Carter’s, Inc. (NYSE:CRI) shares slipped on Friday after weak earnings and mounting tariff concerns clouded the retailer’s outlook. The company reported second-quarter adjusted earnings per share of 17 cents, missing the analyst consensus estimate of 34 cents.
Quarterly sales of $585.31 (+4% year over year) million outpaced the Street view of $561.14 million. The company’s adjusted operating income decreased to $11.8 million in the quarter under review, down from $39.5 million in the year-ago period.
