NYSE:CRI - New York Stock Exchange, Inc. - US1462291097 - Common Stock - Currency: USD
CARTER'S INC (NYSE:CRI) offers an 8.82% dividend yield, strong profitability, and solid financial health, making it a potential pick for income-focused investors.
As the regular session of the US market on Tuesday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Shares of children’s apparel manufacturer Carter’s (NYSE:CRI) fell 9.8% in the afternoon session after the company slashed its quarterly dividend to $0.25 from $0.80 in the previous quarter. Management acknowledged that the prior dividend level was unsustainable given current profitability. While painful for investors, the cut was intended to preserve cash and maintain financial flexibility in response to growing macroeconomic uncertainty and the risk of rising costs from potential tariffs.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns. Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
CRI's Q1 results show a mixed performance, beating estimates but declining year over year amid macro pressures, leadership transition and tariff uncertainties.
Retail investors are waiting for the new chief executive's moves following his appointment earlier this month to revive the struggling business.
CRI's first-quarter results are likely to reflect the ongoing effects of a tough macroeconomic backdrop, rising inflation and increased promotional activity.
Palm Valley Capital Management, an investment management firm, released the “Palm Valley Capital Fund” first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, Palm Valley Capital Fund appreciated 0.57% compared to an 8.93% decline in the S&P SmallCap 600 and a 6.08% drop in the Morningstar […]
Apparel companies brace for a year of profit-busting tariffs.
Carter's (CRI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.