JFrog stock rises as Cantor Fitzgerald maintains Overweight rating after strong Q2
ATLANTA - Carter’s, Inc. (NYSE:CRI), North America’s apparel company for babies and young children, announced Thursday that its Board of Directors has declared a quarterly dividend of $0.25 per share. The company has maintained consistent dividend payments for 13 consecutive years, with the current annual dividend yield standing at 3.82%.
The dividend will be payable on September 12, 2025, to shareholders of record at the close of business on August 26, 2025, according to a company press release.
The board stated that future declarations of quarterly dividends and the establishment of future record and payment dates will be at their discretion, based on various factors including business conditions, financial performance, investment priorities, and other considerations.
Carter’s operates more than 1,000 company-owned stores across the United States, Canada, and Mexico. The company markets its products under several brand names, including its flagship Carter’s and OshKosh B’gosh brands, as well as Child of Mine exclusively at Walmart, Just One You at Target, and Simple Joys on Amazon.
The company also offers products under emerging brands including Little Planet, Otter Avenue, and Skip Hop.
In other recent news, Carter’s Inc. reported its second-quarter earnings for 2025, which fell short of expectations. The company announced earnings per share of $0.17, significantly missing the projected $0.34, marking a 50% miss. However, Carter’s revenue exceeded estimates, reaching $585 million compared to the anticipated $563.37 million. Following these results, UBS adjusted its outlook on Carter’s by lowering the stock price target from $32.00 to $26.00, while maintaining a Neutral rating. UBS cited the disappointing financial performance as a reason for this adjustment. These developments reflect a mixed financial picture for Carter’s, with revenue surpassing forecasts but earnings falling short. Investors and analysts alike are closely monitoring the company’s performance amid these recent updates.
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