Carter's Q1 2026 Earnings Report Shows Mixed Performance
Carter's (CRI) reported Q1 2026 earnings with net sales of $681 million, an 8% increase, driven by growth in all business segments. However, adjusted operating income declined by $7 million due to tariff impacts on the Wholesale segment, and adjusted EPS fell to $0.39 from $0.66. The U.S. Retail and International segments showed strong growth, but the overall gross margin dropped by over 300 basis points.
Tickers: $CRI
Topics: adjusted_EPS earnings gross_margin operating_income sales