Analysts have been expecting strong third-quarter results from Carter's, projecting earnings of 66 cents per share. The company's revenues for the first half of the year were up slightly compared to a year earlier.
Carters makes baby and children’s clothes under its own name as well as OshKosh B’Gosh, and sells apparel under the Child of Mine brand at Walmart and Tykes at Target. Last year, the company logged a profit of $75 million on revenues of $1.49 billion. It employs 2,675 people.
Over the past year, the company’s stock has ranged from a high of $29.49 in July and a low of $13.86 in February.