Goldman Sachs Raises to Neutral from Sell on Carter’s, Inc. (CRI)

Carter’s, Inc. (NYSE:CRI) is one of the 15 Best Apparel Stocks to Buy in 2026.

On April 9, 2026, Goldman Sachs raised Carter’s, Inc. (NYSE:CRI) rating to Neutral from Sell, increasing the price objective to $38 from $29. The analyst said that the company could boost sales by gaining market share among households earning $50,000 to $200,000 while also improving digital marketing effectiveness to target younger and higher-income customers.

Carter’s, Inc. (NYSE:CRI) released fourth-quarter and fiscal 2025 results with Q4 net sales of $925 million, up 8%, diluted EPS of $1.76, and adjusted EPS of $1.90. The corporation achieved an operating margin of 9.2% and an adjusted margin of 9.7%. The company’s net sales grew by 2% in fiscal 2025, to $2.898 billion, with diluted EPS of $2.53, adjusted EPS of $3.47, and operating cash flow of $122 million. CEO Douglas Palladini noted that product and demand initiatives drove traffic and client acquisition. In fiscal 2026, the firm expects a low- to mid-single-digit increase in sales and operating income.

Goldman Sachs Raises to Neutral from Sell on Carter’s, Inc. (CRI)

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Carter’s, Inc. (NYSE:CRI) is in the business of brand marketing for young children’s apparel. Its brands include Carter’s, OshKosh B’Gosh, Little Planet, and Skip Hop. It operates in the following segments: United States retail, wholesale, and international.

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