Carter’s, Inc. Reports Second Quarter Fiscal 2021 Results
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Carter's (CRI) Tops Q2 EPS by 88c
July 30, 2021 6:28 AM EDTCarter's (NYSE: CRI) reported Q2 EPS of $1.67, $0.88 better than the analyst estimate of $0.79. Revenue for the quarter came in at $746 million versus the consensus estimate of $713.84 million.
2021 Business Outlook:
The Companys revised outlook for fiscal year 2021 reflects stronger than expected performance in the first half, and improved second half sales and adjusted earnings compared to those contemplated in its previous guidance. Factors expected to benefit the Companys performance in the second half of fiscal 2021 include its market-leading product assortments, structural changes made during the pandemic, such as improved assortment productivity,... More
