Carter’s Forecasts Q4 Net Sales Between $860M and $880M Amid Brand Relaunch
Carter’s, Inc. (CRI) reported third-quarter results that exceeded management's previous outlook despite facing macroeconomic uncertainty and early-quarter softness. The company successfully reversed initial sluggishness by refocusing its strategic efforts to drive performance. Looking ahead to the fourth quarter, Carter’s has provided a net sales guidance range of $860 million to $880 million. This period will coincide with the rollout of a new brand relaunch and a restructured leadership framework intended to stabilize long-term growth.
Tickers: $CRI
Topics: earnings report macroeconomic environment management commentary