Carter’s Increases Senior Notes Offering to $575M
Carter’s, Inc. has announced a $575 million senior notes offering, increasing the initial proposal by $75 million. The funds will be used to redeem existing notes due in 2027 and for general corporate purposes. The latest analyst rating for CRI stock is a Hold with a $34.00 price target, while Spark’s AI Analyst rates it as Outperform. Despite a low P/E ratio and high dividend yield indicating potential undervaluation, concerns about revenue growth and profitability persist. Carter’s is the largest apparel company for babies and young children in North America, operating over 1,000 stores.
Carter’s ( (CRI) ) just unveiled an announcement.
On October 29, 2025, Carter’s, Inc. announced the pricing of a $575 million senior notes offering by its subsidiary, The William Carter Company, marking a $75 million increase from the initial proposal. The proceeds from this offering will be used to redeem existing notes due in 2027, cover related fees, and for general corporate purposes, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (CRI) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Carter’s stock, see the CRI Stock Forecast page.
Spark’s Take on CRI Stock
According to Spark, TipRanks’ AI Analyst, CRI is a Outperform.
Carter’s overall stock score reflects a mix of strengths and challenges. The low P/E ratio and high dividend yield are significant positives, suggesting potential undervaluation. However, financial performance concerns, particularly in revenue growth and profitability, along with challenges highlighted in the earnings call, weigh on the score.
To see Spark’s full report on CRI stock, click here.
More about Carter’s
Carter’s, Inc. is North America’s largest apparel company exclusively for babies and young children, known for its trusted brands such as Carter’s and OshKosh B’gosh. The company operates over 1,000 stores across the United States, Canada, and Mexico, and also supplies major retailers like Walmart, Target, and Amazon with exclusive brands.
Average Trading Volume: 1,312,014
Technical Sentiment Signal: Sell
Current Market Cap: $1.14B
