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CRI - Carter's, Inc.

NYSE -> Consumer Cyclical -> Apparel Retail
Atlanta, United States
Type: Equity

CRI price evolution
CRI
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $351.21 $169.11 $174.5 $157.69
Short term investments
Net receivables $183.77 $240.51 $132.68 $223.94
Inventory $537.13 $620.67 $681.57 $613.92
Total current assets $1101.24 $1067.89 $1045.37 $1042.72
Long term investments
Property, plant & equipment $711.52 $686.9 $677.79 $675.35
Goodwill & intangible assets $535.96 $535.81 $537.79 $537.73
Total noncurrent assets $1277.37 $1251.92 $1243.1 $1240.61
Total investments
Total assets $2378.61 $2319.81 $2288.47 $2283.33
Current liabilities
Accounts payable $242.15 $222.21 $281.33 $180.18
Deferred revenue
Short long term debt $135.37 $135.87 $137.47 $139.35
Total current liabilities $511.86 $464.2 $517.54 $410.63
Long term debt $946.16 $994.45 $917.79 $993.82
Total noncurrent liabilities $1021.5 $1070.3 $995.93 $1074.8
Total debt $1081.53 $1130.31 $1055.26 $1133.16
Total liabilities $1533.36 $1534.49 $1513.46 $1485.43
Shareholders' equity
Retained earnings $868.8 $814.08 $799.6 $827.93
Other shareholder equity -$23.91 -$29.14 -$24.96 -$30.41
Total shareholder equity $845.25 $785.31 $775.01 $797.89
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $351.21 $211.75 $984.29 $1102.32
Short term investments
Net receivables $183.77 $198.6 $231.35 $186.51
Inventory $537.13 $744.6 $647.74 $599.26
Total current assets $1101.24 $1188.7 $1913.52 $1946.02
Long term investments
Property, plant & equipment $711.52 $682.2 $703.75 $855.35
Goodwill & intangible assets $535.96 $538.29 $553.63 $557.18
Total noncurrent assets $1277.37 $1250.99 $1288.28 $1446.56
Total investments
Total assets $2378.61 $2439.7 $3201.8 $3392.58
Current liabilities
Accounts payable $242.15 $264.1 $407.04 $472.14
Deferred revenue
Short long term debt $135.37 $142.43 $147.54 $185.15
Total current liabilities $511.86 $528.9 $731.03 $792.53
Long term debt $946.16 $616.6 $1433.23 $1544.03
Total noncurrent liabilities $1021.5 $1114.36 $1520.58 $1662.02
Total debt $1081.53 $1180.8 $1580.77 $1729.18
Total liabilities $1533.36 $1643.3 $2251.61 $2454.55
Shareholders' equity
Retained earnings $868.8 $830.4 $978.67 $952.6
Other shareholder equity -$23.91 -$34.3 -$28.9 -$32.76
Total shareholder equity $845.25 $796.41 $950.19 $938.03
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $857.86 $791.65 $600.2 $695.88
Cost of revenue $439.69 $415.25 $308.3 $386.41
Gross Profit $418.18 $376.4 $291.9 $309.47
Operating activities
Research & development
Selling, general & administrative $286.95 $288.68 $258.68 $259.63
Total operating expenses $282.12 $282.97 $254.34 $253.11
Operating income $136.06 $93.43 $37.56 $56.35
Income from continuing operations
EBIT $145.58 $93.99 $39.33 $57.31
Income tax expense $31.44 $19.25 $7.38 $11.67
Interest expense $7.63 $8.62 $8.08 $9.64
Net income
Net income $106.51 $66.13 $23.87 $36
Income (for common shares) $106.51 $66.13 $23.87 $36
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $2945.59 $3212.73 $3486.44 $3024.33
Cost of revenue $1549.66 $1740.38 $1824.17 $1710.89
Gross Profit $1395.93 $1472.36 $1662.27 $1313.44
Operating activities
Research & development
Selling, general & administrative $1093.94 $1110.01 $1193.88 $1105.61
Total operating expenses $1072.53 $1093.19 $1165.19 $1123.57
Operating income $323.4 $379.17 $497.08 $189.87
Income from continuing operations
EBIT $336.21 $359.52 $498.58 $191.05
Income tax expense $69.74 $66.7 $98.54 $25.27
Interest expense $33.97 $42.78 $60.29 $56.06
Net income
Net income $232.5 $250.04 $339.75 $109.72
Income (for common shares) $232.5 $250.04 $339.75 $109.72
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $106.51 $66.13 $23.87 $36
Operating activities
Depreciation $15.57 $16.04 $16.79 $15.74
Business acquisitions & disposals
Stock-based compensation $4.55 $3.93 $6.64 $4.34
Total cash flows from operations $323.34 -$3.45 $167.04 $42.2
Investing activities
Capital expenditures -$17.39 -$16.11 -$12.53 -$13.83
Investments
Total cash flows from investing -$17.39 -$16.11 -$12.53 -$13.83
Financing activities
Dividends paid -$27.5 -$27.86 -$28.16 -$28.48
Sale and purchase of stock -$28.51 -$27.27 -$30.34 -$9.5
Net borrowings -$70 $70 -$80 -$40
Total cash flows from financing -$126.03 $14.7 -$138.56 -$82.76
Effect of exchange rate $2.18 -$0.53 $0.86 $0.33
Change in cash and equivalents $182.11 -$5.4 $16.82 -$54.06
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $232.5 $250.04 $339.75 $109.72
Operating activities
Depreciation $64.14 $65.28 $94.11 $94
Business acquisitions & disposals
Stock-based compensation $19.46 $21.88 $21.03 $12.83
Total cash flows from operations $529.13 $88.36 $268.26 $589.89
Investing activities
Capital expenditures -$59.86 -$40.36 -$37.44 -$32.87
Investments $5
Total cash flows from investing -$59.86 -$40.36 -$32.44 -$32.87
Financing activities
Dividends paid -$112 -$118.11 -$60.12 -$26.26
Sale and purchase of stock -$95.62 -$295.21 -$288.34 -$36.25
Net borrowings -$120 -$398.1 -$0.22 $392.36
Total cash flows from financing -$332.64 -$819.27 -$352.71 $324.84
Effect of exchange rate $2.84 -$1.27 -$1.14 $6.15
Change in cash and equivalents $139.47 -$772.55 -$118.03 $888.01
Fundamentals
Market cap $3.04B
Enterprise value $3.77B
Shares outstanding 36.55M
Revenue $2.95B
EBITDA $400.35M
EBIT $336.21M
Net Income $232.50M
Revenue Q/Q -5.95%
Revenue Y/Y -7.24%
P/E ratio 13.07
EV/Sales 1.28
EV/EBITDA 9.41
EV/EBIT 11.21
P/S ratio 1.03
P/B ratio 3.50
Book/Share 23.78
Cash/Share 9.61
EPS $6.36
ROA 10.03%
ROE 29.03%
Debt/Equity 1.81
Net debt/EBITDA 2.95
Current ratio 2.15
Quick ratio 1.10