Carter's, Inc. (CRI) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Carter's Second Quarter Fiscal 2026 Earnings Conference Call. On the call are Sharon Price-John, Chief Executive Officer and President, Richard Westenberger, 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 second quarter 2026 earnings release earlier today. The release and presentation materials for today's call are available on our investor relations website at ir.carters.com. Note that 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 Sharon. Thank you, TC. Good morning, everyone, and welcome. I'm delighted to be here with you for my first earnings call with Carter's. The team did a great job in the second quarter, delivering solid results against the backdrop of a complex macroeconomic environment. Richard and Allison will walk you through our performance in more detail, but at a high level, we exceeded our second quarter outlook. Net sales grew for the third consecutive quarter, up 5% over prior year, and adjusted operating profit increased 54%. We continued our positive ...