EPISODE · May 7, 2026 · 2 MIN
Carter's Q1 2026: Mixed Earnings, New CEO, Growth Ahead
from The Daily News Now! Business
Carters Q1 2026 earnings show mixed results: sales up 8% to $681M, beating expectations, but EPS down to $0.39 from $0.66 last year due to tariffs, interest, and spending. New CEO Sharon Price John brings industry experience to drive growth. U.S. retail sales surged 12.8% with comps up over 10%, while international sales grew 14% led by Canada and Mexico. Tariffs hit wholesale, but investments in marketing and collaborations are paying off. Gross margins dipped due to tariffs, and full-year guidance predicts low to mid-single digit sales and operating income growth, with EPS dropping low double to mid-teens. Q2 sales growth is expected to be low single-digit, with U.S. retail comps in mid-single digits. Tariffs remain a wildcard, and store expansions and better wholesale orders are on the horizon. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2071df899aff4d7c
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Carter's Q1 2026: Mixed Earnings, New CEO, Growth Ahead
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