CARTERS INC CRI
We are North America's largest and most-enduring apparel company exclusively for babies and young children. Our core brands are Carter's and OshKosh B'gosh (or "OshKosh"), iconic and among the sector's most trusted names. Our exclusive Carter's brands, which consist of Child of Mine, Just One You, and Simple Joys, are developed for Walmart, Target, and Amazon. Our emerging brands include Little Planet, crafted with organic fabrics and sustainable materials, Otter Avenue, a toddler-focused apparel brand, and Skip Hop, baby essentials from tubs to toys.
Established in 1865, our Carter's brand is recognized and trusted by consumers for high-quality apparel and accessories for children in sizes newborn to 14.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.90B | $2.84B | $2.95B | $3.21B | $3.49B | $3.02B | $3.52B | $3.46B | $3.40B | $3.20B |
| Cost of revenue | — | — | — | — | — | — | $2.01B | $1.96B | $1.92B | $1.82B |
| Gross profit | $1.31B | $1.37B | $1.40B | $1.47B | $1.66B | $1.31B | $1.51B | $1.50B | $1.48B | $1.38B |
| SG&A | $1.19B | $1.10B | $1.09B | $1.11B | $1.19B | $1.11B | $1.14B | $1.14B | $1.11B | $995.4M |
| Operating income | $143.9M | $254.7M | $323.4M | $379.2M | $497.1M | $189.9M | $371.9M | $391.4M | $419.6M | $425.9M |
| Interest expense | $34.2M | $31.3M | $34.0M | $42.8M | $60.3M | $56.1M | $37.6M | $34.6M | $30.0M | $27.0M |
| Pre-tax income | $113.8M | $230.8M | $302.2M | $316.7M | $438.3M | $135.0M | $328.0M | $356.0M | $391.1M | $395.4M |
| Income tax | $22.0M | $45.3M | $69.7M | $66.7M | $98.5M | $25.3M | $64.2M | $73.9M | $88.2M | $137.7M |
| Net income | $91.8M | $185.5M | $232.5M | $250.0M | $339.7M | $109.7M | $263.8M | $282.1M | $302.8M | $257.7M |
| EPS, basic | 2.53 | 5.12 | 6.24 | 6.34 | 7.83 | 2.51 | 5.89 | 6.06 | 6.31 | 5.12 |
| EPS, diluted | 2.53 | 5.12 | 6.24 | 6.34 | 7.81 | 2.50 | 5.85 | 6.00 | 6.24 | 5.08 |
| Shares, diluted (wtd. avg.) | $35.4M | $35.5M | $36.6M | $38.9M | $43.0M | $43.4M | $44.7M | $46.6M | $48.1M | $50.4M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $487.1M | $412.9M | $351.2M | $211.7M | $984.3M | $1.10B | $214.3M | $170.1M | $178.5M | $299.4M |
| Receivables | $178.6M | $194.8M | $183.8M | $198.6M | $231.4M | $186.5M | $251.0M | $258.3M | $240.6M | $202.5M |
| Inventory | $544.6M | $502.3M | $537.1M | $744.6M | $647.7M | $599.3M | $594.0M | $574.2M | $548.7M | — |
| Total current assets | $1.27B | $1.14B | $1.10B | $1.19B | $1.90B | $1.95B | $1.11B | $1.04B | $1.02B | $1.06B |
| Property, plant and equipment | $186.3M | $181.0M | $183.1M | $189.8M | $216.0M | $262.3M | $320.2M | $350.4M | $377.9M | $385.9M |
| Goodwill | $209.0M | $206.9M | $210.5M | $209.3M | $212.0M | $211.8M | $229.0M | $227.1M | $230.4M | $176.0M |
| Other intangibles | $268.7M | $268.0M | $298.2M | $298.4M | $307.6M | $307.9M | $334.6M | $365.7M | $365.6M | $308.9M |
| Total assets | $2.57B | $2.43B | $2.38B | $2.44B | $3.19B | $3.39B | $2.75B | $2.06B | $2.07B | $1.95B |
| Accounts payable | $235.7M | $248.2M | $242.1M | $264.1M | $407.0M | $472.1M | $183.6M | $199.1M | $182.1M | $158.4M |
| Total current liabilities | $506.0M | $508.8M | $511.9M | $528.9M | $717.2M | $792.5M | $475.5M | $327.4M | $331.2M | $277.6M |
| Long-term debt | $567.2M | $498.1M | $497.4M | $616.6M | $991.4M | $989.5M | $594.7M | $593.3M | $617.3M | $580.4M |
| Total liabilities | $1.64B | $1.58B | $1.53B | $1.64B | $2.24B | $2.45B | $1.87B | $1.19B | $1.21B | $1.16B |
| Retained earnings | $929.5M | $894.0M | $868.8M | $830.4M | $978.7M | $952.6M | $915.3M | $909.8M | $886.0M | $822.4M |
| Total equity | $925.0M | $854.6M | $845.2M | $796.4M | $950.2M | $938.0M | $880.1M | $869.4M | $857.4M | $788.4M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $122.3M | $298.8M | $529.1M | $88.4M | $268.3M | $588.5M | $387.2M | $356.2M | $329.6M | $369.2M |
| Depreciation and amortisation | $51.5M | $54.2M | $60.4M | $61.5M | $90.4M | $90.3M | $92.2M | $85.9M | $81.8M | $71.5M |
| Stock-based compensation | $20.2M | $17.8M | $19.5M | $21.9M | $21.0M | $12.8M | $16.5M | $14.7M | $17.5M | $16.8M |
| Capital expenditure | $53.7M | $56.2M | $59.9M | $40.4M | $37.4M | $32.9M | $61.4M | $63.8M | $69.5M | $88.6M |
| Investing cash flow | -$53.7M | -$56.2M | -$59.9M | -$40.4M | -$32.4M | -$31.5M | -$60.7M | -$63.3M | -$227.9M | -$88.3M |
| Financing cash flow | $2.0M | -$174.8M | -$332.6M | -$819.3M | -$352.7M | $324.8M | -$283.4M | -$298.9M | -$223.1M | -$363.5M |
| Dividends paid | $56.4M | $116.2M | $112.0M | $118.1M | $60.1M | $26.3M | $89.6M | $83.7M | $70.9M | $66.4M |
| Buybacks | $0 | $50.5M | $100.0M | $299.7M | $299.3M | $45.3M | $196.9M | $193.0M | $188.8M | $300.4M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001060822-26-000016.
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