secwatch.observer — SEC 8-K summary
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Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001060822-23-000101
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's Q1 net sales $696M, adj. EPS $0.98; reaffirms FY guidance $3.0B, $6.15 adj. EPS
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- Net sales of $696M, diluted EPS $0.95, adjusted diluted EPS $0.98; exceeded sales and earnings objectives.
- First-quarter sales and earnings lower YoY due to historic inflation weighing on families with young children.
- Returned $38M to shareholders through share repurchases and dividends.
- Reaffirms full-year FY2023 outlook: net sales ~$3.0B, adjusted operating income ~$350M, adjusted diluted EPS ~$6.15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082223000101/0001060822-23-000101-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082223000101/cri-20230428.htm
  HTML page:      https://secwatch.observer/filing/0001060822-23-000101

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