Carter's (CRI) Beats On Q3 Earnings & Sales, Ups 2019 View
Zacks Investment Research | Oct 23, 2019 10:28PM ET
Carter’s Inc. (NYSE:CRI) reported third-quarter 2019 results, wherein top and bottom lines surpassed the Zacks Consensus Estimate and improved year over year. Results gained from strong retail and wholesale businesses along with robust demand for its fall and holiday season merchandise.
Further, management updated view for 2019.
We note that shares of this company have gained 19.3% year to date, underperforming the industry ’s 27.9% growth.
Q3 Highlights
Carter’s third-quarter 2019 adjusted earnings of $1.87 per share grew 16% year over year. Moreover, the bottom line surpassed the Zacks Consensus Estimate of $1.69.
Carter's, Inc. Price, Consensus and EPS Surprise
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