Carter's Plunges 22% in a Month: What's Next for Investors? [Yahoo! Finance]
Wolverine World Wide, Inc. (WWW)
Last wolverine world wide, inc. earnings: 4/22 06:30 am
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Source: Yahoo! Finance
Apparel industry, which saw a moderate decrease of 3.7% (Source: Zacks Investment Research). For the fourth quarter of 2024, Carter's expects net sales of $800-$840 million, indicating a decline from $858 million recorded in the year-ago quarter. For full-year 2024, the company expects net sales of $2.79-$2.83 billion, adjusted operating income of $240-$260 million, and adjusted earnings per share of $4.70-$5.15 (Source: Zacks Investment Research). Yes, according to Zacks Investment Research, alternative investment options such as Wolverine World Wide (WWW), Gildan Activewear Inc. (GIL), and Steven Madden, Ltd. (SHOO) are performing better than Carter's, with stronger earnings growth and surprise history (Source: Zacks Investment Research). The main factors contributing to Carter's dismal performance include curtailed consumer discretionary spending due to rising inflation and higher interest rates, softness in the top line, reduced demand for its brands, and adverse currency ra
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WWW
Earnings
- 11/7/24 - Beat
WWW
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 144
- 11/12/24 - Form 3
- WWW's page on the SEC website