Professional
Added to YB: 2025-01-08
Pitch date: 2024-12-31
CRI [bullish]
Carter's, Inc.
-38.68%
current return
Author Info
No bio for this author
Company Info
Carter's, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear and related products under the Carter's, OshKosh, Skip Hop, Child of Mine, Just One You, Simple Joys, Little Planet, and other brands in the United States and internationally.
Market Cap
$1.2B
Pitch Price
$52.38
Price Target
N/A
Dividend
9.97%
EV/EBITDA
3.55
P/E
7.11
EV/Sales
0.69
Sector
Textiles, Apparel and Luxury Goods
Category
value
Palm Valley Capital Fund Portfolio Holding: Carter's, Inc.
CRI: Children's clothing retailer facing headwinds from inflation. Lowered prices to boost volumes, impacting margins. Maintained profit guidance but margins below avg. Stock down despite better-than-expected results. Trading at 11x 2024E earnings, 5.9% dividend yield. Attractive discount to valuation despite near-term challenges.
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