Carter's, Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2022
April 29, 2022 at 06:15 am EDT
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Carter's, Inc. provided Earnings guidance for the second quarter and fiscal year 2022. For the second quarter, company expects Net sales of approximately $750 million to $775 million.
For the fiscal year 2022, company expects Net sales increase of approximately 2% to 3%, with growth in all segments.
Carter's, Inc. is a marketer of young childrenâs apparel in North America. Its segments include U.S. Retail, U.S. Wholesale, and International. The U.S. Retail segment includes sales of products in the United States through its retail stores and eCommerce websites. The U.S. Wholesale segment consists of sales in the United States of products to its wholesale partners. The International segment includes sales of products outside the United States, through its retail stores and eCommerce websites in Canada and Mexico, and sales to its international wholesale customers and licensees. It owns Carterâs and OshKosh Bâgosh brands. These brands are sold in department stores, national chains, and specialty retailers domestically and internationally. They are also sold through nearly 1,000 Company-operated stores in the United States, Canada, and Mexico and online at www.carters.com, www.oshkosh.com, www.cartersoshkosh.ca, and www.carters.com.mx. It also owns Little Planet and Skip Hop brands.
CARTER'S, INC. 
