Carter's, Inc. Common Stock (CRI) Stock Analysis — Latest Investor Quotes & Trade Calls

Carters Q3 Sales Miss with Q4 Turnaround Hints

"Yes, taking a look at ticker CRI. We're seeing shares of Carters up uh as much as 8% uh now pairing their gain a bit up about 2% and trading and this is after the company did report a net sales miss during the third quarter but the company is saying that this fourth quarter comparable sales are "quote unquote off to a good start." The company's also planning to reduce offices office space roles by about 15% by the end of this year and it did boost the amount of stores that it plans to close as well. We were just talking about this earlier on uh surveillance."

The speaker discusses ticker CRI, noting that despite a net sales miss in Q3, Carters' Q4 comparable sales are off to a good start. The company is also taking cost-saving measures like reducing office space roles and closing more stores.

Carter Faces Challenges Amid Tariff Fallout

"This is Carter, the baby apparel company. Now, while we don't normally mention this stock, it is struggling with the fallout from tariffs. Carter is down nearly 16% in pre-market trade. The company is dependent on imports from high tariff countries like Vietnam, Cambodia, Bangladesh. They have suspended their full year guidance and said it would reduce its workforce by 15%. The company also announced it would close 15% of stores in North America which is up from its previous target of closing 10% as it aims to save costs on the back of tariffs."

Carter is under pressure as it faces significant disruptions due to tariffs affecting its supply chain. The company's guidance has been suspended, and it is planning cost-cutting measures including a 15% reduction in workforce and store closures.