<< Read Full Article

Carter's Expects 2Q Profit To Drop On Slower Sales

Stock quotes in this article: CRI  

ATLANTA (AP) — Children's-clothes maker Carter's Inc. said Tuesday its profit in the second quarter will be hurt by sliding sales.

Carter's said it expects second-quarter adjusted profit to be down 7 cents to 10 cents per share compared with the second quarter last year. The company's adjusted profit in last year's second quarter was 13 cents per share.

Those numbers exclude charges related to special items, such as asset impairment charges and costs for closing facilities. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,285.97 1,091.93 2,172.99 33.92
Oil *
75.40
DOWN
104.14
DOWN
11.32
DOWN
16.62
DOWN
0.56
10 Yr
3.39%
SPDR Gold
110.95
-1.00%
-1.03%
-0.76%
-1.62%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services