Is Carter's, Inc. (CRI) a Good Clothing Stock To Add To Your Portfolio? [Yahoo! Finance]
Carter's, Inc. (CRI)
Last carter's, inc. earnings: 2/24 06:16 am
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US:NYSE Investor Relations:
ir.carters.com/investor-overview
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Source: Yahoo! Finance
Trends in the Clothing Sector The internet has changed the way people shop for clothes. Social media platforms and influencers have popularized the "haul culture," where people order a big box of low-priced clothes online and sift through them. Also colloquially known as the "Shein effect," people are turning towards fast fashion, ordering clothing that offers an element of surprise upon receiving. Although Shein's primary suppliers are in China, its customers are majorly US-based. Its global sales reached around $30 billion last year, almost touching the $39 billion in global sales made by Inditex, the old-school fast fashion leader and owner of Zara. Fashion and apparel rank among some of the most significant industries in the world, creating key value for global economy. According to McKinsey, it would rank as the seventh largest economy in the world if placed alongside the GDPs of individual countries. The industry, however, faced several challenges in 2023, with the United S
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News
- Carter’s, Inc. Announces Quarterly DividendBusiness Wire
- Carter's Teams up With Chloe Bailey to Introduce a New Era of Holiday Cheer [Yahoo! Finance]Yahoo! Finance
- Carter’s Teams up With Chloe Bailey to Introduce a New Era of Holiday CheerBusiness Wire
- Carter's, Inc. (NYSE: CRI) was upgraded by analysts at Citigroup Inc. from a "sell" rating to a "neutral" rating. They now have a $50.00 price target on the stock.MarketBeat
- How the Rise of Generative AI Is Impacting Retail Profitability [Yahoo! Finance]Yahoo! Finance
CRI
Earnings
- 10/25/24 - Beat
CRI
Sec Filings
- 11/14/24 - Form 8-K
- 10/25/24 - Form 10-Q
- 10/25/24 - Form 8-K
- CRI's page on the SEC website