CRI on NYSE

Carter's

Logo: Carter's, Inc., Public domain, via Wikimedia Commons4

American retail company

Carter's, Inc. is a major American designer and marketer of children's apparel.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 16, 2026.

Overview

$2.9BRevenue, fiscal 20265
$91.8MNet income, fiscal 20265
1865Founded1

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  • TickerCRI on NYSE1
  • IndustryApparel & Other Finishd Prods of Fabrics & Similar Matl1
  • HeadquartersAtlanta1
  • Websitewww.carters.com
  • Legal formDelaware corporation1
  • Incorporated inDE6
  • Business addressPhipps Tower, 3438 Peachtree Road Ne Suite 1800, Atlanta, Ga 303266
  • Filer categoryLarge accelerated filer6

Carter's, Inc. is a major American designer and marketer of children's apparel. It was founded in 1865 by William Carter.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

45.4%Gross margin5
5.0%Operating margin5
3.2%Net margin5
9.9%Return on equity5
0.61×Debt to equity5
$68.6MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Baby brought in 43% of the revenue Carter's broke down this way in fiscal 2025.

  1. Baby$1.3B543%up 11% from 2024
  2. Playclothes$914.7M532%down 4% from 2024
  3. Other Products$371.5M513%down 3% from 2024
  4. Sleepwear$351.6M512%down 6% from 2024
Products and services by year
Products and services202320242025
Baby$1.1B$1.1B$1.3B
Playclothes$992.7M$948.6M$914.7M
Other Products$442.9M$383.0M$371.5M
Sleepwear$411.7M$373.4M$351.6M

Business segments

Retail brought in 44% of the revenue Carter's broke down this way in fiscal 2025.

  1. Retail$1.5B544%up 3% from 2024
  2. Wholesale$1.0B530%down 2% from 2024
  3. International$431.0M513%up 6% from 2024
  4. International$431.0M513%up 6% from 2024
Business segments by year
Business segments202320242025
Retail$1.5B$1.4B$1.5B
Wholesale$1.0B$1.0B$1.0B
International$429.2M$405.6M$431.0M
International$429.2M$405.6M$431.0M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Selling, general and admin41¢$1.2B
  • Other costs54¢$1.6B
  • Interest1¢$34.2M
  • Income tax1¢$22.0M
  • Profit3¢$91.8M

Out of $2.9B in revenue.5

Where each dollar of operating cash went, fiscal 2026

  • Capital spending44¢$53.7M
  • Dividends paid46¢$56.4M
  • Kept or used elsewhere10¢$12.3M

Out of $122.3M of cash from operations.5

Financial statements

Revenue89105$2.9B in 2026−18% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $3.5B$3.5B20192021: $3.0B$3.0B2021−14%2022: $3.2B$3.2B2022+6%2023: $2.9B$2.9B2023−8%2024: $2.8B$2.8B2024−3%2026: $2.9B$2.9B2026+2%
Gross profit89105$1.3B in 2026−13% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.5B$1.5B20192021: $1.3B$1.3B2021−13%2022: $1.5B$1.5B2022+12%2023: $1.4B$1.4B2023−5%2024: $1.4B$1.4B2024−2%2026: $1.3B$1.3B2026−4%
Operating income89105$143.9M in 2026−61% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $371.9M$371.9M20192021: $189.9M$189.9M2021−49%2022: $379.2M$379.2M2022+100%2023: $323.4M$323.4M2023−15%2024: $254.7M$254.7M2024−21%2026: $143.9M$143.9M2026−43%
Net income89105$91.8M in 2026−65% since 2019
0$100.0M$200.0M$300.0M2019: $263.8M$263.8M20192021: $109.7M$109.7M2021−58%2022: $250.0M$250.0M2022+128%2023: $232.5M$232.5M2023−7%2024: $185.5M$185.5M2024−20%2026: $91.8M$91.8M2026−51%

Every line of the income statement in the latest annual report, as filed.5

Period ending2025-12-312024-12-312023-12-31
Net sales$2.9B$2.8B$2.9B
Cost of goods sold$1.6B$1.5B$1.5B
Gross profit$1.3B$1.4B$1.4B
Royalty income, net$18.1M$19.3M$21.4M
Selling, general, and administrative expenses$1.2B$1.1B$1.1B
Intangible asset impairment$0$30.0M$0
Operating income$143.9M$254.7M$323.4M
Interest expense$34.2M$31.3M$34.0M
Interest income-$13.5M-$11.0M-$4.8M
Other (income) expense, net-$1.1M$2.7M-$8.0M
Pension plan settlement$8.8M$949.0K$0
Loss on extinguishment of debt$1.7M$0$0
Income before income taxes$113.8M$230.8M$302.2M
Income tax provision$22.0M$45.3M$69.7M
Net income$91.8M$185.5M$232.5M
Basic net income per common share (in USD per share)$2.53$5.12$6.24
Diluted net income per common share (in USD per share)$2.53$5.12$6.24
Dividend declared and paid per common share (in USD per share)$1.55$3.20$3.00

Compare Carter's with another company

The story

William Carter was the founder of William Carter Company in 1865 in Needham, Massachusetts. William Carter (1830–1918) was born in Alfreton, Derbyshire, England. He arrived in America on January 28, 1857. He married Martha Lee (1842-1873). They had four children: William Henry Carter (1864–1955), who served two terms in the U.S. House of Representatives (1915-1919) prior to being elected president of the William Carter Company in 1918; Mary Elizabeth Carter (1865-1961); John J. Carter (1867-1939); and Horace A. Carter (1869-1959). By the early 1960s, the William Carter Company manufactured at seven mills in Massachusetts and the South.

The Carter family sold the business in 1990.

In the early 2000s, Carter's reached an agreement with Target Corporation to create the "Just One You" spin-off clothing line, to be sold exclusively in Target stores. Carter's later created exclusive lines for retailers Walmart and Amazon. All of the brands sell similar articles of clothing, such as bodysuits, pajamas, and dresses, but each has its own design team and pricing policies specific to the retailer.

Carter's acquired competitor OshKosh B'gosh for $312 million in 2005.

In 2012, Carter's, Inc. announced that Braselton, Georgia would receive their 1-million-square-foot, $50 million distribution center that will support their e-commerce, retail, and wholesale businesses. The company hoped to create 1,000 jobs at the facility by 2015.

In February 2017, Carter's, Inc. acquired Skip Hop Inc., an infant and child product company based in New York, for $140 million in cash and up to $10 million in future payments contingent on reaching certain financial goals in 2017. Fireman Capital Partners, a private equity firm, had previously acquired a majority equity stake in Skip Hop Inc. for $50 million in November 2013.

In addition to selling its apparel through third-party retailers, Carter's operated 1,060 branded stores and outlets as of 2019, with plans to open up to another 100 stores in "mid-tier" shopping malls in the following years. A market research firm found that "Ninety percent of millennial parents — and 80 percent of baby boomer grandparents — have shopped at Carter's in the past year."

In April 2025, Carter's named former Vans executive Douglas Palladini as CEO and president. In May 2026, it was announced that Palladini was no longer with the company and Sharon Price John was named as new CEO and president, beginning June 16th. Prior to Carter's, John served as CEO and President of Build-A-Bear Workshop for 13 years.

From Wikipedia’s article on Carter's, shared under CC BY-SA 4.0.7

Products and brands

  • children's clothing

Listed on Wikidata.1

Carter's, Inc. markets clothing and other children's products under several brand names. Other than its namesake Carter's brand, OshKosh B'gosh, Skip Hop, Little Planet, and Otter Avenue these labels are exclusive to specific retailers and include, as of 2018:

Exclusive to Target Corporation stores:

Just One You

Precious Firsts

Read the full text

Genuine Kids

Exclusive to Walmart:

Child of Mine

Exclusive to Amazon:

Simple Joys

The logo for each exclusive brand notes that it is "made by Carter's," with the exception of Genuine Kids, which carries the label "from OshKosh." Genuine Kids has been sold since 2003, before OshKosh was acquired by Carters, Inc.

From Wikipedia’s article on Carter's, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries

  • OshKosh B'Gosh

From Wikidata.1

Former names

  • CARTER HOLDINGS INCJun 10, 1998 to Oct 1, 20036

Timeline

  1. 1865Founded Founded1

Recent filings

  1. Sep 28, 20264
  2. Sep 22, 202625-NSE
  3. Sep 21, 20268-K
  4. Aug 20, 20268-K
  5. Aug 14, 2026SCHEDULE 13G/A
  6. Aug 13, 20264
  7. Aug 11, 20264
  8. Aug 11, 20264
  9. Aug 11, 20264
  10. Aug 6, 2026SCHEDULE 13G
  11. Jul 31, 20268-K
  12. Jul 31, 202610-Q
  13. Jul 14, 2026SCHEDULE 13G
  14. Jun 17, 20263
  15. Jun 17, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2