 days |
In The Past
Carter's's stock fell -5.4% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 5.7% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | CRI | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -20.3% | -6.7% |
| % Gain to Breakeven | 25.5% | 7.1% |
| Time to Breakeven | 203 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.9% | -33.7% |
| % Gain to Breakeven | 75.2% | 50.9% |
| Time to Breakeven | 397 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -23.3% | -19.2% |
| % Gain to Breakeven | 30.4% | 23.8% |
| Time to Breakeven | 63 days | 105 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -27.4% | -15.4% |
| % Gain to Breakeven | 37.8% | 18.2% |
| Time to Breakeven | 355 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -38.1% | -53.4% |
| % Gain to Breakeven | 61.6% | 114.4% |
| Time to Breakeven | 64 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -25.8% | -8.6% |
| % Gain to Breakeven | 34.7% | 9.5% |
| Time to Breakeven | 697 days | 47 days |
In The Past
Carter's's stock fell -5.4% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 5.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Carter's (CRI)
Carter's, Inc. (CRI) is a prominent global designer, sourcer, and marketer of branded childrenswear and related products. The company primarily targets babies and young children, offering a wide array of apparel and essential items under well-known brands such as Carter's, OshKosh, Skip Hop, and various private label lines like Child of Mine and Just One You.
The product portfolio is extensive, encompassing baby and young children's apparel, including bodysuits, pants, dresses, knit sets, sleepwear, rompers, and overalls. Beyond clothing, the Skip Hop brand provides products for playtime, travel, mealtime, and bathtime, along with bags and homegear. Carter's also offers a variety of other items such as bedding, cribs, footwear, gift sets, swimwear, and toys, providing a comprehensive range of products for children.
Carter's reaches its customers through a robust multi-channel distribution strategy across three segments: U.S. Retail, U.S. Wholesale, and International. Domestically, the company operates its own chain of retail stores and dedicated e-commerce websites (e.g., carters.com, oshkoshbgosh.com). Additionally, it maintains a vast wholesale presence, distributing its products through department stores, national chain stores, and specialty stores. Internationally, Carter's expands its reach through wholesale accounts and licensees.
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Here are 1-3 brief analogies for Carter's:
- Essentially, it's like the Gap Inc. of children's clothing.
- Think of it as the Nike of baby and young children's apparel.
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- Infant and Toddler Apparel: Designs and markets a wide range of clothing for babies and young children, including bodysuits, dresses, sleepwear, and layette essentials.
- Children's Playclothes: Offers durable and stylish clothing for older children, featuring denim apparel, overalls, and coordinating outfits.
- Juvenile Lifestyle Products: Provides non-apparel items for children's playtime, travel, mealtime, and home, such as bags, gear, and bath accessories.
- Accessories and Other Children's Goods: Includes a variety of supplementary items like footwear, outerwear, bedding, cribs, toys, and gift sets.
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Carter's (CRI) sells primarily to other companies, particularly large retailers, through its U.S. Wholesale and International segments, which operate across 18,800 wholesale locations.
Its major customers include:
- Walmart Inc. (WMT) - Carter's produces the "Child of Mine" brand exclusively for Walmart.
- Target Corporation (TGT) - Carter's produces the "Just One You" brand exclusively for Target.
In addition to these, Carter's products are sold through a wide network of other department stores, national chain stores, and specialty stores.
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Douglas C. Palladini, Chief Executive Officer & President
Douglas C. Palladini joined Carter's as Chief Executive Officer & President and a member of the Board on April 3, 2025. Prior to joining Carter's, Mr. Palladini was the founder and owner of Kickstand, LLC, a consulting and advisory business focused on brand and consumer strategy, from April 2022 until March 2025. From June 2004 to March 2022, he served in various roles of increasing responsibility at Vans, a subsidiary of V.F. Corporation, ultimately serving as Global Brand President of Vans from July 2016 through March 2022. During his tenure as Global Brand President, he reportedly more than doubled global revenue to over $4.2 billion in less than six years, while also growing profitability and brand equity. He also served as General Manager of the Americas region at Vans from July 2013 to July 2016, where he reportedly led Vans to 20 consecutive quarters of double-digit growth. Earlier in his career, Mr. Palladini held entrepreneurial, marketing, and publishing roles, including founder and director of Cynic (a DGWB division), Chief Operating Officer of Swell, and group publisher of EMAP Peterson, where he accelerated revenue and improved profitability. He currently serves on the Board of Directors of Skull Candy, Inc. and Stance.
Richard F. Westenberger, Senior Executive Vice President, Chief Financial Officer & Chief Operating Officer
Richard F. Westenberger serves as the Senior Executive Vice President, Chief Financial Officer & Chief Operating Officer of Carter's, Inc. He joined Carter's in 2009 as Executive Vice President & Chief Financial Officer. Effective March 1, 2024, Mr. Westenberger was promoted to Senior Executive Vice President, Chief Financial Officer & Chief Operating Officer, taking on added responsibility for the Company's supply chain operations. He oversees the Company's finance, information technology, real estate, and enterprise risk management organizations. Mr. Westenberger also served as Interim CEO from January to April 2025.
Sarah J. Crockett, Chief Marketing Officer
Sarah J. Crockett joined Carter's as Chief Marketing Officer in July 2025.
Julie A. D'Emilio, Chief Sales Officer
Julie A. D'Emilio serves as the Executive Vice President, Sales of Carter's, Inc. She was listed as Executive Vice President, Sales in the Company's 2020 Annual Report.
Allison Peterson, Chief Retail & Digital Officer
Allison Peterson joined Carter's in 2024 as Executive Vice President, Chief Retail & Digital Officer and was named Chief Retail & Digital Officer in 2025. From 2004 to 2023, Ms. Peterson was with Best Buy Co., Inc., where she most recently served as Executive Vice President, Chief Customer Officer, with responsibilities for strategy, customer experience and insights, marketing, and loyalty. Her prior management positions at Best Buy included Senior Vice President, Chief Customer & Marketing Officer, President, E-Commerce, and Vice President, Category Marketing, Brand Strategy & Planning.
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Key Risks to Carter's (CRI) Business
- Macroeconomic Factors and Consumer Spending: Carter's business is highly sensitive to overall levels of consumer spending, confidence, and sentiment, particularly within the young children's apparel market. Economic downturns, inflationary pressures on costs, and a general slowdown in consumer discretionary spending can significantly impact sales, profitability, and margins.
- Supply Chain and Sourcing Risks: The company relies heavily on foreign suppliers, predominantly in Asia. This exposes Carter's to various operational risks, including political instability, natural disasters, changes in trade regulations, labor disruptions, increased transportation and freight costs, and the impact of tariffs, all of which can disrupt the supply chain and increase product costs.
- Highly Competitive Market and Brand / Product Appeal: Carter's operates in a highly competitive market for young children's apparel, facing significant competition from national brands, private labels, and specialty retailers. The company's continued success depends on its ability to maintain and enhance its strong brand identity, innovate new products, differentiate its offerings, and effectively manage its multichannel global business model, adapting to evolving consumer tastes and fashion trends. Failure to do so, or issues like negative publicity or inability to protect intellectual property, could diminish brand value and market share.
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The aggressive expansion of ultra-low-cost, digitally native fast fashion retailers into the childrenswear market poses a clear emerging threat. These companies leverage highly efficient supply chains, rapid production cycles, and direct-to-consumer online sales to offer significantly lower prices and frequent new product introductions, directly challenging traditional apparel brands like Carter's, which relies on a mix of retail stores, wholesale accounts, and its own eCommerce platforms.
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The addressable markets for Carter's (CRI) main products and services encompass the global and U.S. children's wear and broader baby products markets.
Global Addressable Markets
- The global children's wear market size reached approximately USD 314.8 billion in 2025 and is projected to reach USD 453.8 billion by 2034, growing at a compound annual growth rate (CAGR) of 4.02% during 2026-2034.
- The global baby products market size was estimated at USD 355.94 billion in 2025 and is projected to reach USD 579.52 billion by 2033, demonstrating a CAGR of 6.4% from 2026 to 2033.
U.S. Addressable Markets
- The U.S. kids' apparel market is projected to grow from USD 49.01 billion in 2025 to USD 69.76 billion by 2035, exhibiting a CAGR of 3.63%.
- The U.S. baby products market is projected to reach USD 87.2 billion in 2024, with a compound annual growth rate of 5.7% over its forecast period.
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Here are 3-5 expected drivers of future revenue growth for Carter's (CRI) over the next 2-3 years:
- Growth in Direct-to-Consumer (DTC) Channels: Carter's anticipates continued revenue growth through its direct-to-consumer channels, specifically strong performance in e-commerce and enhanced omnichannel capabilities. The company is investing in initiatives that connect physical stores with its e-commerce platform to create a seamless shopping experience for customers.
- International Market Expansion: The company expects to drive revenue growth through its international businesses, particularly in Canada and Mexico. Strong performance in these regions, including new store contributions and double-digit comparable sales growth in Mexico, highlights the potential for further global market expansion.
- Pricing Power and Reduced Promotional Activity: Carter's has demonstrated an ability to maintain higher average unit retail prices (AURs) and reduce promotional activity, which is expected to contribute to revenue growth. This strategy helps offset higher product costs and tariffs.
- Attracting New Consumer Segments and Product Innovation: Carter's is focusing on attracting new consumers, particularly Gen Z and Millennial families, by strengthening its brand appeal and offering higher-priced product assortments. The company is also driving growth through product innovation, including new brands like Little Planet and Otter Avenue, and continued strength in its core baby category.
- Strategic Investments in Demand Creation and Productivity Initiatives: The company plans to invest in demand creation (marketing) and productivity initiatives to drive store and e-commerce traffic, enhance consumer loyalty, and improve operational efficiency. These investments, alongside actions such as optimizing its store fleet, are expected to support revenue growth.
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Capital Allocation Decisions (Last 3-5 Years)
Share Repurchases
- Carter's reinstated its share repurchase program on August 19, 2021, with approximately $650.4 million remaining under outstanding authorizations at that time.
- A new share repurchase plan was announced on February 25, 2022, under which the company completed repurchases of 1,418,693 shares for $97.57 million.
- No shares were repurchased in fiscal year 2025.
Capital Expenditures
- Capital expenditures were $37.44 million in fiscal year 2021, $40.36 million in fiscal year 2022, and $59.86 million in fiscal year 2023.
- For fiscal year 2025, capital expenditures were reported at $55 million.
- The company projects capital expenditures of approximately $55 million for fiscal year 2026, with a focus on investments in new and remodeled stores, technology initiatives, and demand creation.
Peer Outperformance in Apparel, Accessories & Luxury Goods
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| CRI | Carter's | -0.4% | 5.9x | 3.8% | -42.5% | -61.2% | — |
| LEVI | Levi Strauss | 3.3% | 13.8x | 4.5% | 62.2% | -6.9% | +54pp |
| PVH | PVH | -0.8% | -23.2x | -0.5% | 13.9% | -23.4% | +38pp |
| COLM | Columbia Sportswear | -1.5% | 15.2x | 16.9% | -7.9% | -32.8% | +28pp |
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Education Services | 14 | -19.6% | 51.2% | 88.8% | CVSA 258% · PRDO 244% · LRN 138% |
| Homebuilding | 17 | -7.6% | 50.5% | 32.5% | PHM 155% · GRBK 154% · TOL 144% |
| Hotels, Resorts & Cruise Lines | 21 | 3.0% | 45.2% | 19.0% | RCL 238% · MAR 163% · HLT 150% |
| Home Furnishings | 3 | -5.9% | 59.5% | -0.4% | SGI 42% · MHK -35% |
| Home Improvement Retail | 5 | -16.3% | 13.4% | -4.1% | HD -1% · LOW -4% · FND -65% |
| Automotive Retail | 17 | -12.2% | 15.9% | -8.6% | MUSA 210% · PAG 114% · ORLY 103% |
| Specialized Consumer Services | 10 | -15.1% | 30.2% | -15.3% | HRB 138% · FTDR 93% · SCI 42% |
| Footwear | 9 | 59.2% | 39.7% | -20.4% | DECK 28% · SHOO 9% · CROX -20% |
| Distributors | 4 | -16.6% | -14.4% | -25.3% | ARMK 110% · GPC 7% · POOL -57% |
| Restaurants | 37 | -12.6% | -3.3% | -26.4% | EAT 309% · CAKE 188% · TXRH 102% |
| Apparel Retail | 26 | 0.7% | 1.2% | -40.2% | ANF 308% · TJX 143% · ROST 119% |
| Leisure Products | 14 | -19.3% | -12.3% | -41.1% | GOLF 74% · HAS 60% · MAT -20% |
| Household Appliances | 18 | 3.6% | 7.5% | -41.5% | |
| Computer & Electronics Retail | 3 | 6.5% | 71.0% | -41.5% | BBY 7% · GME -42% |
| Leisure Facilities | 12 | 5.5% | -1.3% | -43.1% | LTH 144% · OSW 119% · PLNT -34% |
| Apparel, Accessories & Luxury Goods ← | 29 | -1.7% | 20.7% | -45.4% | RL 238% · TPR 225% · KTB 75% |
| Automotive Parts & Equipment | 38 | -18.0% | -10.4% | -45.9% | MOD 1044% · GTX 200% · BWA 48% |
| Casinos & Gaming | 20 | -17.7% | -22.0% | -48.1% | MCRI 88% · BYD 14% · RRR 11% |
| Broadline Retail | 14 | -13.3% | 33.7% | -52.2% | EBAY 64% · AMZN 49% · OLLI 31% |
| Other Specialty Retail | 24 | -25.4% | -14.6% | -61.7% | ULTA 68% · ASO 46% · DKS 29% |
| Automobile Manufacturers | 8 | -80.3% | -44.5% | -72.2% | GM 37% · TSLA 23% · F -3% |
| Consumer Electronics | 11 | -35.1% | -29.9% | -79.1% | GRMN 97% · SONO -45% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 26.88 |
| Mkt Cap | 6.8 |
| Rev LTM | 8,355 |
| Op Inc LTM | 718 |
| FCF LTM | 643 |
| FCF 3Y Avg | 534 |
| CFO LTM | 852 |
| CFO 3Y Avg | 757 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | -0.4% |
| Rev Chg Q | 4.3% |
| QoQ Delta Rev Chg LTM | 1.0% |
| Op Inc Chg LTM | 28.0% |
| Op Inc Chg 3Y Avg | 10.1% |
| Op Mgn LTM | 9.5% |
| Op Mgn 3Y Avg | 9.5% |
| QoQ Delta Op Mgn LTM | 0.7% |
| CFO/Rev LTM | 11.2% |
| CFO/Rev 3Y Avg | 10.8% |
| FCF/Rev LTM | 9.6% |
| FCF/Rev 3Y Avg | 8.7% |
Segment Financials
Revenue by Segment| $ Mil | 2026 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Baby | 1,261 | 1,139 | 1,098 | 1,125 |
| Playclothes | 915 | 949 | 993 | 1,262 |
| Other | 372 | 383 | 443 | 599 |
| Sleepwear | 352 | 373 | 412 | 501 |
| Total | 2,898 | 2,844 | 2,946 | 3,486 |
| $ Mil | 2016 | 2015 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|
| Carter’s Wholesale | 232 | 185 | 186 | 173 | 120 |
| Carter’s Retail | 199 | 211 | 181 | 146 | 106 |
| International | 47 | 39 | 41 | 43 | 27 |
| OshKosh Wholesale | 13 | 9 | 10 | 4 | -1 |
| OshKosh Retail | 12 | 8 | -1 | -8 | -9 |
| Corporate expenses | -111 | -120 | -152 | -96 | -54 |
| Total | 393 | 333 | 264 | 262 | 187 |
Price Behavior
| Market Price | $32.60 | |
| Market Cap ($ Bil) | 1.2 | |
| First Trading Date | 10/28/2003 | |
| Distance from 52W High | -24.9% | |
| 50 Days | 200 Days | |
| DMA Price | $32.48 | $35.94 |
| DMA Trend | down | indeterminate |
| Distance from DMA | 0.4% | -9.3% |
| 3M | 1YR | |
| Volatility | 38.3% | 48.1% |
| Downside Capture | 245.31 | 137.14 |
| Upside Capture | 123.06 | 125.39 |
| Correlation (S&P 500) | 39.3% | 26.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.70 | 1.81 | 1.50 | 0.95 | 1.08 | 1.03 |
| Up Beta | 1.11 | 1.84 | 0.40 | 0.67 | 0.86 | 1.35 |
| Down Beta | 5.26 | 4.59 | 2.41 | 0.55 | 0.96 | 0.75 |
| Up Capture | 253% | 75% | 97% | 77% | 129% | 41% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 12 | 19 | 28 | 60 | 129 | 384 |
| Down Capture | 286% | 270% | 239% | 149% | 116% | 105% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 10 | 23 | 35 | 65 | 122 | 365 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CRI | |
|---|---|---|---|---|
| CRI | 7.9% | 48.1% | 0.31 | - |
| Sector ETF (XLY) | -4.1% | 19.2% | -0.35 | 33.9% |
| Equity (SPY) | 14.8% | 12.7% | 0.80 | 26.0% |
| Gold (GLD) | -2.8% | 28.5% | -0.11 | 1.3% |
| Commodities (DBC) | 52.1% | 20.7% | 1.91 | -26.0% |
| Real Estate (VNQ) | 4.3% | 13.9% | 0.06 | 30.2% |
| Bitcoin (BTCUSD) | -24.8% | 43.5% | -0.54 | 7.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CRI | |
|---|---|---|---|---|
| CRI | -16.6% | 41.8% | -0.31 | - |
| Sector ETF (XLY) | 4.5% | 24.1% | 0.14 | 44.9% |
| Equity (SPY) | 12.7% | 17.1% | 0.56 | 42.6% |
| Gold (GLD) | 17.3% | 18.9% | 0.73 | 3.9% |
| Commodities (DBC) | 9.5% | 19.5% | 0.37 | 3.0% |
| Real Estate (VNQ) | 1.1% | 18.9% | -0.05 | 40.6% |
| Bitcoin (BTCUSD) | 5.7% | 51.7% | 0.29 | 19.4% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CRI | |
|---|---|---|---|---|
| CRI | -6.8% | 38.4% | -0.07 | - |
| Sector ETF (XLY) | 12.2% | 22.2% | 0.50 | 49.0% |
| Equity (SPY) | 15.3% | 17.9% | 0.72 | 47.5% |
| Gold (GLD) | 11.8% | 16.4% | 0.59 | 1.3% |
| Commodities (DBC) | 8.4% | 18.1% | 0.38 | 11.3% |
| Real Estate (VNQ) | 5.2% | 20.7% | 0.21 | 42.2% |
| Bitcoin (BTCUSD) | 62.4% | 66.2% | 1.02 | 12.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 9/21/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/31/2026 | 2.1% | 6.6% | -11.2% |
| 5/6/2026 | 11.7% | -0.1% | 15.2% |
| 2/27/2026 | -20.3% | -16.2% | -16.6% |
| 1/9/2026 | 2.9% | 6.1% | 8.6% |
| 10/27/2025 | 1.9% | -2.9% | -6.7% |
| 7/25/2025 | -19.7% | -26.0% | -19.7% |
| 4/25/2025 | -11.4% | -12.8% | -17.9% |
| 2/25/2025 | -16.1% | -19.3% | -18.3% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 12 | 10 | 10 |
| # Negative | 13 | 15 | 15 |
| Median Positive | 1.6% | 4.3% | 5.4% |
| Median Negative | -5.1% | -8.7% | -8.1% |
| Max Positive | 11.7% | 10.4% | 15.2% |
| Max Negative | -20.3% | -26.0% | -19.7% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/31/2026 | 2.1% | 6.6% | -11.2% |
| 5/6/2026 | 11.7% | -0.1% | 15.2% |
| 2/27/2026 | -20.3% | -16.2% | -16.6% |
| 1/9/2026 | 2.9% | 6.1% | 8.6% |
| 10/27/2025 | 1.9% | -2.9% | -6.7% |
| 7/25/2025 | -19.7% | -26.0% | -19.7% |
| 4/25/2025 | -11.4% | -12.8% | -17.9% |
| 2/25/2025 | -16.1% | -19.3% | -18.3% |
| 10/25/2024 | -13.3% | -16.7% | -17.8% |
| 7/26/2024 | -4.3% | -2.3% | 10.8% |
| 4/26/2024 | -2.2% | -2.9% | -6.8% |
| 2/27/2024 | -1.1% | -1.1% | 1.7% |
| 10/27/2023 | 0.2% | 7.2% | 5.6% |
| 7/28/2023 | 1.1% | 2.4% | -8.1% |
| 4/28/2023 | 1.2% | -3.1% | -8.1% |
| 2/24/2023 | 0.1% | 2.5% | -4.2% |
| 10/28/2022 | -5.1% | -13.0% | 0.2% |
| 7/29/2022 | 0.2% | 0.6% | -5.4% |
| 4/29/2022 | -5.0% | -8.7% | -12.1% |
| 2/25/2022 | 10.4% | 10.4% | 8.6% |
| 10/29/2021 | -2.4% | 2.8% | 3.6% |
| 7/30/2021 | -0.8% | 3.4% | 5.2% |
| 4/30/2021 | 5.4% | 5.3% | -0.5% |
| 2/26/2021 | -11.8% | -12.3% | -4.4% |
| 10/23/2020 | 0.2% | -3.6% | 0.6% |
| SUMMARY STATS | |||
| # Positive | 12 | 10 | 10 |
| # Negative | 13 | 15 | 15 |
| Median Positive | 1.6% | 4.3% | 5.4% |
| Median Negative | -5.1% | -8.7% | -8.1% |
| Max Positive | 11.7% | 10.4% | 15.2% |
| Max Negative | -20.3% | -26.0% | -19.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/31/2026 | 10-Q |
| 03/31/2026 | 05/06/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 10/27/2025 | 10-Q |
| 06/30/2025 | 07/25/2025 | 10-Q |
| 03/31/2025 | 04/25/2025 | 10-Q |
| 12/31/2024 | 02/25/2025 | 10-K |
| 09/30/2024 | 10/25/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 04/26/2024 | 10-Q |
| 12/31/2023 | 02/27/2024 | 10-K |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 04/28/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 10/28/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/31/2026 | 10-Q |
| 03/31/2026 | 05/06/2026 | 10-Q |
| 12/31/2025 | 02/27/2026 | 10-K |
| 09/30/2025 | 10/27/2025 | 10-Q |
| 06/30/2025 | 07/25/2025 | 10-Q |
| 03/31/2025 | 04/25/2025 | 10-Q |
| 12/31/2024 | 02/25/2025 | 10-K |
| 09/30/2024 | 10/25/2024 | 10-Q |
| 06/30/2024 | 07/26/2024 | 10-Q |
| 03/31/2024 | 04/26/2024 | 10-Q |
| 12/31/2023 | 02/27/2024 | 10-K |
| 09/30/2023 | 10/27/2023 | 10-Q |
| 06/30/2023 | 07/28/2023 | 10-Q |
| 03/31/2023 | 04/28/2023 | 10-Q |
| 12/31/2022 | 02/24/2023 | 10-K |
| 09/30/2022 | 10/28/2022 | 10-Q |
| 06/30/2022 | 07/29/2022 | 10-Q |
| 03/31/2022 | 04/29/2022 | 10-Q |
| 12/31/2021 | 02/25/2022 | 10-K |
| 09/30/2021 | 10/29/2021 | 10-Q |
| 06/30/2021 | 07/30/2021 | 10-Q |
| 03/31/2021 | 04/30/2021 | 10-Q |
| 12/31/2020 | 02/26/2021 | 10-K |
| 09/30/2020 | 10/23/2020 | 10-Q |
| 06/30/2020 | 07/24/2020 | 10-Q |
| 03/31/2020 | 05/06/2020 | 10-Q |
| 12/31/2019 | 02/24/2020 | 10-K |
| 09/30/2019 | 10/25/2019 | 10-Q |
Recent Forward Guidance
Updated 10/24/2026Latest: Q2 2026 Earnings Reported 7/31/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Operating Cash Flow | Reported | 230.00 Mil | 235.00 Mil | 240.00 Mil | 104.3% | Raised | Guidance: 115.00 Mil for 2026 | |
| 2026 Net Sales Growth | Reported | 2.0% | 2.5% | 3.0% | -1.0% | Lowered | Guidance: 3.5% for 2026 | |
| 2026 Adjusted Operating Income Growth | Reported | 2.0% | 3.5% | 5.0% | 0.0% | Affirmed | Guidance: 3.5% for 2026 | |
| 2026 Adjusted Diluted EPS Decline | Reported | -0.12 | -0.11 | -0.09 | 3.0% | Raised | Guidance: -0.14 for 2026 | |
| 2026 Capital Expenditures | Reported | 50.00 Mil | -9.1% | Lowered | Guidance: 55.00 Mil for 2026 | |||
| Q3 2026 Net Sales | Reported | 750.00 Mil | ||||||
| Q3 2026 Adjusted Operating Income | Reported | 50.00 Mil | ||||||
| Q3 2026 Adjusted Diluted EPS | Reported | 0.85 | ||||||
Prior: Q1 2026 Earnings Reported 5/6/2026
| Forward Guidance | Guidance Change | |||||||
|---|---|---|---|---|---|---|---|---|
| Metric | Source | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Net Sales Growth | Reported | 2.0% | -3.0% | Lower New | Actual: 5.0% for Q1 2026 | |||
| Q2 2026 Adjusted Operating Income | Reported | 11.00 Mil | 12.00 Mil | 13.00 Mil | -11.1% | Lower New | Actual: 13.50 Mil for Q1 2026 | |
| Q2 2026 Adjusted Diluted EPS | Reported | 0.02 | 0.04 | 0.06 | -1.0% | Lower New | Actual: 0.05 for Q1 2026 | |
| 2026 Operating Cash Flow | Reported | 110.00 Mil | 115.00 Mil | 120.00 Mil | 0.0% | Affirmed | Guidance: 115.00 Mil for 2026 | |
| 2026 Net Sales Growth | Reported | 1.0% | 3.5% | 5.0% | 0.0% | Affirmed | Guidance: 3.5% for 2026 | |
| 2026 Adjusted Operating Income Growth | Reported | 1.0% | 3.5% | 5.0% | 0.0% | Affirmed | Guidance: 3.5% for 2026 | |
| 2026 Adjusted Diluted EPS Decline | Reported | -0.17 | -0.14 | -0.1 | 0.0% | Affirmed | Guidance: -0.14 for 2026 | |
| 2026 Capital Expenditures | Reported | 55.00 Mil | 0.0% | Affirmed | Guidance: 55.00 Mil for 2026 | |||
Investor Activity (13F)
Updated Oct 25, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Apparel, Accessories & Luxury Goods Resources |
| Vogue Business |
| Jing Daily |
| Luxury Daily |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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