Carter's (CRI) reported fiscal Q4 adjusted net income Tuesday of $2.39 per share, down from $2.76 a year earlier.
Analysts polled by FactSet expected $1.92.
Net sales for the quarter ended Dec. 28 were $859.7 million, up from $857.9 million a year earlier.
Analysts surveyed by FactSet expected $837.7 million.
Carter's said it expects fiscal Q1 adjusted diluted EPS of $0.45 to $0.55 on net sales between $615 million to $625 million. Analysts polled by FactSet expect $0.88 and sales of $653 million.
The company said it expects fiscal 2025 adjusted diluted EPS in the range of $3.20 to $3.80. Analysts polled by FactSet expect $4.87.
Net sales for the fiscal year are projected to be between $2.78 billion to $2.86 billion, the company said. Analysts surveyed by FactSet expect $2.81 billion.
The company said it has also maintained a quarterly cash dividend of $0.80 per share, payable on March 28 to shareholders of record on March 10.
Shares of the company were down nearly 10% in recent Tuesday premarket activity.
Price: 47.00, Change: -5.06, Percent Change: -9.7
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.