earnings
confidence high
sentiment positive
materiality 0.70
Carter's Q4 2023 EPS $2.90, revenue $858M; dividend raised 7% to $0.80
CARTERS INC
2023-FY EPS reported
$6.24
revenue$2,945,594,000
- Q4 net sales $858M vs $912M in Q4 2022; diluted EPS $2.90 (adj. $2.76) vs $2.11 in prior year.
- Operating margin improved to 15.9% (Q4 2022: 12.0%); adjusted operating margin 15.9% vs 13.0%.
- Full-year 2023 net sales $2.9B vs $3.2B in 2022; operating cash flow $529M; returned $212M to shareholders.
- Board declares 7% increase in quarterly dividend to $0.80 per share.
- FY2024 outlook: low single-digit net sales growth; mid single-digit growth in adjusted operating income and EPS.