The children’s apparel retailer narrowed its annual revenue growth forecast after reporting solid Q2 results amid macroeconomic challenges.
Carter’s Inc. projected third-quarter net sales of approximately $750M while reducing its full-year growth outlook to 2%-3%. The adjustment follows a quarter where the company exceeded expectations despite a complex economic environment.
The revised forecast compares with prior guidance and reflects ongoing macroeconomic pressures. The company previously reported stronger-than-anticipated performance in its latest earnings call, though it did not disclose specific prior growth targets.
Management highlighted solid results in a challenging backdrop but did not detail immediate market reactions to the updated outlook.