- Carter's press release ( NYSE: CRI ): Q2 Non-GAAP EPS of $1.30 misses by $0.33 .
- Revenue of $700.69M (-6.1% Y/Y) misses by $43.62M .
- OUTLOOK
- 3Q:
- Net sales of approximately $850 million to $865 million vs consensus of $910.98M;
- Adjusted operating income of approximately $90 million to $100 million, compared to $123.9 million in the third quarter of fiscal 2021; and
- Adjusted diluted earnings per share of approximately $1.50 to $1.70 vs consensus of $2.23; compared to $1.93 in the third quarter of fiscal 2021.
- FY:
- Net sales of approximately $3.25 billion to $3.30 billion; vs consensus of $3.52B
- Adjusted operating income of approximately $415 million to $440 million, compared to $500.8 million in fiscal 2021; and
- Adjusted diluted earnings per share of approximately $7.10 to $7.60 vs consensus of $8.33, compared to $7.87 in fiscal 2021.
For further details see:
Carter's Non-GAAP EPS of $1.30 misses by $0.33, revenue of $700.69M misses by $43.62M, revises FY outlook