secwatch.observer — SEC 8-K summary
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Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001060822-25-000098
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's Q1 net sales $630M (-4.7% YoY); EPS $0.43 vs $1.04; suspends guidance due to CEO transition, tariffs
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- Diluted EPS $0.43 vs $1.04 in Q1 2024; adjusted EPS $0.66 vs $1.04.
- Net sales $630M, down 4.7% YoY from $661M; U.S. Retail met plans, Wholesale beat.
- New CEO Douglas C. Palladini starts; forward guidance suspended due to tariff uncertainty.
- Returned $29M to shareholders in dividends; international retail strong (Canada, Mexico).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082225000098/0001060822-25-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082225000098/cri-20250425.htm
  HTML page:      https://secwatch.observer/filing/0001060822-25-000098

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