Carter's, Inc. (CRI) experienced a significant revenue milestone in Q4 2024, with total revenue amounting to $1.42 billion1. The company's revenue was well-distributed across various business segments, including the United States Retail, United States Wholesale, and International markets. Each segment contributed to the overall revenue, with the United States Retail segment leading at $950.88 million, followed by the United States Wholesale segment at $756.02 million, and the International segment at $405.6 million and $277.49 million respectively1.
- Revenue Trend: The revenue trend for Carter's in Q4 2024 was positive, with all segments contributing to the total revenue. The United States Retail segment showed the highest revenue, indicating a strong performance in the domestic retail market. The International segment also demonstrated a notable revenue figure, suggesting successful operations and market penetration in foreign markets.
- Expense Management: Carter's managed its operating expenses effectively, with the total operating expenses amounting to $333.61 million1. The company's focus on cost control is evident, as the operating expenses were lower than the revenue generated from the United States Retail segment alone. This indicates a healthy profit margin and efficient management of resources.
- Net Income: The net income for Carter's in Q4 2024 was $61.52 million1. This figure reflects the company's profitability during the period, considering both revenue and expenses. The net income, along with the revenue and expense figures, provides a comprehensive view of Carter's financial performance in Q4 2024.
In conclusion, Carter's exhibited a robust revenue trend in Q4 2024, with strong contributions from various segments. The company's effective expense management and healthy net income further underscore its financial strength during the period.
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