Carter's news and archive

Carter’s reports sales growth for FY25 despite significant margin pressure

Atlanta-based apparel group Carter’s (CRI) has reported its financial results for the fourth quarter and fiscal year ended January 3, 2026, revealing a period of topline growth tempered by significant profitability headwinds driven by international trade duties. The company delivered net sales of 2.90 billion dollars for the full year,...

Fashion |In Pictures

OshKosh Baby B'Gosh launches 100th anniversary Winnie the Pooh collection

Children’s apparel brand, Oshkosh Baby B’Gosh, has launched a special collaborative collection with Disney that marks the 100th anniversary of beloved storybook character Winnie the Pooh. Celebrating a century of Winnie the Pooh, the Disney | Baby B’Gosh collection brings beloved stories from the Hundred Acre Wood to life by combining timeless...

Fashion

Carter's launches capsule collection with Once Upon a Farm

Carter’s, Inc. has partnered with children’s snack company Once Upon a Farm to create a limited-edition, capsule collection. The Carter’s x Once Upon a Farm collection includes apparel and sleepwear for babies and young children made from Carter’s Purely Soft essentials with farm-fresh prints inspired by Once Upon a Farm’s nutritious snacks....

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Business

Carter's achieves high single-digit net sales increase in Q4

US-based childrenswear specialist Carter’s, Inc. has announced preliminary net sales results for the fourth quarter and fiscal year 2025, signaling a return to growth following a period of strategic repositioning. On an unaudited basis, consolidated net sales for the quarter increased by a high single-digit percentage compared to the prior year....

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Retail

US retail industry outlook: Store closures persist into early 2026

Following a year marked by extensive store closures in 2025 – from the bankruptcy and eventual collapse of Joann Fabrics, to major network restructurings at Macy’s and Kohl’s – the US retail industry is likely anticipating some respite in the year. However, turbulence appears set to persist, at least through early 2026. Data from Business...

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Business

Carter's to cut 15 percent office jobs, close stores as tariffs hit Q3 profit

Carter’s, Inc., the apparel company for babies and young children in North America, reported its third-quarter fiscal 2025 results, reflecting both improved consumer demand and significant pressure on profitability. While the company achieved positive comparable sales and improved pricing in its U.S. Retail segment for the second consecutive...

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Business

Carter's Q1 sales and earnings decline

Carter's, a prominent children's wear retailer, disclosed its financial performance for the first quarter of fiscal year 2025, revealing a reduction in key financial indicators compared to the corresponding period last year, indicating a difficult start to the fiscal year for the company. The company's consolidated net sales for the first...

People

Carter's names Douglas Palladini as CEO to drive growth amid retail challenges

Childrenwear retailer Carter's has announced a leadership change amidst a challenging retail landscape. Douglas Palladini is set to take the helm as CEO and president, effective April 3, 2025, signaling a move to bolster the company's direct-to-consumer and global presence. Palladini most recently served as founder and owner of Kickstand, a...

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Business

Children's wear retailer Carter's issues cautious 2025 outlook

While children’s wear retailer Carter’s fourth quarter net sales of 860 million dollars and adjusted diluted EPS of 2.39 dollars beat analysts’ expectations, the company’s 2025 outlook disappointed them. Specifically, the company’s projected earnings per share between 3.20 dollars and 3.80 dollars and 2025 revenue range of 2.78 billion dollars...

People

Carter’s announces retirement of Michael Casey, reaffirms outlook

North American retailer Carter’s has announced the retirement of Michael D. Casey as chairman and chief executive officer after over 15 years in the role and a more than 30-year career with the company. The company said in a release that Richard F. Westenberger has been appointed interim chief executive officer, in addition to his...

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Management

Carter’s posts drop in Q1 sales, profit

US kidswear retailer Carter’s has reported a 10.9 percent drop in Q1 sales as its profits narrowed. The company made net sales of 695.9 million dollars in the first quarter of the year, down from 781.3 million dollars a year earlier. It said the drop was linked to macroeconomic factors, including inflation, which drove consumer demand down. The...

Fashion

Carter’s launches first maternity collection

American children’s apparel retailer, Carter’s, launched its Little Planet Mama Collection, marking its first step into maternity wear. The capsule collection will consist of nursing-friendly, “comfortable” and “versatile” items for expectant, as well as new moms and features practical details such as pockets, snaps and front buttons. The core...