Carter's Past Earnings Performance
Past criteria checks 4/6
Carter's's earnings have been declining at an average annual rate of -21%, while the Luxury industry saw earnings declining at 0.3% annually. Revenues have been declining at an average rate of 4.5% per year. Carter's's return on equity is 19%, and it has net margins of 6.4%.
Key information
-21.03%
Earnings growth rate
-16.42%
EPS growth rate
| Luxury Industry Growth | 12.25% |
| Revenue growth rate | -4.48% |
| Return on equity | 18.99% |
| Net Margin | 6.39% |
| Last Earnings Update | 04 Jul 2026 |
Recent past performance updates
Recent updates
Seeking Alpha • Sep 17
Carter's: Attractive As Tariff Headwind Inflects
Summary Carter’s (CRI) remains a buy after a recent sell-off, with shares trading at attractive 9x earnings and positive same-store sales momentum. A $132 million tariff refund and improved working capital have fortified CRI’s balance sheet, enabling debt reduction and securing its 3.3% dividend yield. New CEO Sharon Price John is positioned to drive growth, with Gen Z traction and easing tariff headwinds supporting a margin inflection in H2. Guidance appears conservative; I expect $3.30+ EPS and $90 million free cash flow (ex-tariff), offering ~10% upside to fair value. Read the full article on Seeking Alpha
Narrative Update • Jul 16
CRI: Community Partnerships And Family Initiatives Will Support Future Upside
Analysts have raised their fair value price target for Carter's stock from $34.00 to $53.00, citing updated assumptions for revenue growth, profit margins, and a higher future P/E multiple. What's in the News for Carter's Carter's announced a multi season partnership with the WNBA's Atlanta Dream for the 2026 and 2027 seasons, featuring in arena branding, family focused activations, and community events across key Atlanta retail locations.
Narrative Update • Jul 02
CRI: Earnings Surge And Guidance Will Drive Unsustainable Premium Valuation
Analysts have adjusted their price target for Carter's from $25.00 to $30.00, reflecting updated assumptions around the discount rate, revenue growth, profit margin, and future P/E expectations for the stock. What’s in the News for Carter's Carter's reported Q1 revenue growth of 8.1% year over year, exceeded analyst revenue expectations by 3.2%, and surpassed EPS estimates, with the stock price rising 28.3% after the release.
Narrative Update • Jun 18
CRI: Earnings Beat And New CEO Will Shape Steady Fair Value
Analysts have raised their price target for Carter's stock by $2.00 to $42.67, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News for Carter's Carter's reported first quarter revenue up 8.1% year over year, beating analyst expectations by 3.2%, and also exceeded EPS estimates, with the stock rising 28.3% after the release, according to recent earnings coverage.Analysis Article • Jun 16
Carter's (CRI) Stock Could Be 2.8% Overvalued After Strong Earnings and Guidance
Carter's (CRI) is back in focus after reporting quarterly results that included an 8.1% year-on-year revenue rise and earnings guidance above analyst expectations, renewing investor attention on the apparel retailer’s stock. See our latest analysis for Carter's. Carter's share price has gained 24.9% over the past month and 25.9% year to date, with a 36.7% total shareholder return over one year, while longer term five year total shareholder returns are still down 50.5%. This suggests momentum...Narrative Update • Jun 04
CRI: Tariffs, New CEO And Collaboration Will Shape Steady Fair Value
Analysts now place Carter's fair value at $40.67 per share, up about $1 from the prior $39.67 view. The change reflects updated assumptions around the discount rate, revenue growth, profit margin and future P/E.Analysis Article • May 14
Carter's' (NYSE:CRI) Conservative Accounting Might Explain Soft Earnings
Soft earnings didn't appear to concern Carter's, Inc.'s ( NYSE:CRI ) shareholders over the last week. We did some...Narrative Update • May 10
CRI: New Leadership, Tariff Pressures And Sports Collaboration Will Support Fair Value
Analysts have nudged their price target on Carter's stock slightly higher to approximately $40, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the drivers of this refined view. What's in the News Carter's appointed Sharon Price John as Chief Executive Officer, effective June 15, 2026.Narrative Update • Apr 24
CRI: New Sports Collaboration And Steady Outlook Will Support Fairly Valued Shares
Analysts have lifted their price target for Carter's by $2 to $39, pointing to slightly adjusted assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the key drivers of this change. What's in the News Carter’s and Umbro launched a limited-edition Carter’s x Umbro kids collection inspired by global soccer, featuring country-themed kits from Argentina, Brazil, Canada, England, France, Germany, Spain, and the United States, available from April 6 in Carter’s stores and online (Key Developments).Narrative Update • Apr 09
CRI: New Collaborations And Cautious Sales Outlook Will Support Fairly Valued Shares
Analysts have maintained their $37.00 price target for Carter's, noting only minor adjustments to inputs such as discount rate, revenue growth, profit margin, and future P/E assumptions that do not materially change their overall view on the stock. What's in the News Carter’s and Umbro announced a limited edition Carter’s x Umbro collection inspired by global soccer, featuring country themed kits for nations including Argentina, Brazil, Canada, England, France, Germany, Spain, and the United States.Narrative Update • Mar 26
CRI: Capsule Launch And Guidance Will Support Fairly Valued Shares Despite Risks
Analysts now set their price target for Carter's at $37.00. This level is aligned with prior estimates and reflects updated assumptions for the discount rate and future P/E, while keeping revenue growth and profit margin views unchanged.Narrative Update • Mar 11
CRI: Higher Risk Profile Will Temper Benefits Of New Capsule Collection And Guidance
Analysts have adjusted their price target on Carter's to $37.00 from $34.80, reflecting updated views on revenue growth, profit margins, and the P/E multiple they consider appropriate for the stock. What's in the News Carter's issued earnings guidance for the first quarter of fiscal 2026, projecting mid single digit growth in net sales and citing an expected US$630 million in net sales for the first quarter of fiscal 2025 as a reference point for that period (Company guidance).Narrative Update • Feb 25
CRI: Higher Risk Profile Will Limit Benefits Of New Capsule Collection
Analysts have increased their price target on Carter's by $1.40, reflecting updated views on fair value, discount rate assumptions, revenue growth and profit margin potential, as well as a slightly lower future P/E multiple. What's in the News Carter's and Once Upon a Farm launched a limited edition Carter's x Once Upon a Farm capsule collection featuring apparel and sleepwear designed around playful days and snack time moments (Key Developments).Narrative Update • Feb 10
CRI: Higher Risk And Governance Tightening Will Constrain Future Return Potential
Analysts have modestly revised their price view on Carter's, keeping fair value steady at $33.40 while fine tuning assumptions around the discount rate, revenue growth, profit margin and future P/E to reflect updated expectations for the business and its risk profile. What's in the News Carter's and Once Upon a Farm launched a limited edition Carter's x Once Upon a Farm capsule collection, combining Carter's PurelySoft apparel with prints inspired by Once Upon a Farm snacks in strawberry, banana and avocado designs, targeted at baby and toddler sizes up to 5T across 12 styles, priced around $18 to $20 and sold online and in Carter's stores nationwide (Key Developments).Narrative Update • Jan 24
CRI: Updated Outlook Will Balance Tighter Governance And Measured Return Expectations
Analysts have raised their price expectations for Carter's, with the fair value estimate moving from US$28.80 to US$33.40 as they update assumptions around revenue growth, profit margins, the discount rate and future P/E levels. What's in the News Carter's and Once Upon a Farm launched a limited edition Carter's x Once Upon a Farm capsule collection featuring baby and toddler apparel and sleepwear made with PurelySoft fabrics and prints inspired by the food brand's snacks.Narrative Update • Jan 10
CRI: Tighter By Laws And Softer Outlook Will Weigh On Returns
Analysts have slightly reduced their price target on Carter's, reflecting a modest adjustment in the discount rate and future P/E assumptions, while keeping the fair value per share broadly unchanged at about $28.80. What's in the News Carter’s amended its By-Laws on November 13, 2025, clarifying that special meetings held in lieu of annual meetings can only address business that would be appropriate for an annual meeting, tightening the scope of what can be brought to a vote (Key Developments).Narrative Update • Dec 25
CRI: Governance Tightening And Weaker Revenue Outlook Will Pressure Future Returns
Analysts have modestly lowered their price target on Carter's, trimming fair value by approximately $0.70 to about $28.80. They are factoring in weaker revenue growth expectations, which are partly offset by slightly improved profit margins and a marginally lower discount rate and future P/E multiple.Narrative Update • Dec 10
CRI: Tighter Shareholder Rules And Completed Buyback Will Shape Future Outlook
Analysts have modestly adjusted their price target on Carter's, reflecting slightly lower discount rate and valuation multiple assumptions that leave fair value effectively unchanged at about $29.50 per share. What's in the News Carter’s, Inc.Narrative Update • Nov 26
CRI: Shareholder Restrictions and Stable Outlook Will Shape Near-Term Direction
Narrative Update on Carter's Analyst Price Target Analysts have maintained their price target for Carter's at $29.50, citing only minor adjustments to key financial assumptions such as a slight increase in the discount rate and forward price-to-earnings ratio, with no significant impact on projected fair value. What's in the News On November 13, 2025, Carter’s, Inc.Narrative Update • Nov 12
CRI: Share Repurchase Momentum Will Slow With Headwinds Ahead
Narrative Update on Carter's Price Target Analysts have raised Carter's fair value estimate slightly from $28.80 to $29.50, citing modest adjustments in the discount rate and future price-to-earnings expectations. What's in the News No shares were repurchased during the most recent tranche of the company's buyback program.Narrative Update • Oct 29
Improved Margins And Modest Revenue Outlook Will Balance Market Headwinds
Analysts have raised their price target for Carter's from $24.60 to $28.80, as this reflects improved expectations around revenue growth and profit margins. What's in the News Carter's did not repurchase any additional shares from June 29, 2025 to September 27, 2025 as part of its ongoing buyback program.Analysis Article • Aug 02
Benign Growth For Carter's, Inc. (NYSE:CRI) Underpins Stock's 27% Plummet
To the annoyance of some shareholders, Carter's, Inc. ( NYSE:CRI ) shares are down a considerable 27% in the last...Analysis Article • Jul 03
Returns On Capital At Carter's (NYSE:CRI) Have Stalled
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Analysis Article • May 28
Carter's (NYSE:CRI) Is Reducing Its Dividend To $0.25
The board of Carter's, Inc. ( NYSE:CRI ) has announced it will be reducing its dividend by 69% from last year's payment...Analysis Article • May 13
Carter's (NYSE:CRI) Has A Pretty Healthy Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Apr 24
Insufficient Growth At Carter's, Inc. (NYSE:CRI) Hampers Share Price
With a price-to-earnings (or "P/E") ratio of 7.4x Carter's, Inc. ( NYSE:CRI ) may be sending very bullish signals at...Analysis Article • Mar 25
The Returns At Carter's (NYSE:CRI) Aren't Growing
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Mar 04
Carter's' (NYSE:CRI) Conservative Accounting Might Explain Soft Earnings
The most recent earnings report from Carter's, Inc. ( NYSE:CRI ) was disappointing for shareholders. While the headline...Analysis Article • Mar 02
Carter's' (NYSE:CRI) Dividend Will Be $0.80
The board of Carter's, Inc. ( NYSE:CRI ) has announced that it will pay a dividend of $0.80 per share on the 28th of...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Carter's makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 04 Jul 26 | 2,980 | 190 | 1,174 | 0 |
| 04 Apr 26 | 2,950 | 88 | 1,185 | 0 |
| 03 Jan 26 | 2,898 | 89 | 1,185 | 0 |
| 27 Sep 25 | 2,833 | 87 | 1,161 | 0 |
| 28 Jun 25 | 2,833 | 132 | 1,135 | 0 |
| 29 Mar 25 | 2,812 | 160 | 1,101 | 0 |
| 28 Dec 24 | 2,844 | 182 | 1,096 | 0 |
| 28 Sep 24 | 2,842 | 226 | 1,082 | 0 |
| 29 Jun 24 | 2,875 | 234 | 1,080 | 0 |
| 30 Mar 24 | 2,911 | 230 | 1,094 | 0 |
| 30 Dec 23 | 2,946 | 228 | 1,086 | 0 |
| 30 Sep 23 | 3,000 | 203 | 1,103 | 0 |
| 01 Jul 23 | 3,027 | 202 | 1,105 | 0 |
| 01 Apr 23 | 3,127 | 215 | 1,106 | 0 |
| 31 Dec 22 | 3,213 | 246 | 1,105 | 0 |
| 01 Oct 22 | 3,363 | 263 | 1,164 | 0 |
| 02 Jul 22 | 3,435 | 283 | 1,171 | 0 |
| 02 Apr 22 | 3,480 | 317 | 1,174 | 0 |
| 01 Jan 22 | 3,486 | 336 | 1,191 | 0 |
| 02 Oct 21 | 3,414 | 338 | 1,156 | 0 |
| 03 Jul 21 | 3,389 | 335 | 1,136 | 0 |
| 03 Apr 21 | 3,157 | 273 | 1,067 | 0 |
| 02 Jan 21 | 3,024 | 109 | 1,105 | 0 |
| 26 Sep 20 | 3,135 | 135 | 1,047 | 0 |
| 27 Jun 20 | 3,213 | 113 | 1,069 | 0 |
| 28 Mar 20 | 3,433 | 148 | 1,142 | 0 |
| 28 Dec 19 | 3,519 | 261 | 1,141 | 0 |
| 28 Sep 19 | 3,505 | 267 | 1,147 | 0 |
| 29 Jun 19 | 3,486 | 279 | 1,146 | 0 |
| 30 Mar 19 | 3,448 | 272 | 1,127 | 0 |
| 29 Dec 18 | 3,462 | 280 | 1,145 | 0 |
| 29 Sep 18 | 3,404 | 285 | 1,154 | 0 |
| 30 Jun 18 | 3,428 | 296 | 1,143 | 0 |
| 31 Mar 18 | 3,423 | 296 | 1,145 | 0 |
| 30 Dec 17 | 3,401 | 300 | 1,107 | 0 |
| 30 Sep 17 | 3,307 | 252 | 1,064 | 0 |
| 01 Jul 17 | 3,260 | 250 | 1,036 | 0 |
| 01 Apr 17 | 3,208 | 249 | 1,013 | 0 |
| 31 Dec 16 | 3,199 | 256 | 995 | 0 |
| 01 Oct 16 | 3,132 | 242 | 971 | 0 |
| 02 Jul 16 | 3,080 | 240 | 946 | 0 |
| 02 Apr 16 | 3,053 | 240 | 925 | 0 |
| 02 Jan 16 | 3,014 | 236 | 909 | 0 |
| 03 Oct 15 | 3,017 | 231 | 884 | 0 |
Quality Earnings: CRI has high quality earnings.
Growing Profit Margin: CRI's current net profit margins (6.4%) are higher than last year (4.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRI's earnings have declined by 21% per year over the past 5 years.
Accelerating Growth: CRI's earnings growth over the past year (47%) exceeds its 5-year average (-21% per year).
Earnings vs Industry: CRI earnings growth over the past year (47%) exceeded the Luxury industry 29.8%.
Return on Equity
High ROE: CRI's Return on Equity (19%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 21:47 |
| End of Day Share Price | 2026/09/21 00:00 |
| Earnings | 2026/07/04 |
| Annual Earnings | 2026/01/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Carter's, Inc. is covered by 25 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Paul Kearney | Barclays |
| Brian McNamara | Berenberg |
| Lorraine Corrine Hutchinson | BofA Global Research |