- Carter's (NYSE:CRI -9.2%) trades lower despite beating estimates on both lines of its Q2 report.
- Soft guidance seems to be the culprit. Carter's expects full year revenue growth of 5%-6% vs. 6%-7% prior and EPS growth of 10% vs. 10%-12% previous.
- Shares of Carter's are threatening to drop below $100 for the first time since May.
- Previously: Carter's beats by $0.06, beats on revenue (July 27)