secwatch.observer — SEC 8-K summary
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Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2022-07-29T23:59:59+00:00
Accession:  0001060822-22-000165
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's Q2 net sales $701M; adjusted EPS $1.30; full-year outlook lowered
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- Q2 net sales $701M; GAAP diluted EPS $0.93; adjusted diluted EPS $1.30.
- Returned $132M to shareholders via share repurchases and dividends in Q2.
- Full-year fiscal 2022 outlook: net sales ~$3.25-3.30B, adjusted diluted EPS ~$7.10-7.60.
- Sales slowed due to absence of stimulus, higher gas prices and inflation.
- Company reducing inventory commitments and discretionary spending to mitigate environment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082222000165/0001060822-22-000165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082222000165/cri-20220729.htm
  HTML page:      https://secwatch.observer/filing/0001060822-22-000165

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