Carter’s Inc. fourth-quarter earnings increased an unexpected 5.8 percent. In the wake of narrower margins and the rising cost of raw materials, labor and transportation, the apparel brand anticipated a lower profit. A company spokesperson says the namesake brand and OshKosh B’Gosh experienced steady sales, helped by the ongoing demand for baby and children’s apparel.
Carter’s Inc. fourth-quarter earnings increased an unexpected 5.8 percent. In the wake of narrower margins and the rising cost of raw materials, labor and transportation, the apparel brand anticipated a lower profit. A company spokesperson says the namesake brand and OshKosh B’Gosh experienced steady sales, helped by the ongoing demand for baby and children’s apparel.
Leave a Comment: