Carter's (CRI) Tops Q2 EPS by 88c
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Carter’s, Inc. Reports Second Quarter Fiscal 2021 Results
July 30, 2021 6:23 AM EDTNet sales $746 million, growth of 45% Strong growth in all business segments Net sales exceeded Q2 2019 pre-pandemic performance Significantly improved profitability vs. Q2 2020 Gross margin 49.4%, 370 basis point expansion Operating margin 14.4% vs. 4.1% in Q2 2020; adjusted operating margin 14.8% vs. 8.0% in Q2 2020 Diluted EPS $1.62 vs. $0.19 in Q2 2020; adjusted diluted EPS $1.67 vs. $0.54 in Q2 2020 Company raises full year fiscal 2021 outlook Net sales growth of approximately 15% Adjusted diluted EPS growth... More
