ATLANTA (AP) — ATLANTA (AP) — Carter’s Inc. (CRI) on Friday reported profit of $38 million in its first quarter.
On a per-share basis, the Atlanta-based company said it had net income of $1.02.
The maker of children’s apparel and accessories posted revenue of $661.5 million in the period.
For the current quarter ending in June, Carter’s expects its per-share earnings to range from 35 cents to 45 cents.
The company said it expects revenue in the range of $560 million to $570 million for the fiscal second quarter.
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