Carter's, Inc. (CRI) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Carter's first quarter fiscal 2026 earnings conference call. On the call are Richard Westenberger, interim chief executive officer and president, chief financial officer and chief operating officer. Allison Peterson, chief retail and digital officer and TC Robillard, vice president investor relations. Please note that today's call is being recorded. I'll now turn the call over to TC Robillard. Thank you. Good morning, everyone. We issued our first quarter 2026 earnings release earlier today. The release and presentation materials for today's call are available in our investor relations website at ir.cotters.com. Note that the statements on today's call about items such as the company's expectations and plans are forward-looking statements. For a discussion of factors that could cause actual results to vary from those contained in the forward-looking statements, please see our most recent SEC filings as well as the earnings release and presentation materials posted on our website. In these materials, you will also find reconciliations of various non-GAAP financial measurements referenced during this call. After today's prepared remarks, we will take questions as time allows. I will now turn the call over to Richard. Thank you, TC. Good morning, everyone. We appreciate you joining us on the call this morning for an update on our business. And I'm pleased to have my colleague, Alison Peterson, who leads our North American direct-to-consumer businesses, joining me today to provide her thoughts. As usual, we have a lot going on here at Carter's. As I'm sure many of you saw, we announced a leadership transition last week. Doug Palladini has departed as our CEO. We have continued progress to report today, and I'd like to thank Doug for his leadership and contribu...