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Carter’s reports Q3 adjusted EPS 74c, consensus 74c

Reports Q3 revenue $758M, consensus $773.09M. “Our third quarter performance reflected continued improvement in U.S. Retail business demand as we achieved positive comparable sales and improved pricing for the second consecutive quarter,” said Douglas C. Palladini, Chief Executive Officer & President. “However, elevated product costs, in part due to the impact of higher tariffs, as well as additional investment, weighed meaningfully on our profitability.”

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