Carter’s (NYSE:CRI) Releases Q1 2025 Earnings Guidance

Carter’s (NYSE:CRI) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.450-0.550 for the period, compared to the consensus earnings per share estimate of 0.860. The company issued revenue guidance of $615.0 million-$625.0 million, compared to the consensus revenue estimate of $653.0 million. Carter’s also updated its FY 2025 guidance to 3.200-3.800 EPS.

Carter’s Stock Down 1.6 %

Shares of CRI stock traded down $0.70 during mid-day trading on Thursday, hitting $41.63. The company’s stock had a trading volume of 533,222 shares, compared to its average volume of 1,075,797. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 6.62, a PEG ratio of 3.37 and a beta of 1.21. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 2.21. Carter’s has a 52-week low of $41.61 and a 52-week high of $88.03. The business has a 50-day moving average price of $52.84 and a 200 day moving average price of $58.26.

Carter’s (NYSE:CRI) last issued its earnings results on Tuesday, February 25th. The textile maker reported $2.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.87 by $0.52. The business had revenue of $859.70 million during the quarter, compared to analyst estimates of $835.82 million. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. Carter’s’s revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.76 EPS. Research analysts predict that Carter’s will post 5.15 EPS for the current fiscal year.

Carter’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 10th will be given a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 7.69%. The ex-dividend date is Monday, March 10th. Carter’s’s dividend payout ratio (DPR) is presently 50.79%.

Wall Street Analyst Weigh In

Several brokerages recently commented on CRI. Wells Fargo & Company cut their price objective on Carter’s from $65.00 to $48.00 and set an “equal weight” rating for the company in a report on Wednesday. Citigroup reduced their price target on shares of Carter’s from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, UBS Group dropped their price objective on shares of Carter’s from $57.00 to $49.00 and set a “neutral” rating on the stock in a report on Wednesday. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to data from MarketBeat, Carter’s presently has an average rating of “Hold” and a consensus target price of $55.20.

About Carter’s

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.