Carter's Inc. (CRI) announced after the close Monday that it will restate its financial statements for certain prior periods and does not expect to timely file its quarterly report on Form 10-Q for the period ended October 3, 2009.
Carter's Inc. gapped down sharply Tuesday and has since declined on above average volume. Shares are now down 3.02 at $21.02. The stock has fallen below its 200-day moving average and is now testing support, trading at over a 5-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.