Executive

Carter's Q1 sales up 20.3 percent, earnings improve

18 days ago   |   By Fashion United

Carter's, Facebook
For the first quarter, Carter's, Inc. net sales increased 132.9 million dollars or 20.3 percent to 787.4 million dollars, reflecting strong growth in all business segments. The company's U.S. retail, U.S. wholesale and international segments grew 27 percent, 12 percent and 19 percent, respectively. Consolidated net sales in fiscal March increased 59 percent compared to the prior year period.
“Our first quarter sales and earnings meaningfully exceeded our expectations, with growth in each of our retail, wholesale, and international business segments,” said Michael D...
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