Carter’s, Inc. Reports First Quarter Fiscal 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Carter's (CRI) PT Raised to $105 at Wells Fargo
April 30, 2021 12:04 PM EDTWells Fargo analyst Ike Boruchow raised the price target on Carter's (NYSE: CRI) to $105.00 (from $85.00) while maintaining a Equal Weight rating.
The analyst commented, "Demand trends are accelerating faster than expected, while profitability is at record levels (primarily better price realization, stronger full-price... More
Carter's (CRI) Tops Q1 EPS by $1.66, Revenues Beat
April 30, 2021 6:11 AM EDTCarter's (NYSE: CRI) reported Q1 EPS of $1.98, $1.66 better than the analyst estimate of $0.32. Revenue for the quarter came in at $787 million versus the consensus estimate of $664.49 million.
Net sales $787 million, growth of 20%Double-digit growth in all business segmentsStrong online demand - U.S. eCommerce net sales increased 38%Net sales in March grew 59%Strong improvement in profitabilityOperating margin 16.2%; adjusted operating margin 16.3%Diluted EPS $1.96 vs. loss per diluted share of $1.82 last yearAdjusted diluted EPS $1.98 vs. adjusted loss per diluted share of $0.81 last yearCompany raises... More