Market News AIOpen the app

Carter's shared its earnings for the third quarter of 2026, showing $752 million in sales.

ResultsRead the original at Benzinga
Neutral

Carter’s third-quarter sales were nearly flat, while adjusted operating income rose 45%; it also cut its fourth-quarter sales outlook. The stronger profit and weaker sales forecast point in different directions, leaving the company’s outlook unchanged by this report.

CRI · Carter's

AI read · Neutral

The AI's read

The profit gain came with almost unchanged sales, so it came mainly from better margins rather than a sales surge. The lower Q4 sales forecast signals that shopper pressure may continue. The company still expects full-year results to top last year. The stronger profit and weaker sales expectations point in different directions, so this report does not clearly change how we read Carter’s.

Get alerts for CRI

Follow Carter's (CRI) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for CRI
Free on the App Store and Google Play, or on the web.