Carter's (NYSE:CRI) Updates Q2 2026 Earnings Guidance

Key Points

• Carter's updated Q2 2026 EPS guidance to $0.02–$0.06, well above the consensus estimate of −$0.09, while the company did not provide firm revenue guidance in the release.
• For the most recent quarter Carter's reported $0.39 EPS versus a $0.12 consensus and revenue of $681.1M, beating expectations and showing operational strength.
• The company pays a quarterly dividend of $0.25 (annualized $1.00, ~3.0% yield); analyst coverage is mixed with a consensus rating of "Hold" and a price target of $38.67.

Carter's (NYSE:CRI - Get Free Report) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.020-0.060 for the period, compared to the consensus earnings per share estimate of -0.090. The company issued revenue guidance of -.

Carter's Stock Up 0.5%

CRI stock opened at $33.33 on Wednesday. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 13.23, a price-to-earnings-growth ratio of 4.93 and a beta of 0.86. The company has a 50-day moving average of $36.14 and a two-hundred day moving average of $34.55. Carter's has a 52-week low of $23.38 and a 52-week high of $44.44. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.51 and a quick ratio of 1.44.

Carter's (NYSE:CRI - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.27. Carter's had a return on equity of 14.45% and a net margin of 3.17%.The business had revenue of $681.11 million during the quarter, compared to analysts' expectations of $660.59 million. Carter's has set its Q2 2026 guidance at 0.020-0.060 EPS. As a group, equities research analysts anticipate that Carter's will post 2.99 EPS for the current year.

Carter's Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, March 13th. Carter's's dividend payout ratio is currently 39.68%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on CRI. Monness Crespi & Hardt upgraded shares of Carter's from a "neutral" rating to a "buy" rating and set a $45.00 price objective on the stock in a research note on Monday, March 2nd. Weiss Ratings cut shares of Carter's from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Monday. Citigroup raised shares of Carter's from a "neutral" rating to a "buy" rating and increased their price target for the company from $34.00 to $50.00 in a report on Wednesday, January 21st. Zacks Research upgraded shares of Carter's from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 19th. Finally, Wells Fargo & Company boosted their price objective on shares of Carter's from $28.00 to $33.00 and gave the stock an "underweight" rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $38.67.

Institutional Trading of Carter's

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CRI. UMB Bank n.a. lifted its stake in Carter's by 445.8% during the fourth quarter. UMB Bank n.a. now owns 775 shares of the textile maker's stock worth $25,000 after purchasing an additional 633 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Carter's by 555.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker's stock valued at $31,000 after purchasing an additional 945 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of Carter's by 202.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker's stock worth $45,000 after buying an additional 995 shares in the last quarter. State of Wyoming raised its holdings in shares of Carter's by 1,380.6% in the 4th quarter. State of Wyoming now owns 2,132 shares of the textile maker's stock worth $69,000 after buying an additional 1,988 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd lifted its position in shares of Carter's by 612.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,659 shares of the textile maker's stock worth $86,000 after buying an additional 2,286 shares during the period.

Carter's Company Profile

Carter's, Inc NYSE: CRI is a leading designer and marketer of infant and young children's apparel in North America. Headquartered in Atlanta, Georgia, the company's core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter's flagship brand is complemented by its OshKosh B'gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.

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