secwatch.observer — SEC 8-K summary
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Issuer:     CARTERS INC (CRI)
CIK:        0001060822
Form:       8-K
Filed at:   2025-10-27T23:59:59+00:00
Accession:  0001060822-25-000157
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carter's Q3 EPS $0.32 vs $1.62 last year; announces restructuring plan with $10-11M charges
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1060822/000106082225000157/0001060822-25-000157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1060822/000106082225000157/cri-20251027.htm
  HTML page:      https://secwatch.observer/filing/0001060822-25-000157

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