Aug. 31 at 7:45 PM
$CRI
Carter's is closing 29 additional stores, part of a broader effort to shed underperforming locations. Company still operated 1,042 North American stores as of July 4, 2026, plus wholesale and e-commerce channels via Carter's and OshKosh B'gosh brands.
Framed as efficiency, not retreat, lower occupancy costs, concentrated inventory in higher-return locations. Key metrics to watch: comparable sales, e-commerce growth, gross margin, and closure-related charges next quarter.
$CRI #Retail #ConsumerProducts