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Designs and markets young children's apparel under Carter's and OshKosh B'gosh brands.
Designs and markets young children's apparel under Carter's and OshKosh B'gosh brands.
Sells through its own stores and website, wholesale to department stores, and exclusive brands made for mass retailers, such as Child of Mine at Walmart and Just One You at Target. It designs the clothes and has third-party factories overseas make them, so sales follow births and gift-giving seasons rather than fashion cycles.
Moat: narrow (brand, distribution, scale). Largest US young-children's apparel brand by volume with broad multi-channel distribution.
Headquarters: Atlanta, Georgia, US · Founded: 1865 · Employees: 15,400
Size Carter's (CRI) is a United States Consumer Discretionary company (Apparel/Footwear Retail) with a market value of $1.17B, the 2148th largest of 3,117 United States companies the cockpit tracks. Shares closed at $32.01 on 6 Nov 2026.
Performance Over six months the shares fell 9.4%, against -6.0% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 20 in its peer set.
Growth Revenue grew 5.0% over the last twelve months (peer median +6.5%); the operating margin is 9.9% (peer median 6.6%).
Valuation It trades at 9.9× forward earnings against a peer median of 14.9× (3rd cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -13% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is -12 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 6.4 points above its cost of capital (7.2% WACC).
Short interest Short interest is 18.6% of the free float (15 Oct 2026).
Next results Next results expected around 19 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $2.97B | $2.90B | $2.84B | $2.95B | $3.21B |
| Revenue growth | — | +2% | -3% | -8% | — |
| Gross profit | $1.46B | $1.31B | $1.37B | $1.40B | $1.47B |
| EBITDA | $348M | $181M | $323M | $366M | $428M |
| Net income | $214M | $89.5M | $182M | $228M | $246M |
| Free cash flow | $320M | $68.6M | $243M | $469M | $48.0M |
| Capital expenditure | $40.7M | $53.7M | $56.2M | $59.9M | $40.4M |
| Total debt | $1.18B | $1.21B | $1.13B | $1.08B | $1.18B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Carter's CRI | $1.17B | -9% | +5% | 10% | 9.9× | -13.2% |
| Gap GAP | $7.55B | -8% | +1% | 11% | 8.4× | -2.3% |
| PVH PVH | $4.15B | +1% | +2% | 8% | 8.1× | 2.5% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CRI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.6% | +3.7% | 6th lowest of 21 |
| 6-month return | -9.4% | -6.0% | 9th lowest of 20 |
| Distance from 52-week high | -28.0% | -27.8% | 11th highest of 21 |
| Revenue growth (TTM) | +5.0% | +6.5% | 9th lowest of 21 |
| Operating margin | 9.9% | 6.6% | 8th highest of 21 |
| Forward P/E | 9.9× | 14.9× | 3rd cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -13.2% | 8.5% | 5th least demanding of 19 |
| Growth delivered (Del g) | -0.8% | +10.6% | 4th lowest of 18 |
| Hurdle (Req g minus delivered) | -12.4 pp | -7.9 pp | 7th least demanding of 18 |
| ROIC minus cost of capital | +6.4 pp | +1.6 pp | 7th highest of 20 |
| EV / EBITDA | 5.2× | 9.7× | 4th cheapest of 19 |
| Net debt / EBITDA | 1.9× | 0.7× | 7th most indebted of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Carter's CRI | United States | $1.17B | -9% | +5% | 10% | 9.9× | -13.2% | -0.8% |
| Reformation REF | United States | $1.07B | n/a | +16% | 6% | 57.7× | n/a | n/a |
| Aditya Birla Lifestyle Brands ABLBL.NS | India | $995M | -35% | +7% | 7% | 32.4× | 22.2% | n/a |
| Winmark WINA | United States | $944M | -29% | +9% | 60% | 23.9× | 7.7% | +5.4% |
| AOKI 8214.T | Japan | $912M | +10% | 0% | 8% | n/a | -5.3% | +6.3% |
| AND ST HD 2685.T | Japan | $900M | +2% | +3% | 6% | 12.0× | -15.3% | +10.6% |
| Brainbees Solutions FIRSTCRY.NS | India | $883M | -33% | +12% | -2% | 194.4× | 20.1% | +39.8% |
| Topsports International 6110.HK | Hong Kong | $882M | -62% | -3% | 5% | 6.1× | -20.9% | -7.2% |
| Premier Investments PMV.AX | Australia | $1.57B | +22% | -3% | 14% | 14.9× | 9.4% | -11.0% |
| PAL 2726.T | Japan | $1.58B | -4% | +7% | 11% | 13.6× | -15.4% | +16.7% |
| OVS OVS.MI | Italy | $1.74B | +15% | +10% | 7% | 14.8× | 12.8% | +11.4% |
| Nishimatsuya Chain 7545.T | Japan | $725M | -6% | +5% | 5% | 13.8× | -21.2% | +3.9% |
| AOYAMA TRADING 8219.T | Japan | $704M | -7% | -2% | 6% | 13.3× | -1.6% | +3.2% |
| Modivo MDV.WA | Poland | $2.01B | +29% | +4% | 2% | 34.1× | 23.3% | +15.9% |
| V2 Retail V2RETAIL.NS | India | $672M | -20% | +49% | 9% | 20.2× | n/a | n/a |
| Capri CPRI | United States | $2.12B | +11% | -14% | 3% | 9.4× | 21.3% | -3.1% |
| Buckle BKE | United States | $2.16B | -20% | +6% | 22% | 10.3× | -5.2% | +7.6% |
| Redtape REDTAPE.NS | India | $624M | -18% | +14% | 14% | n/a | 10.2% | +18.1% |
| RVRC RVRC.ST | Sweden | $596M | -1% | +5% | 21% | 14.4× | 7.6% | +17.6% |
| Metro Brands METROBRAND.NS | India | $2.39B | -20% | +16% | 19% | 49.2× | 34.1% | +29.1% |
| Sailvan Times 301381.SZ | China | $2.39B | +25% | +14% | 4% | 25.4× | 14.9% | +17.6% |