Carter’s Inc (CRI) has disclosed a new risk, in the Corporate Activity and Growth category.
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Carter’s Inc. faces significant risks associated with its recently announced restructuring plans and operational changes, which aim to align financial resources with business priorities and improve profitability. However, the company may not achieve the desired operational efficiencies, potentially leading to adverse effects on its financial condition and results of operations. Challenges such as unexpected implementation costs, management distraction, and workforce attrition could further complicate the execution of these initiatives. Consequently, failure to realize the expected benefits could negatively impact Carter’s Inc.’s profitability and earnings in the short term.
Overall, Wall Street has a Moderate Sell consensus rating on CRI stock based on 3 Sells and 1 Hold.
To learn more about Carter’s Inc’s risk factors, click here.