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34.82
0.00 (0.00%)
The closure of the Strait of Hormuz creates a broad supply chain shock for companies reliant on Asian manufacturing. Apparel-heavy retailers like Carter's, Oxford Industries, Kontoor Brands, and Gap Inc. already face margin pressure due to existing tariffs.
CRI posts strong retail growth in the fourth quarter, but tariff-driven costs hit margins as pricing and productivity moves aim to offset pressure.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
CRI's retail momentum strengthens with rising sales, digital engagement and baby category growth driving positive comps.
CRI stock rises after a Q4 beat as sales climbed 7.6%, fueled by strong e-commerce demand, higher store traffic and growth across retail, wholesale and international.
Carter's (CRI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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