Carter's Raises FY24 Adjusted EPS Outlook To $4.70 to $5.15 Vs. $5.04 Estimate (Previous Guidance: $4.60-$5.05); Reaffirms Net Sales View Of $2.785B-$2.825B Vs. $2.807B Estimate
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Carter's has raised its FY24 adjusted EPS outlook to $4.70-$5.15, up from the previous guidance of $4.60-$5.05, and reaffirms its net sales view of $2.785B-$2.825B.
October 25, 2024 | 10:17 am
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Carter's has increased its FY24 adjusted EPS guidance, indicating improved profitability expectations. The reaffirmation of net sales suggests stable revenue projections.
The increase in EPS guidance suggests that Carter's expects better profitability, which is a positive signal for investors. The reaffirmation of net sales indicates stability in revenue expectations, supporting the positive outlook.
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