Earnings ·
Carter's reports Q3 diluted EPS of $1.00, up from $0.32; COO steps down
CRICarters Inc
Carter’s reported third-quarter fiscal 2026 net sales of $752 million and diluted earnings per share of $1.00, compared to $0.32 in the prior-year period. Operating income rose to $55.8 million from $29.1 million, driven by higher realized pricing and productivity initiatives. The company also announced that Chief Operating Officer Richard Westenberger will step down upon the appointment of a successor but will remain as CFO. Additionally, Carter’s unveiled a strategic evolution of its leadership structure, including new roles for Chief Product Officer Maria Gemzell and Chief Commercial Officer Allison Peterson. Carter’s is North America’s largest apparel company exclusively for babies and young children.