Company Earnings UpdateCarter’s (CRI) 2Q17 Results: Beats Estimates, Driven by Retail and International Businesses Coresight Research July 28, 2017 Executive Summary Carter’s reported 2Q17 revenue of $692.1 million, up 8.2% year over year, beating the consensus estimate of $681.1 million. Adjusted EPS was $0.78, up 9.9% year over year and above the consensus estimate of $0.70. The upside was driven by the retail and international businesses as well as by the contribution from the Skip Hop brand, which was acquired earlier this year. The company reaffirmed its EPS guidance for the full fiscal year; Carter’s expects net sales growth of 4%–6% and adjusted diluted EPS growth of 8%–10%. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: Controversy Persists Around Price Gouging with Electronic Shelf Labels, with John HarmonWeekly US Consumer Sentiment, Flash Preview: The Big Surprise in a Week of Shocks—InfographicThe STORE Framework for Driving Innovation in RetailThe Evolving Supply Chain Landscape: Tariffs, Holiday 2025, and What’s Next: Insights Presented by Deborah Weinswig at The Lead Summit
