CRI Q3 Deep Dive: Tariff Pressures and Strategic Transformation Shape Carter's Outlook
Update: 2025-10-28
Description
Carter's, a popular children's clothing company, reported flat sales of $757.8 million in Q3 2025, slightly below Wall Street's expectations. However, earnings per share matched predictions at $0.74. Despite a drop in operating margin, the company's earnings before interest, taxes, depreciation, and amortization beat expectations. U.S. Wholesale sales were weak due to declining demand for Simple Joys on Amazon, but U.S. Retail and International business remained strong. Carter's plans to navigate current challenges by mitigating tariffs, closing stores, reducing office roles, and focusing on core brands to save costs and invest in products and brand story. The company expects future revenue growth from pricing and is betting on focused operations and fresh marketing to maintain brand strength in a tough retail climate.
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