Jul. 28 at 6:20 PM
$CRI down 15% after earnings miss — what went wrong? 📉
❌ Q2 EPS of 17 cents missed the Zacks Consensus Estimate of 43 cents, with a YoY decline of 77.6%
⚠️ Tariffs, strategic pricing, and new store costs hammered profitability, despite strong growth in U.S. Retail and International segments
📈 Despite sales beat, concerns over future tariffs on imports from countries like China, Vietnam, and Indonesia loom large
Understand the risks before investing in CRI 👉 https://www.zacks.com/stock/news/2629898/carters-q2-earnings-miss-estimates-stock-dips-after-tariff-concerns?cid=sm-stocktwits-2-2629898-body-4336&ADID=SYND_STOCKTWITS_TWEET_2_2629898_BODY_4336