Carter's Inc. (CRI) reported fourth quarter adjusted net income of $0.63 per share Wednesday morning, which topped the consensus estimate of $0.44. The company expects to report first quarter adjusted EPS of $0.38 to $0.43 and between $2.40 and $2.50 for the full year 2012. The consensus estimates are for EPS of $0.50 and $2.32.
Carter's gapped up sharply Wednesday and climbed during the first 45 minutes of trade. The stock extended its gains going into the close and finished up by 4.88 at $48.57 on above average volume. Carter's surged to a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.