skip hop news and archive

Carter's Q1 sales up 20.3 percent, earnings improve

For the first quarter, Carter’s, Inc. net sales increased 132.9 million dollars or 20.3 percent to 787.4 million dollars, reflecting strong growth in all business segments. The company’s U.S. retail, U.S. wholesale and international segments grew 27 percent, 12 percent and 19 percent, respectively. Consolidated net sales in fiscal March...

Member

Management

Carter's records drop in Q4 sales and earnings

Carter’s, Inc. fourth quarter consolidated net sales decreased 110.6 million dollars or 10.1 percent to 989.9 million dollars, while full year consolidated net sales decreased 495 million dollars or 14.1 percent to 3 billion dollars. The company said, sales declined in all segments principally due to disruptions related to the Covid-19 pandemic....

Member

Report

Carter's Q3 sales drop but earnings up 4.8 percent

Carter’s, Inc. said in a statement that net sales for the third quarter decreased 78.2 million dollars or 8.3 percent to 865.1 million dollars reflecting decreased sales to certain wholesale customers, decreased traffic to company-operated stores, and decreased back-to-school sales due to ongoing disruptions related to the Covid-19 pandemic,...

Member

Report

Carter’s posts Q1 net loss of 78.7 million dollars

Carter’s, Inc., for its first quarter reported net sales decrease of 86.6 million dollars or 11.7 percent to 654.5 million dollars, reflecting store closures in North America and lower wholesale customer demand as a result of the Covid-19 pandemic. The company posted an operating loss of 78.5 million dollars compared to operating income of 60.8...

Member

Report

Cater’s announces acquisition of Skip Hop

Carter’s has announced that it has acquired Skip Hop Holdings, a global lifestyle brand for families with young children, from Fireman Capital Partners. Carter’s said, acquisition of Skip Hop is expected to be accretive to the company’s fiscal 2017 adjusted earnings per share. “Skip Hop has built a strong reputation for innovative, essential...