Carter's (CRI) shares fall after Q3 fiscal 2026 results and a moderated revenue outlook
FROM THE WIRE · FINANCE.YAHOO.COM
Why Carter's (CRI) shares are falling today What happened? Shares of children's apparel manufacturer Carter's (NYSE:CRI) fell 3.9% in the afternoon session after the company reported third quarter fiscal 2026 financial results and moderated its full-year 2026 revenue outlook.…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA lowered full-year revenue outlook due to consumer pressure can weigh on a children's apparel maker's stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Carter's reported third quarter fiscal 2026 revenue of $752.5 million, flat year on year.
- 02Adjusted earnings per share of $1.03 beat analysts' expectations of 85 cents.
- 03For the fourth quarter the company guided revenue to $870 million at the midpoint, below the $924 million expected.
- 04The shares fell 3.9% in the afternoon session.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets