CARTERS INC (CRI): restructuring charge — Carter's Q3 EPS $0.32 vs $1.62 last year; announces restructuring plan with $10-11M charges

CARTERS INC

2025-Q3 EPS reported $0.75 revenue$1,972,975,000

Net sales $758M, comparable to prior year; diluted EPS $0.32 vs $1.62 in Q3 2024; adjusted diluted EPS $0.74 vs $1.64.
Restructuring plan approved Sept 16, 2025: expects $10.1-$11.1M in charges ($6.1M in Q3 2025, $4-5M in Q4 2025), mostly severance.
Actions include closing low-margin retail stores, right-sizing organization, honing product choices to improve cost structure.
CEO and Board plan to reduce 2026 compensation; returned $47M to shareholders via dividends in first nine months of 2025.
Full-year guidance not explicitly revised; management cites higher tariffs and product costs weighing on profitability.

item 2.02 item 2.05 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

CARTERS INC announced a restructuring with charges of approximately $10.1 million to $11.1 million in charges, of which $6.1 million in charges were recorded in the third quarter of fiscal 2025, and approximately $.

Type: restructuring
Charge: approximately $10.1 million to $11.1 million in charges, of which $6.1 million in charges were recorded in the third quarter of fiscal 2025, and approximately $

Exact text from the filing

On September 16, 2025, the Board of Directors of Carter’s, Inc. (the “ Company ”) approved an organizational restructuring plan (the “ Plan ”) to right-size the Company's cost structure and improve future profitability.

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Source: SEC EDGAR

accession 0001060822-25-000157

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