06:42 AM EST, 02/25/2025 (MT Newswires) -- Carter's (CRI) reported fiscal Q4 adjusted net income Tuesday of $2.39 per share, down from $2.76 a year earlier.

Analysts polled by FactSet expected $1.92.

Net sales for the quarter ended Dec. 28 were $859.7 million, up from $857.9 million a year earlier.

Analysts surveyed by FactSet expected $837.7 million.

Carter's said it expects fiscal Q1 adjusted diluted EPS of $0.45 to $0.55 on net sales between $615 million to $625 million. Analysts polled by FactSet expect $0.88 and sales of $653 million.

The company said it expects fiscal 2025 adjusted diluted EPS in the range of $3.20 to $3.80. Analysts polled by FactSet expect $4.87.

Net sales for the fiscal year are projected to be between $2.78 billion to $2.86 billion, the company said. Analysts surveyed by FactSet expect $2.81 billion.

The company said it has also maintained a quarterly cash dividend of $0.80 per share, payable on March 28 to shareholders of record on March 10.

Shares of the company were down nearly 10% in recent Tuesday premarket activity.

Price: 47.00, Change: -5.06, Percent Change: -9.7