OshKosh B'gosh news and archive

Carter’s projects persistent inflationary pressures to impact holiday sales

Carter’s, Inc. net sales decreased 72 million dollars or 8.1 percent to 818.6 million dollars, driven by declines in the company’s U.S. retail, international and U.S. wholesale sales of 12.3 percent, 6.7 percent and 1.9 percent, respectively. Commenting on the third quarter results, Michael D. Casey, chairman and CEO said: “Historic and...

Business

Carter’s Q2 sales and earnings decline

Carter’s, Inc. net sales decreased 45.7 million dollars or 6.1 percent to 700.7 million dollars, driven by declines in the company’s U.S. retail and U.S. wholesale sales, partially offset by growth in its international sales. The company’s U.S. retail and U.S. wholesale net sales declined by 11 percent and 3 percent, respectively. International...

Business

Carters appoints Hilary Duff to the newly created role of chief mom officer

Carter’s, Inc. has announced the appointment of award-winning actress, singer, best-selling author, and mom Hilary Duff as the first-ever chief mom officer for the Carter’s brand. As part of a long-term partnership, Duff will work directly with Carter’s as a parent consultant and creative director, designing two limited-time-only collections and...

BusinessFeatured

Carter’s Q1 sales decline 0.8 percent

Carter’s first quarter net sales decreased by 0.8 percent, or by 6.1 million dollars, to 781.3 million dollars, reflecting growth in the company’s US wholesale and international segments, offset by lower sales in its US retail segment. The company’s US wholesale and international net sales grew by 8 percent and 11 percent, respectively....

BusinessFeatured

Carter’s full year net sales and profit grow, reveals positive outlook

For the fourth quarter, Carter’s, Inc. consolidated net sales increased 72.2 million dollars or 7.3 percent to 1,062.1 million dollars. On a comparable week basis, net sales grew 10.9 percent. The company said in a release that additional week in the fourth quarter of fiscal 2020 contributed approximately 32.1 million dollars in consolidated net...

BusinessFeatured

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...

BusinessFeatured

Carter's posts strong sales and earnings growth in Q2

Carter’s, Inc. reported net sales increase of 231.5 million dollars or 45 percent to 746.4 million dollars, reflecting strong growth in all business segments. The company’s U.S. retail, U.S. wholesale and International segments grew 34 percent, 53 percent and 93 percent, respectively. The company said in a release that the second quarter results...

Business

Carter's Q3 sales drop but earnings up 4.8 percent

Carter’s, Inc. said in a statement that net sales for the third quarter decreased 78.2 million dollars or 8.3 percent to 865.1 million dollars reflecting decreased sales to certain wholesale customers, decreased traffic to company-operated stores, and decreased back-to-school sales due to ongoing disruptions related to the Covid-19 pandemic,...

FashionFeatured

Carter's posts decline in Q2 sales and profit

Carter’s, Inc. net sales for the second quarter decreased 219.5 million dollars or 29.9 percent to 514.9 million dollars. The decline, Carter’s said in a statement, was driven by the closure of the company’s retail stores in the second quarter, particularly during the months of April and May, and decreased sales to certain wholesale customers as...