CRI

In Q4 2025, Carter's reported adjusted EPS of $1.90 and revenue of $925 million, surpassing expectations, but the stock fell due to concerns over declining gross margins and a soft outlook for fiscal year 2026. In Q1 2026, the company reported net sales of $681.1 million and adjusted diluted EPS of $0.39, beating estimates, but profitability was affected by higher tariffs and investment spending. Sharon Price John was appointed as the new CEO and President, effective June 15, 2026. Carter's plans to close approximately 150 low-margin retail stores by 2028, with about 60 North American stores slated for closure in 2026.