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Carter's CRI Customer relationships, net

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Other financials

Income statement

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Revenue$681.1M+8.1%
Gross profit$293.9M+1.0%
Operating income$28.4M+9.0%
Net income$14.3M-7.7%
EPS (diluted)$0.39-9.3%

Balance sheet

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Cash & equivalents$473.4M+47.6%
Total debt$1.2B+6.6%
Total equity$928.5M+9.6%
Total assets$2.5B+6.5%

Cash flow

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Operating cash flow$6.4M+113%
CapEx$7.0M-32.7%
Free cash flow-$543.0K+99.1%

Valuation

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Market cap$1.47B+67.6%
Enterprise value$2.19B+31.8%
P/E16.2×+9.7×
P/S0.5×+0.2×

Profitability

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Gross margin44.7%-3.0pp
Operating margin5%-3.1pp
Net margin3.1%-2.7pp
FCF margin4.3%-3.6pp

Returns & leverage

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Return on equity10.2%-9.1pp
Debt / equity1.3×0.0×
Current ratio2.8×+0.2×

Where this comes from

Reported directly by Carter's in its filing.

Tagged under the XBRL concept cri:IntangibleAssetsNetExcludingGoodwillCustomerRelationships.

The source filing: Carter's’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 12:08 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0001060822-26-000071
Line itemApril 4, 2026January 3, 2026March 29, 2025
Operating lease assets578,585591,806568,856
Tradenames, net268,600268,659268,836
Goodwill208,413208,994207,125
Customer relationships, net19,24920,12822,672
Other assets18,64318,80336,057
Total assets$2,484,155$2,565,470$2,331,800
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Carter's's customer relationships, net?
Carter's (CRI) reported customer relationships, net of $19.25M in Q1 2026.
How has Carter's's customer relationships, net changed year-over-year?
Carter's's customer relationships, net decreased by 15.1% year-over-year, from $22.67M to $19.25M.
What is the long-term trend for Carter's's customer relationships, net?
Over 5 years (2020 to 2025), Carter's's customer relationships, net has grown at a -11.7% compound annual growth rate (CAGR), from $37.51M to $20.13M.
What does customer relationships, net mean?
This metric represents the net book value of identifiable intangible assets related to customer relationships, excluding goodwill, recorded on the balance sheet. It reflects the capitalized value of acquired customer bases that are expected to generate future economic benefits through recurring revenue or brand loyalty. Investors monitor this value to assess the company's investment in maintaining and leveraging its established customer network over time.

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