Carter's falls after quarterly sales miss, higher tariff costs
ReutersOct 27, 2025 11:59 AM
Shares of children's apparel retailer Carter's CRI.N down about 7% at $30 premarket
Reports quarterly sales decline, citing weak wholesale apparel demand due to elevated product costs resulting from tariffs
Posts Q3 revenue of $757.8 million, missing estimate of $769.8 million -- LSEG data
Quarterly adjusted EPS in line with analyst estimates of 74 cents
Warns of pre-tax earnings impact of tariffs between $200 million and $250 million on an annualized basis
Expects Vietnam, Cambodia, Bangladesh, and India will represent about 75%, and China less than 3%, of its product sourcing spend in fiscal year 2025
Stock down 40% so far YTD
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Fed’s October Rate Cut: "Equity-Gold Allocation" as the Optimal Strategy – Stock ETFs or Individual Stocks? Gold ETFs or Gold Stocks?
TradingKey - Overbought technical conditions triggered profit-taking, driving the sharp declines in U.S. stocks on 10 October and gold on 21 and 27 October.TradingKey
3 hours ago
What Is Shiba Inu? Can Shiba Reach $1? SHIB Price Analysis and Forecast
Shiba Inu represents a novel asset class: born as a pure meme coin but evolving into an ecosystem with practical applications. SHIB’s future success depends on continued ecosystem development and effective deflationary mechanisms. Institutions generally see medium- to long-term growth potential, espTradingKey
8 hours ago
Fed October Meeting Preview: Rate Cuts to Break 4% and an Earlier End to QT
TradingKey - At the Federal Reserve meeting ending Wednesday, October 29, policymakers are widely expected to follow through on the rate-cutting path outlined in the September Summary of Economic Projections — delivering a 25-basis-point rate cut, the second of 2025. Simultaneously, with bankTradingKey
22 hours ago
