secwatch.observer — SEC 8-K summary
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Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2023-07-28T23:59:59+00:00
Accession:  0001060822-23-000129
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's Q2 net sales $600M, diluted EPS $0.64; FY outlook $2.95-3.00B
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- Net sales $600M, diluted EPS $0.64 (GAAP and adjusted); Q2 results met sales and earnings objectives.
- Returned $58M to shareholders in Q2 via share repurchases and dividends; $97M returned in H1.
- Full year FY 2023 outlook: net sales $2.95-3.00B, adjusted operating income $325-340M, adjusted diluted EPS $5.95-6.15.
- Comparable retail sales in line with forecast; international sales lower due to cool weather in Canada, but trend improved.
- Plan to focus on margin preservation and cash flow; expect significant improvement in operating cash flow in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082223000129/0001060822-23-000129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082223000129/cri-20230728.htm
  HTML page:      https://secwatch.observer/filing/0001060822-23-000129

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