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

1. Carter’s Inc reported Q4 and fiscal year 2024 earnings. Strategies boosted traffic, conversion, and sales. 2. Effective product, pricing, and promotional efforts drove U.S. retail improvements. Performance reflects a positive trend.

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FAQ

Why Bullish?

The reported results show effective strategies that improved traffic, conversion, and sales, similar to past positive earnings that led to short-term stock rallies.

How important is it?

While earnings reports are crucial for near-term price movements, the impact is moderated by market expectations and the absence of major surprises.

Why Short Term?

Earnings reports typically drive immediate investor reactions; similar historical cases indicate short-term momentum.

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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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