Tue, Nov. 24, 10:37 AM
- Cold weather apparel sellers finally received a bit of good news when Redbook cited seasonal items helped move along overall chain store sales last week.
- The sector is looking to play catch-up after October saw warmer-than-normal temperatures across a majority of the U.S.
- Looking for a cold snap: Dick's Sporting Goods (NYSE:DKS), Columbia Sportswear (NASDAQ:COLM), Lands' End (NASDAQ:LE), Hibbett Sports (NASDAQ:HIBB), Under Armour (NYSE:UA), Nike (NYSE:NKE), Carter's (NYSE:CRI), Finish Line (NASDAQ:FINL), Deckers Outdoor (NYSE:DECK).
- Previously: Redbook Chain Store Sales (Nov. 24 2015)
Thu, Nov. 12, 4:47 PM
Wed, Nov. 11, 9:28 AM
- A warning by Macy's on having trouble clearing out inventory at U.S. stores could have a negative impact on major suppliers. The soft demand reported by Macy's leading into the holiday season has also been seen at other high-volume selling channels.
- The list of major Macy's apparel suppliers includes Ralph Lauren (NYSE:RL), Calvin Klein (NYSE:PVH), Michael Kors (NYSE:KORS), Estee Lauder (NYSE:EL), Carter's (NYSE:CRI), and Nautica (NYSE:VFC). A scan of the Macy's website shows plenty of promotions for those brands.
- Previously: Retailers eye inventory levels with Black Friday 17 days away (Nov. 10 2015)
- Previously: Department store sector on watch after Macy's warns (Nov. 11 2015)
- Previously: Macy's lower after U.S. sales slump and nixing REIT (Nov. 11 2015)
Thu, Oct. 29, 9:45 AM
- Carter's (NYSE:CRI) is down 5.2% after reporting a retail stores comparable sales decline of 5.6% in Q3.
- The company's adjusted operating margin increased 120 bps to 15.4% off some leveraging of expenses.
- Investors seem to be skittish off the tone of management during the earnings call on Q4 trends.
- Previously: Carter's beats by $0.06, misses on revenue (Oct. 29 2015)
Thu, Oct. 29, 6:20 AM
Wed, Oct. 28, 5:30 PM
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Mon, Oct. 12, 10:49 AM
- Cotton prices are expected to fall sharply this year and into 2016 due to a variety of market factors - including lower demand for yarn and a drop in polyester prices.
- Companies with an eye on the level of cotton prices based on recent conference calls transcripts posted on SA include Hanesbrands (NYSE:HBI), Carter's (NYSE:CRI), Vera Bradley (NASDAQ:VRA), PVH Corp (NYSE:PVH), Williams-Sonoma (NYSE:WSM), Chico's FAS (NYSE:CHS), Express (NYSE:EXPR), L Brands (NYSE:LB), Gildan Activewear (NYSE:GIL), and The Children's Place (NASDAQ:PLCE),
Fri, Oct. 2, 9:26 AM
- Amazon (NASDAQ:AMZN) will be the number two player in non-food consumables by 2018, according to a new report from Cowen & Company.
- The company is leveraging its powerful Prime platform to gain market share in the highly-competitive field by highlighting to consumers its advantages on pricing and delivery.
- Amazon's gains could come at the expense of store traffic for Wal-Mart (NYSE:WMT), Target (NYSE:TGT), and Walgreens (NASDAQ:WBA), notes Cowen.
- The Amazon Effect could also impact pricing in the personal care, household, pet, and baby products sectors - a wide swath of the consumer goods industry that impacts companies such as Procter & Gamble (NYSE:PG), Avon Products (NYSE:AVP), Revlon (NYSE:REV), Kimberly-Clark (NYSE:KMB), Carter's (NYSE:CRI), Colgate-Palmolive (NYSE:CL), Ulta Salon (NASDAQ:ULTA), Unilever (UN, UL), and Church & Dwight (NYSE:CHD) as they negotiate deals.
- Related ETFs: IYK, UGE, SZK
Thu, Aug. 20, 5:04 PM
Wed, Aug. 12, 4:27 PM
- The Panama Canal Authority plans to restrict the amount of cargo ships will be allowed to carry through the canal beginning on September 8.
- The action is a result of the low level of water in Gatun Lake and Alajuela Lake resulting from this year's El Nino phenomenon.
- Citigroup has its eyes on the development, noting retailers with potential exposure this fall to reduced shipping to East Coast ports include Carter's (NYSE:CRI), Columbia Sportswear (NASDAQ:COLM), Wolverine Worldwide (NYSE:WWW), Staples (NASDAQ:SPLS), and Steve Madden (NASDAQ:SHOO).
- Panama Canal Advisory (.pdf)
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Wed, Jul. 29, 10:48 AM
- Carter's (CRI -4.6%) trades lower on heavy volume, despite beating with both lines of its Q2 report.
- Investors appear to be focusing on Q3 EPS guidance from the company which came in below expectations, $1.40-$1.46 vs. $1.47 consensus.
- Previously: Carter's beats by $0.10, beats on revenue (Jul. 29 2015)
Wed, Jul. 29, 6:27 AM
Tue, Jul. 28, 5:30 PM
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Thu, Jul. 23, 2:38 PM
- Wal-Mart (WMT -0.7%) is taking aim at Target (TGT -0.9%) in the baby category by increasing the quantity and scope of its baby products.
- Both companies are gunning for millennial parents, a group that includes 90% of new mothers.
- Baby-focused Carter's (CRI -0.8%) has crushed both Wal-Mart and Target this year with a YTD return of 24%. The retail chain appears to be doing well with millennials based off its retail sales gain of 12% in Q1 which included an 8% rise in e-commerce sales. Both Target and Wal-Mart sell Carter's-branded items.
Wed, Jul. 1, 7:47 AM
Thu, May 7, 5:23 PM
Carter's Inc is a branded marketer of apparel for babies & young children in USA. The Company through its subsidiaries design, source & market branded childrenswear under the Carter's, Child of Mine, Just One You, Precious Firsts, OshKosh & other brands.
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