secwatch.observer — SEC 8-K summary
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Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2022-04-29T23:59:59+00:00
Accession:  0001060822-22-000123
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's Q1 net sales $781M, EPS $1.66 beat expectations; reaffirms FY2022 outlook
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- Q1 net sales $781M and diluted EPS $1.66 exceeded company expectations.
- Returned $105M to shareholders via share repurchases and dividends.
- Reaffirms FY2022 guidance: net sales growth 2-3%, adjusted diluted EPS growth 12-14%.
- Inventory levels improved, supporting higher wholesale and international demand.
- Retail sales declined due to store closures, Easter timing, and lack of prior-year stimulus.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082222000123/0001060822-22-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082222000123/cri-20220429.htm
  HTML page:      https://secwatch.observer/filing/0001060822-22-000123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer