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How Carter's (CRI) makes money
Carter's (CRI) made $752M of revenue in the third quarter 2026 (Q3 2026), -0.7% from a year earlier. U.S. Retail brought in $363M (48%); U.S. Wholesale brought in $273M (36%); International brought in $117M (16%). Of every dollar of revenue, 47¢ was left as gross profit, 7¢ was left as operating profit, 5¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| U.S. Retail | $363M | 48.2% | +19% | +0.1% |
| U.S. Wholesale | $273M | 36.3% | +27% | -4% |
| International | $117M | 15.5% | +23% | +4% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $752M | 100.0% |
| Cost of revenue | $398M | 52.9% |
| Gross profit | $355M | 47.1% |
| Operating expenses | $299M | 39.7% |
| Operating profit | $55.8M | 7.4% |
| Income tax | $11.8M | 1.6% |
| Net earnings | $36.6M | 4.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $752M | -0.7% |
| Q2 2026 | $615M | +5% |
| Q1 2026 | $681M | +8% |
| Q4 2025 | $925M | +8% |
| Q3 2025 | $758M | -0.1% |
| Q2 2025 | $585M | +4% |
| Q1 2025 | $630M | -5% |
From Carter's 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does Carter's make money?
Carter's (CRI) made $752M of revenue in the third quarter 2026 (Q3 2026), -0.7% from a year earlier. U.S. Retail brought in $363M (48%); U.S. Wholesale brought in $273M (36%); International brought in $117M (16%). Of every dollar of revenue, 47¢ was left as gross profit, 7¢ was left as operating profit, 5¢ was left as net earnings.
What is Carter's biggest business?
U.S. Retail: $363M in the third quarter 2026, 48% of revenue, +0.1% from a year earlier.
What is Carter's profit margin?
Net earnings were $36.6M, 4.9% of revenue, in the third quarter 2026; the operating margin was 7.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.