Carter’s (NYSE:CRI) Releases FY 2025 Earnings Guidance

Carter’s (NYSE:CRI) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 3.200-3.800 for the period, compared to the consensus earnings per share estimate of 4.950. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.8 billion. Carter’s also updated its FY25 guidance to $3.20-3.80 EPS.

Carter’s Stock Down 15.9 %

Shares of NYSE:CRI opened at $43.77 on Wednesday. The stock’s 50-day moving average is $53.10 and its 200 day moving average is $58.37. The company has a market cap of $1.58 billion, a PE ratio of 6.95, a P/E/G ratio of 3.37 and a beta of 1.21. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96. Carter’s has a 1 year low of $42.55 and a 1 year high of $88.03.

Carter’s (NYSE:CRI) last posted its earnings results on Tuesday, February 25th. The textile maker reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.52. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. The firm had revenue of $859.70 million for the quarter, compared to analysts’ expectations of $835.82 million. During the same period in the previous year, the firm earned $2.76 earnings per share. The business’s revenue was up .2% compared to the same quarter last year. Sell-side analysts anticipate that Carter’s will post 5.15 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Citigroup raised Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price objective for the company in a research report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $65.60.

Carter’s Company Profile

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.