---
schema_version: "secwatch.filing_event.v1"
accession: "0001060822-24-000111"
form_type: "8-K"
ticker: "CRI"
cik: "0001060822"
company_name: "CARTERS INC"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:11:19.412128+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Carter's Q1 net sales down 5% to $661M; EPS $1.04 beats prior year

## Summary
- Q1 net sales $661M vs $696M YoY; diluted EPS $1.04 vs $0.95, up 9.5%.
- Returned $38M to shareholders via dividends and share repurchases in Q1.
- CEO cites higher wholesale demand and lean retailer inventories; cool weather weighed on U.S. Retail.
- FY2024 outlook: net sales $2.95-$3.0B; low to mid-single-digit adjusted EPS growth expected.
- International sales in line with plan; Mexico strength offset Canada weakness.

## SEC filing metadata
- accession: 0001060822-24-000111
- form_type: 8-K
- ticker: CRI
- cik: 0001060822
- company_name: CARTERS INC
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1060822/000106082224000111/0001060822-24-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1060822/000106082224000111/cri-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001060822-24-000111
- JSON: https://secwatch.observer/filing/0001060822-24-000111.json
- Plain text: https://secwatch.observer/filing/0001060822-24-000111.txt

## Key facts
- Earnings Releases
  CARTERS INC reported first quarter fiscal 2024 results: revenue $661 million, EPS $1.04. Guidance reaffirmed.
  - Period: first quarter fiscal 2024
  - Revenue: $661 million
  - EPS: $1.04
  - Guidance: reaffirmed
  - Result: reported results
  source text: as amended. --- EX-99.1 (EX-99.1) --- Contact: Sean McHugh Vice President & Treasurer (678) 791-7615 Carter ’ s, Inc. Reports First Quarter Fiscal 2024 Results • Net sales $661 million vs. $696 million in Q1 2023 • Diluted EPS $1.04 vs. $0.95 in Q1 2023; adjusted diluted EPS $0.98 in Q1 2023 • Returned $38 million to shareholders through dividends and share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1060822/000106082224000111/0001060822-24-000111-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.