Carter's Inc. (CRI) announced Tuesday morning that it will delay its third quarter earnings release, previously scheduled for this evening. The company is delaying its earnings release in order to complete a review of its accounting for margin support to its wholesale customers.
Carter's Inc. has been steadily declining since the open Tuesday and is now down 7.60 at $20.84 on the highest volume in 6 months. The stock has dropped to a 5-month low and has fallen below both its 50 and 200-day moving averages.
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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.