CRI Earnings Prediction
The chart below shows how CRI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CRI sees a +3.42% change in stock price 10 days leading up to the earnings, and a +0.10% change 10 days following the report. On the earnings day itself, the stock moves by -2.60%. This data can give you a slight idea of what to expect for the next quarter's release.
CRI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
758.46M
-4.19%
34.38%
Gross Margin
46.94%
-1.28%
-6.36%
Operating Margin
10.16%
-16.52%
45.35%
Net Margin
7.69%
-7.90%
56.94%
EPS
1.62
-8.99%
113.16%
No Data Available
CRI Earnings Analysis
Carter's Inc. Corporation (CRI.N) Earnings Conference Call
Positive
Q3 Performance Exceeds Expectations: Our third quarter results were better than forecasted.
Sales and Earnings Beat Guidance: Our sales and earnings exceeded the high end of the guidance we shared with you in July.
Consumer Response to Strategies: We believe consumers responded favorably to the strength of our product offerings and our new pricing and marketing strategies launched in the third quarter.
U.S. Retail Sales Surge: The better than forecasted sales were driven by our U.S. retail segment.
Wholesale Sales Performance: Our U.S. wholesale sales in the third quarter were at the upper end of our forecast.
Negative
Net Sales Decline Analysis: Year-to-date net sales decreased 5% with roughly 70% of the decrease driven by lower traffic and sales in our U.S. retail business.
Operating Income Decline: Year-to-date operating income declined 11% on the lower sales.
Quarterly Net Sales Decline: Net sales were $758 million in the quarter, down 4% versus last year.
Sales Performance Overview: We had lower sales in our U.S. retail and international segments, while sales in our U.S. wholesale business were essentially comparable to last year.
Operating Income Decline: Operating income declined $19 million, largely due to lower sales year-over-year and the pricing and marketing investments in our U.S. retail business.
CRI FAQs
How does CRI typically perform around its earnings report dates?
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CRI Earning Call Sentiment
Carter's, Inc. (CRI) Q3 2024 Earnings Call Transcript
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CRI.N
0.35%Positive
The earnings call indicates mixed signals: a decline in net sales and operating income, but strong liquidity and planned growth in U.S. wholesale. The Q&A reveals concerns about pricing strategies and promotional intensity, but also highlights effective inventory management and supply chain diversification. The market cap suggests moderate sensitivity to these factors. Overall, the balanced positives and negatives, alongside cautious guidance, suggest a neutral stock price movement.
