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Carter's, a key player in the children's apparel market, is set to release its earnings on July 25, with investors keenly watching for signs of resilience amid a challenging retail environment. The company, with a market cap of approximately $1.16 billion, is anticipated to report an EPS of $0.34 on revenue of $563.37 million. However, the whisper number suggests a more optimistic EPS of $0.42, indicating that some investors expect Carter's to outperform the consensus estimate. This optimism may be fueled by the company's strategic focus on expanding its e-commerce platform and enhancing its direct-to-consumer channels, which could potentially offset any headwinds from brick-and-mortar sales. As Carter's navigates these strategic shifts, the upcoming earnings report will be crucial in assessing the effectiveness of its initiatives and its ability to capture market share in a competitive landscape.
Carter's, Inc. designs, supplies, and markets branded children's clothing under the brands Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Carter's little baby basics, and other brands in the United States and internationally. The company is headquartered in Atlanta, Georgia.
Website: https://www.carters.com
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