secwatch.observer — SEC 8-K summary
======================================

Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001060822-22-000185
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's Q3 net sales $819M, diluted EPS $1.67; widens FY outlook range on inflation
--------------------------------------------------------------------------------

- Q3 net sales $819M, operating income $92M, diluted EPS $1.67.
- Full-year FY2022 outlook: net sales ~$3.145B to $3.185B; adj. diluted EPS ~$6.05 to $6.65.
- $331M returned to shareholders YTD via share repurchases and dividends.
- CEO cites historic inflation weighing on demand, especially for families with young children.
- Supply chain improving but on-time deliveries not yet at pre-pandemic levels due to East Coast port congestion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082222000185/0001060822-22-000185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082222000185/cri-20221028.htm
  HTML page:      https://secwatch.observer/filing/0001060822-22-000185

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