Last10K.com

Carters Inc (CRI) SEC Filing 10-Q Quarterly report for the period ending Saturday, March 30, 2019

Carters Inc

CIK: 1060822 Ticker: CRI


EXHIBIT 99.1
                                                
carters_logoa01a01a01a01a15.jpg
 
Contact:
 
Sean McHugh
 
Vice President & Treasurer
 
(678) 791-7615

Carters, Inc. Reports First Quarter Fiscal 2019 Results

Net sales $741 million
Diluted EPS $0.75; adjusted diluted EPS $0.87
Returned $63 million to shareholders through share repurchases and dividends
Company reaffirms full year fiscal 2019 outlook: net sales growth of 1% to 2%; adjusted diluted EPS growth of 4% to 6%
ATLANTA, April 30, 2019 - Carter’s, Inc. (NYSE:CRI), the largest branded marketer in North America of apparel exclusively for babies and young children, today reported its first quarter fiscal 2019 results.
“We exceeded our sales and earnings objectives in the first quarter,” said Michael D. Casey, Chairman and Chief Executive Officer. “As expected, demand for our brands improved meaningfully in the weeks leading up to Easter, which occurred three weeks later than last year. Given the current trends in our business and favorable response to our product offerings and marketing strategies, we are expecting good growth in sales and earnings this year and are reaffirming our growth objectives for 2019.”
Consolidated Results
First Quarter of Fiscal 2019 compared to First Quarter of Fiscal 2018
Net sales decreased $14.7 million, or 1.9%, to $741.1 million, principally driven by declines in the Company’s U.S. Retail and U.S. Wholesale segments. Changes in foreign currency exchange rates in the first quarter of fiscal 2019 compared to the first quarter of fiscal 2018 adversely affected consolidated net sales in the first quarter of fiscal 2019 by $3.0 million, or 0.4%. On a constant currency basis (a non-GAAP measure), consolidated net sales decreased 1.5% in the first quarter of fiscal 2019.
Operating income in the first quarter of fiscal 2019 increased $0.5 million, or 0.7%, to $60.8 million, compared to $60.3 million in the first quarter of fiscal 2018. Fiscal 2018 results include $12.8 million in

1

The following information was filed by Carters Inc (CRI) on Tuesday, April 30, 2019 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter 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-Q Quarterly 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 2019 10-K Annual Report includes:

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

Continue

Tools

Rating

Learn More
Bullish Bearish Neutral
Filter by Sentiment:
All
Positive
Negative
Filter by Category:
All
Financial
Revenue
Other
Filter by Subcategory:
All
Expense
Cash Flow
Geography
Product
Earnings
Income
Other
Inside Carters Inc's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Parenthetical)
Condensed Consolidated Statements Of Cash Flows
Condensed Consolidated Statements Of Changes In Stockholders' Equity
Condensed Consolidated Statements Of Comprehensive Income
Condensed Consolidated Statements Of Operations
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss (Details)
Accumulated Other Comprehensive Loss (Tables)
Basis Of Presentation
Basis Of Presentation (Policies)
Commitments And Contingencies
Common Stock
Common Stock (Share Repurchases) (Details)
Common Stock (Tables)
Earnings Per Share
Earnings Per Share (Details)
Earnings Per Share (Tables)
Fair Value Measurements
Fair Value Measurements Fair Value Measurements (Borrowings) (Details)
Fair Value Measurements Fair Value Measurements (Hierarchy) (Details)
Fair Value Measurements Fair Value Measurements (Investments) (Details)
Goodwill And Intangible Assets
Goodwill And Intangible Assets (Details)
Goodwill And Intangible Assets (Tables)
Income Taxes
Income Taxes (Details)
Leases
Leases (Tables)
Leases Additional Information (Details)
Leases Lease Commitments (Details)
Leases Lease Cost (Details)
Leases Lease Maturity (Details)
Long-Term Debt
Long-Term Debt (Details)
Long-Term Debt (Schedule Of Long Term Debt) (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)
Pending Adoption Of Recent Accounting Pronouncements
Revenue Recognition (Details)
Revenue Recognition (Notes)
Revenue Recognition (Tables)
Revenue Recognition Contract Liabilities (Details)
Segment Information
Segment Information (Details)
Segment Information (Tables)
Stock-Based Compensation
Stock-Based Compensation (Details)
Stock-Based Compensation (Tables)
The Company
The Company (Details)

Material Contracts, Statements, Certifications & more

Carters Inc provided additional information to their SEC Filing as exhibits

Ticker: CRI
CIK: 1060822
Form Type: 10-Q Quarterly Report
Accession Number: 0001060822-19-000008
Submitted to the SEC: Tue Apr 30 2019 12:59:40 PM EST
Accepted by the SEC: Tue Apr 30 2019
Period: Saturday, March 30, 2019
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/0001060822-19-000008.htm