Flash Report 2 minutesRegister for Free AccessCarter’s (CRI) 1Q16 Results: Beats Estimates, Driven by Retail and Wholesale Segments Coresight Research April 28, 2016 Executive Summary Carter’s reported 1Q16 revenue of $724.1 million, up 5.7% year over year, beating the consensus estimate of $716.0 million and above company guidance of $712.4 million. On a constant-currency basis, revenue increased by 6.4% in the quarter. Adjusted EPS was $1.05, up 7.9% year over year and above the consensus estimate of $1.00. The upside was driven by the Carter’s and OshKosh B’gosh retail segments and the wholesale business. The company provided adjusted EPS guidance for 2Q16 of $0.62–$0.66, down 10%–15% year over year and below the $0.80 consensus estimate. Revenue is expected to increase by 3%–4% year over year, to $631.1–$637.3 million, which is lower than the consensus estimate of $651.5 million. For 2016, Carter’s raised its adjusted EPS guidance range to 10%–12% from 8%–10%, implying adjusted EPS of $5.07–$5.16 versus prior guidance of $4.98–$5.07 and the consensus estimate of $5.09. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Insights Video: Market Navigator—US Grocery RetailingCES 2023 ShowStoppers: Spotlight on Healthcare TechWeinswig’s Weekly: On Our Groundbreaking NextGen Commerce ConferenceChina Retail Insights: Countdown to Singles’ Day 2024, Three Months To Go—Brands Connect with Shoppers Through AI and Livestreaming