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Carter's, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results

1. Carter's reported Q4/FY24 results; improved traffic and comparable sales were observed. 2. Effective product, pricing, and promotional strategies boosted U.S. retail conversion.

Earnings
-17.61%Current Return
VS
-0.37%S&P 500
$52.0602/25 06:36 AM EDTEvent Start
$42.8902/26 01:20 PM EDTLatest Updated
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FAQ

Why Bullish?

The strong quarterly and full-year performance indicates positive operational momentum. Similar past earnings beats have led to stock rallies in the retail sector.

How important is it?

The reported improvements in key metrics are significant for CRI’s near-term performance and align with historical responses to solid earnings reports.

Why Short Term?

Immediate positive metrics are likely to drive near-term investor sentiment, as seen with previous earnings announcements.

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ATLANTA--(BUSINESS WIRE)--Carter's, Inc. (NYSE:CRI), the leading company in North America focused exclusively on apparel for babies and young children, today reported its fourth quarter and fiscal year 2024 results. “Our product, pricing and promotional strategies in the fourth quarter drove a continued trend improvement in traffic, conversion and comparable sales in our U.S. Retail businesses,” said Richard F. Westenberger, Interim Chief Executive Officer, Senior Executive Vice President, Chie.

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