Last10K.com

Carters Inc (CRI) SEC Filing 10-K Annual report for the fiscal year ending Saturday, January 2, 2016

Carters Inc

CIK: 1060822 Ticker: CRI


Exhibit 99.1


 
 
 
Contact:
 
Sean McHugh
 
Vice President & Treasurer
 
(678) 791-7615

Carters, Inc. Reports Fourth Quarter and Fiscal 2015 Results and
Announces Expanded Return of Capital Initiatives
Fourth quarter fiscal 2015
Net sales $867 million
Diluted EPS $1.39; adjusted diluted EPS $1.40, growth of 6%
Record fiscal 2015 performance
Net sales $3.0 billion, growth of 4%
Diluted EPS $4.50; adjusted diluted EPS $4.61, growth of 17%
Board of Directors authorizes new $500 million share repurchase program and 50% increase to quarterly dividend

ATLANTA, February 25, 2016 -- Carter’s, Inc. (NYSE:CRI), the largest branded marketer in the United States and Canada of apparel exclusively for babies and young children, today reported its
fourth quarter and fiscal 2015 results.
“We exceeded our sales and earnings objectives in the fourth quarter,” said Michael D. Casey, Chairman and Chief Executive Officer. “Our focus on providing the best value and experience in young children’s apparel enabled us to achieve our 27th consecutive year of sales growth, gain market share, and deliver a record level of sales and profitability in 2015.  We are planning good growth in sales and earnings in 2016 and plan to grow our business to over $4 billion in sales by 2020 by extending the reach of our iconic brands through our global and multi-channel distribution capabilities.”
“Over the past three years, we have returned over $760 million to our shareholders through dividends and share repurchases. The expanded capital return initiatives announced today reflect the strength of our business model and our continued commitment to return capital to our shareholders,” Casey said.
Note on Net Sales and Comparable Sales (52 vs. 53 Week Calendars)
The Company’s fiscal 2015 results included 52 weeks compared to 53 weeks in fiscal 2014 (a 13 week fourth quarter in 2015 versus a 14 week fourth quarter in 2014). This change in the number of weeks from fiscal 2014 to fiscal 2015 affects the comparability of results for the fourth quarter and fiscal year 2015 compared to the same periods in fiscal 2014. The additional week in fiscal 2014 contributed approximately $44.1 million in consolidated net sales, which the Company estimates contributed

1

The following information was filed by Carters Inc (CRI) on Thursday, February 25, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Carters Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Carters Inc.

Continue

Assess how Carters Inc's management team is paid from their Annual Proxy

Definitive Proxy Statement (Form DEF 14A)
Screenshot example of actual Proxy Statement

Carters Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2016 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

Continue

SEC Filing Tools

Rating

Learn More
Bullish Bearish Neutral
Filter Sentiment:
All
Positive
Negative
Filter Category:
All
M & A
Financial
Revenue
Other
Filter Subcategory:
All
Expense
Shares
Dividend
Earnings
Debt
Geography
Product
Cash Flow
Income
Other
Inside Carters Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Changes In Stockholders' Equity
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (parenthetical)
Consolidated Statements Of Operations
Accumulated Other Comprehensive (loss) Income
Accumulated Other Comprehensive (loss) Income (details)
Accumulated Other Comprehensive (loss) Income (tables)
Acquisition Of Bonnie Togs
Acquisition Of Bonnie Togs (contingent Consideration) (details)
Acquisition Of Bonnie Togs (details)
Acquisition Of Bonnie Togs (tables)
Commitments And Contingencies
Common Stock
Common Stock (accelerated Share Repurchase Program) (details)
Common Stock (dividends) (details)
Common Stock (share Repurchases) (details)
Earnings Per Share
Earnings Per Share (details)
Earnings Per Share (tables)
Employee Benefit Plans
Employee Benefit Plans (assumptions) (details)
Employee Benefit Plans (benefit Obligation And Plan Assets) (details)
Employee Benefit Plans (defined Benefit Plans Narratives) (details)
Employee Benefit Plans (defined Contribution Plans) (details)
Employee Benefit Plans (expected Benefit Payments) (details)
Employee Benefit Plans (net Periodic (benefit) Cost) (details)
Employee Benefit Plans (plan Assets) (details)
Employee Benefit Plans (tables)
Facility Closure
Facility Closure (details)
Facility Closure (tables)
Fair Value Measurements
Fair Value Measurements (assets And Liabilities Measured On Recurring Basis) (details)
Fair Value Measurements (borrowings) (details)
Fair Value Measurements (tables)
Fair Value Measurements (unobservable Inputs) (details)
Fair Value Measurements Foreign Currency Contracts (details)
Goodwill And Other Intangible Assets
Goodwill And Other Intangible Assets (details)
Goodwill And Other Intangible Assets (tables)
Guarantor Condensed Consolidating Financial Statements
Guarantor Condensed Consolidating Financial Statements (balance Sheets) (details)
Guarantor Condensed Consolidating Financial Statements (cash Flows) (details)
Guarantor Condensed Consolidating Financial Statements (comprehensive Income) (details)
Guarantor Condensed Consolidating Financial Statements (income Statement) (details)
Guarantor Condensed Consolidating Financial Statements (tables)
Income Taxes
Income Taxes (deferred Taxes) (details)
Income Taxes (effective Rate Reconciliation) (details)
Income Taxes (income Before Income Taxes) (details)
Income Taxes (provision For Income Taxes) (details)
Income Taxes (tables)
Income Taxes (uncertain Tax Provisions) (details)
Lease Commitments
Lease Commitments (details)
Lease Commitments (tables)
Long-term Debt
Long-term Debt (schedule Of Long Term Debt) (details)
Long-term Debt (secured Revolving Credit Facility) (details)
Long-term Debt (senior Notes) (details)
Long-term Debt (tables)
Other Current And Long-term Liabilities
Other Current And Long-term Liabilities (other Current Liabilities) (details)
Other Current And Long-term Liabilities (other Long-term Liabilities) (details)
Other Current And Long-term Liabilities (tables)
Property, Plant, And Equipment
Property, Plant, And Equipment (details)
Property, Plant, And Equipment (tables)
Segment Information
Segment Information (long-lived Assets) (details)
Segment Information (net Inventory) (details)
Segment Information (reportable Segments) (details)
Segment Information (revenue) (details)
Segment Information (tables)
Segment Information Net Sales (details)
Stock-based Compensation
Stock-based Compensation (narrative) (details)
Stock-based Compensation (non-management Board Directors) (details)
Stock-based Compensation (restricted Stock Activity) (details)
Stock-based Compensation (stock Option Activity) (details)
Stock-based Compensation (stock-based Compensation By Award Type) (details)
Stock-based Compensation (tables)
Stock-based Compensation (weighted-average Assumptions) (details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (accounting For Shipping And Handling Fees And Costs) (details)
Summary Of Significant Accounting Policies (accounts Receivable) (details)
Summary Of Significant Accounting Policies (intangible Assets) (details)
Summary Of Significant Accounting Policies (policies)
Summary Of Significant Accounting Policies (property, Plant, And Equipment) (details)
Summary Of Significant Accounting Policies (revenue Recognition) (details)
Summary Of Significant Accounting Policies (supplemental Cash Flow Information) (details)
Summary Of Significant Accounting Policies (tables)
Summary Of Significant Accounting Policies Advertising Expense (notes)
The Company
The Company (details)
Unaudited Quarterly Financial Data
Unaudited Quarterly Financial Data (details)
Unaudited Quarterly Financial Data (tables)
Valuation And Qualifying Accounts
Valuation And Qualifying Accounts (details)
Valuation And Qualifying Accounts (tables)
Ticker: CRI
CIK: 1060822
Form Type: 10-K Annual Report
Accession Number: 0001060822-16-000038
Submitted to the SEC: Thu Feb 25 2016 7:17:35 PM EST
Accepted by the SEC: Fri Feb 26 2016
Period: Saturday, January 2, 2016
Industry: Apparel And Other Finishd Prods Of Fabrics And Similar Matl

External Resources:
Stock Quote
Social Media

Bookmark the Permalink:
https://last10k.com/sec-filings/cri/0001060822-16-000038.htm