Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear in the United States and internationally. It operates through three segments: U.S. Retail, U.S. Wholesale, and International. The company's products include babies and young children's products, such as bodysuits, layette essentials, sleep and play, pants, tops and t-shirts, multipiece sets, dresses, and sleepwear; and playclothes, such as denim jeans, overalls, core bottoms, knit tops, t-shirts, and layering pieces. It also provides products for playtime, travel, mealtime, bath time, and home gear, as well as kid's and diaper bags, as well as range of licensed sports and character t-shirts. In addition, the company offers sleepwear, swimwear, outerwear, bedding, accessories, and toys; and toddler apparel and accessories. It sells its products through its retail stores, websites, and mobile app, as well as its wholesale distribution; and distributes its products to wholesale customers, including department stores, national chains, and specialty retailers. The company markets its products under the Carter's, OshKosh B'gosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, Otter Avenue, and other brands. Carter's, Inc. was founded in 1865 and is headquartered in Atlanta, Georgia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.9B | $203M | $92M | $69M | 9.9% | 1.9% | -50.5% |
| 2024 | $2.8B | $320M | $186M | $243M | 21.7% | -3.4% | -20.2% |
| 2023 | $2.9B | $400M | $233M | $469M | 27.5% | -8.3% | -7.0% |
| 2022 | $3.2B | $425M | $250M | $48M | 31.4% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,212.73 | 2,945.59 | 2,844.10 | 2,898.43 |
| Cost Of Revenue | - | 1,740.38 | 1,549.66 | 1,478.94 | 1,583.79 |
| Gross Profit | - | 1,472.36 | 1,395.94 | 1,365.17 | 1,314.64 |
| Operating Expense | - | 1,084.19 | 1,072.53 | 1,080.44 | 1,170.70 |
| Operating Income | - | 388.17 | 323.40 | 284.73 | 143.93 |
| EBITDA | - | 424.79 | 400.35 | 320.07 | 203.32 |
| EBIT | - | 359.52 | 336.22 | 262.14 | 148.06 |
| Pretax Income | - | 316.74 | 302.24 | 230.81 | 113.83 |
| Tax Provision | - | 66.70 | 69.74 | 45.30 | 22.04 |
| Net Income | - | 250.04 | 232.50 | 185.51 | 91.80 |
| Net Income Common Stockholders | - | 246.32 | 228.22 | 181.83 | 89.49 |
| Total Expenses | - | 2,824.56 | 2,622.19 | 2,559.37 | 2,754.49 |
| Interest Expense | - | 42.78 | 33.97 | 31.33 | 34.23 |
| Interest Income | - | 1.26 | 4.78 | 11.04 | 13.47 |
| Selling General And Administration | - | 1,110.01 | 1,093.94 | 1,099.69 | 1,188.80 |
| Normalized EBITDA | - | 453.73 | 400.35 | 350.07 | 204.98 |
| Normalized Income | - | 272.88 | 232.50 | 209.62 | 93.13 |
| Market Cap | 1,371.84 | 1,371.84 | 1,371.84 | 1,371.84 | 1,371.84 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Carter's, Inc.this co. | CRI | $1.3B | 14.94β discount | 1.48 | 9.9% | 10.31 |
| The RealReal, Inc. | REAL | $1.4B | - | -3.35 | 10.1% | 190.91 |
| Tripadvisor, Inc. | TRIP | $1.4B | 32.71 | 2.03 | 6.2% | 7.61 |
| The Wendy's Company | WEN | $1.4B | 8.24 | 11.59 | 140.6% | 9.92 |
| TriMas Corporation | TRS | $1.4B | 20.27 | 1.92 |
| - |
| - |
| - |
| - |
| 17.0% |
| 32.56 |
| G-III Apparel Group, Ltd. | GIII | $1.3B | 19.64 | 0.75 | 3.8% | 8.57 |
| XPEL, Inc. | XPEL | $1.3B | 25.13 | 4.59 | 18.3% | 16.27 |
| Savers Value Village, Inc. | SVV | $1.3B | 58.79 | 2.93 | 5.2% | 12.13 |
| Papa John's International, Inc. | PZZA | $1.3B | 39.87 | -2.74 | -6.9% | 11.68 |
| Peer Median | - | 25.13 | 1.98 | 8.1% | 11.91 | |