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Carter's, Inc. Announces Timing of its Release of Plan to Return to Growth, Capital Allocation Strategy Revision, and Declaration of $0.25 Quarterly Dividend

1. Carter's Inc. updates capital return strategy amid new management. 2. CEO Doug Palladini emphasizes teamwork in developing strategic plans.

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FAQ

Why Bullish?

The announcement signals positive changes under new leadership, similar to past transitions that strengthened company performance.

How important is it?

New leadership and strategic updates likely positively influence investor confidence and stock performance.

Why Long Term?

Strategic updates often yield gradual improvements over time, impacting CRI's growth trajectory.

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ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE: CRI) today announced an update to the Company's return of capital strategy in conjunction with its ongoing strategy development. Doug Palladini, Chief Executive Officer & President of Carter's, commented: “I could not have asked to join a more talented, creative and passionate team here at Carter's. Since my start in early April, I have been working with the Board and management team on the development of a new strategic plan, and I believe we.

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