Carter's Q3 net sales edge down slightlyto $752M
Key points
- Carter's (NYSE:CRI) reported third-quarter fiscal 2026 net sales of $752 million, down 0.7% from $758 million a year earlier.
- Adjusted operating income increased 45% to $57 million, while adjusted diluted EPS rose 39% to $1.03.
- The company updated its full-year 2026 outlook and announced changes to its leadership structure as it continues its business strategy.
Carter's (NYSE:CRI) reported third-quarter fiscal 2026 net sales of $752 million, down 0.7% from $758 million in the same quarter last year, while adjusted diluted earnings per share increased 39% to $1.03.
U.S. retail comparable sales increased 0.4%, while adjusted operating income rose to $57 million from $39 million, reflecting higher adjusted profitability despite slightly lower overall sales.
Operating income increased to $56 million from $29 million a year earlier, while reported diluted EPS rose to $1.00 from $0.32.
Carter's also returned $27 million to shareholders through dividends during the first three quarters of fiscal 2026.
Carter's designs, sources and markets clothing, accessories and related products for babies and young children, selling through retail stores, e-commerce platforms and wholesale distribution channels.
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