Carters, Inc. (NYSE:CRI) has release the financial results for its third quarter, reporting a net sales increase of $47 million, an 11% increase. It’s total retail store sales went up 14% to $27 million and its net income also increased 52% at $17 million. The full financial results are available on the Investor Relations section of the company’s website, www.carters.com.
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The company held a conference call on January 15 to review the financial results. A webcast and accompanying presentation materials will be available on the Conference Calls & Webcasts page of the Investor Relations section of the company’s site. A telephone replay will also be available until January 24 at 719.457.0820. The replay pass code is 9994770.
Carter’s, Inc. (Carter’s) is a marketer of apparel for babies and young children in the United States. The Company owns two brand names in the children’s apparel industry, Carter’s and OshKosh. Carter’s offers multiple product categories, including baby, sleepwear, playclothes and other accessories. The Company sells its products to national department stores, chain and specialty stores, discount retailers, and as of January 3, 2009, through 253 Carter’s and 165 OshKosh outlet and brand retail stores. Under its Carter’s brand, the Company designs, sources and markets an array of products, primarily for sizes newborn to seven. During the fiscal year ended January 3, 2009 (fiscal 2008), Carter’s sold over 223 million units of Carter’s, Just One Year and Child of Mine products to its wholesale customers, mass channel customers and through its Carter’s retail stores.
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