Carter’s Q3 net sales increase, raises full year profit forecast

Carter’s, Inc. net sales increased 25.5 million dollars or 2.9 percent to 890.6 million dollars, driven by growth in the company’s international and U.S. retail business segments. International and U.S. retail segment sales grew 15 percent and 4 percent, respectively, while U.S. wholesale sales declined 3 percent. U.S. retail comparable sales increased 5.9 percent.