Carter's Expects Q3 Net Sales Of $770M-$790M (Consensus $789.07M), Adj EPS $1.45-$1.55 (Consensus $1.75)
Portfolio Pulse from Benzinga Newsdesk
Carter's, Inc. (CRI) has projected its Q3 net sales to be between $770M and $790M, which is slightly below the consensus estimate of $789.07M. The company also expects its adjusted EPS to be between $1.45 and $1.55, lower than the consensus estimate of $1.75.
July 28, 2023 | 10:16 am
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Carter's, Inc. (CRI) has projected its Q3 net sales and adjusted EPS to be slightly below consensus estimates. This could potentially lead to a negative impact on the company's stock price in the short term.
Carter's, Inc. (CRI) has projected its Q3 net sales and adjusted EPS to be slightly below consensus estimates. This indicates that the company's performance may not meet market expectations, which could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100