Carter’s (NYSE:CRI – Get Free Report) will likely be releasing its Q2 2026 results before the market opens on Friday, July 24th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $605.6660 million for the quarter. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. Individuals may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 31, 2026 at 8:30 AM ET.
Carter’s (NYSE:CRI – Get Free Report) last issued its earnings results on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business had revenue of $681.11 million during the quarter, compared to analysts’ expectations of $660.59 million. During the same quarter in the prior year, the business posted $0.66 EPS. The company’s revenue for the quarter was up 8.1% on a year-over-year basis. On average, analysts expect Carter’s to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Carter’s Stock Performance
NYSE CRI opened at $38.69 on Wednesday. The company has a fifty day moving average of $39.37 and a two-hundred day moving average of $37.40. The company has a market capitalization of $1.43 billion, a PE ratio of 15.60 and a beta of 0.86. Carter’s has a 1 year low of $23.38 and a 1 year high of $44.44. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.80 and a quick ratio of 1.72.
Carter’s Dividend Announcement
Institutional Investors Weigh In On Carter’s
A number of hedge funds and other institutional investors have recently modified their holdings of CRI. AQR Capital Management LLC raised its holdings in Carter’s by 113.7% during the second quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock worth $77,267,000 after purchasing an additional 1,364,698 shares during the last quarter. Rubric Capital Management LP purchased a new position in Carter’s in the 4th quarter valued at about $14,918,000. Quantinno Capital Management LP boosted its position in Carter’s by 1,679.7% during the second quarter. Quantinno Capital Management LP now owns 370,791 shares of the textile maker’s stock worth $11,172,000 after acquiring an additional 349,957 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Carter’s by 104.3% during the third quarter. Millennium Management LLC now owns 661,920 shares of the textile maker’s stock worth $18,679,000 after purchasing an additional 337,880 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Carter’s by 278.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 421,738 shares of the textile maker’s stock worth $11,901,000 after buying an additional 310,421 shares during the last quarter.
Analyst Upgrades and Downgrades
Several brokerages have weighed in on CRI. Citigroup reiterated a “buy” rating on shares of Carter’s in a research note on Tuesday. The Goldman Sachs Group raised shares of Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 target price on the stock in a report on Thursday, April 9th. Weiss Ratings cut shares of Carter’s from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Zacks Research cut shares of Carter’s from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, Wall Street Zen upgraded shares of Carter’s from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Carter’s has a consensus rating of “Hold” and an average target price of $41.17.
Get Our Latest Report on Carter’s
Carter’s Company Profile
Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.
The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.
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