Carter's, Inc. Provides Revenue Guidance for Fiscal Year 2024 and First Quarter of Fiscal 2024
February 27, 2024 at 06:19 am EST
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Carter's, Inc. provided revenue guidance for fiscal year 2024 and first quarter of fiscal 2024. For first quarter of fiscal 2024, the company expects $620 million to $645 million in net sales ($696 million in First Quarter fiscal 2023).
For fiscal year 2024, the company expects low single-digit growth in net sales to approximately $3.0 billion ($2.95 billion in fiscal 2023).
Carter's, Inc. is a marketer of young childrenâs apparel in North America. Its segments include U.S. Retail, U.S. Wholesale, and International. The U.S. Retail segment includes sales of products in the United States through its retail stores and eCommerce websites. The U.S. Wholesale segment consists of sales in the United States of products to its wholesale partners. The International segment includes sales of products outside the United States, through its retail stores and eCommerce websites in Canada and Mexico, and sales to its international wholesale customers and licensees. It owns Carterâs and OshKosh Bâgosh brands. These brands are sold in department stores, national chains, and specialty retailers domestically and internationally. They are also sold through nearly 1,000 Company-operated stores in the United States, Canada, and Mexico and online at www.carters.com, www.oshkosh.com, www.cartersoshkosh.ca, and www.carters.com.mx. It also owns Little Planet and Skip Hop brands.