Carter's Inc.
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Range $38 – $42
Price Chart
About the company
Carter's, Inc. , together with its subsidiaries, designs, sources, and markets branded childrenswear in the United States and internationally. It operates through three segments: U.
- CEO
- Sharon Price John
- IPO
- 2003
- Employees
- 15,400
- HQ
- Atlanta, GA, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $1.34B
- P/E
- 6.60
- Fwd P/E
- 11.11
- PEG
- 0.14
- P/S
- 0.45
- P/B
- 1.25
- EV/EBITDA
- 5.59
- Div Yield
- 2.76%
- Gross Margin
- 48.60%
- Op Margin
- 9.24%
- Net Margin
- 6.55%
- ROE
- 20.84%
- ROIC
- 9.57%
Latest fiscal year · YoY change
- Revenue
- $2.90B+1.9%
- Gross Profit
- $1.31B-3.7%
- Op Income
- $143.93M
- Net Income
- $91.80M-50.5%
- EPS
- $2.59-49.4%
- OCF Growth
- -59.1%
- FCF Growth
- -71.7%
- 52W High
- $44.44
- 52W Low
- $24.71
- 50D MA
- $39.83
- 200D MA
- $36.29
- Beta
- 0.85
- RSI (14)
- 35
- Avg Volume
- 952.20K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Asure posted 23% revenue growth in Q2 2026, expanded margins, and raised full-year guidance as recurring revenue, AI-driven automation, and managed services momentum accelerated.· July 31, 2026
- Q2 revenue was $37.1 million, up 23% year over year, with recurring revenue of $34 million, up 19%, and recurring mix at about 91% of total revenue.
- Gross profit was $25.1 million; GAAP gross margin was 68% versus 66% last year, and non-GAAP gross margin stayed at 73%.
- Adjusted EBITDA was $7.7 million, up 48% year over year, with adjusted EBITDA margin improving to 21% from 17%.
- Management raised full-year 2026 guidance to $159 million-$163 million of revenue and 24%-25% adjusted EBITDA margin, while Q3 revenue guidance was $38 million-$40 million and adjusted EBITDA $8 million-$10 million.
- The company highlighted progress on AsureCentral, AsureWorks, and Luna AI, plus 2 million Vensure-supported employees now live on the payroll tax platform.
Asure reported Q2 2026 revenue of $37.1 million, up 23% from $30.1 million in Q2 2025. Recurring revenue was $34 million, up 19% year over year, and represented about 91% of total revenue; professional services, hardware and other revenue was $3.2 million versus $1.5 million last year. Gross profit was $25.1 million versus $19.9 million, GAAP gross margin was 68% versus 66%, non-GAAP gross margin was 73% unchanged, net loss was $4.4 million versus $6.1 million, EBITDA was $4.6 million versus $1.4 million, and adjusted EBITDA was $7.7 million versus $5.2 million. For the full year 2026, management raised guidance to revenue of $159 million-$163 million and adjusted EBITDA margin of 24%-25%; Q3 guidance is revenue of $38 million-$40 million and adjusted EBITDA of $8 million-$10 million. The company ended Q2 with $19.7 million of cash and cash equivalents and $68.9 million of total debt, and continues to expect positive levered free cash flow in the mid to high teens range for the full year.
Pat Goepel said the quarter showed the platform strategy is working, citing broad-based growth, stronger organic growth than a year ago, and expanding multi-product adoption. He emphasized AsureCentral reaching a majority of direct clients, AsureWorks gaining traction, and Luna AI helping both revenue opportunities and service efficiency. His tone was upbeat and confident, repeatedly pointing to a stronger second half, double-digit organic growth aspirations, and increasing optimism for 2027.
John Pence focused on the financial mix shift toward recurring revenue and improving profitability. He cited Q2 revenue of $37.1 million, gross profit of $25.1 million, adjusted EBITDA of $7.7 million, and a 21% adjusted EBITDA margin, then raised full-year revenue guidance to $159 million-$163 million and margin guidance to 24%-25%. He also noted $19.7 million of cash, $68.9 million of debt, expected positive levered free cash flow in the mid to high teens range, and a roughly $600,000 revenue headwind in the first half of 2027 from Lathem’s hardware-as-a-service transition.
Analysts pressed on how much AI can reduce costs versus create revenue, and management said the opportunity is still early but already helping with intent data, cross-sell, sentiment analysis, and customer service triage. They also asked why second-half organic growth guidance implied less than double digits on the headline number; Pat explained that tougher comparisons on non-recurring professional services, especially tax work, mute the top-line rate even as recurring organic growth should stay strong. Other questions focused on sales hiring, multi-product attach, AsureWorks differentiation, Lathem cross-sell, and M&A; management said they are about 10 reps short of the 150 goal, see attach rates improving, believe AsureWorks is differentiated by combining software, AI, and managed services without PEO risk, and do not have acquisitions included in guidance.
The bullish case is that Asure is shifting toward a higher-quality recurring revenue base while still growing quickly, with recurring revenue up 19%, adjusted EBITDA up 48%, and margin expanding by 400 basis points. Management also pointed to meaningful operating leverage from AI, stronger cross-sell, AsureCentral adoption, AsureWorks traction, and a large pipeline in payroll tax and managed services.
The main risks are that headline growth still depends partly on non-recurring work that management says will be a weaker compare in the back half, which could keep reported growth below the underlying recurring trend. There is also execution risk around reaching the 150-sales-rep target, converting the $80 million backlog, and managing the Lathem hardware-to-HaaS transition, which management said will create a $600,000 revenue headwind in the first half of 2027.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 94.6%
- Shares Outstanding
- 36.85M
- Float Shares
- 34.85M
of shares held by institutions
283 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for CRI, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Ro KhannaHouse · CA17 | Sell | Oct 16, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Sep 3, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Feb 23, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Feb 23, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Feb 21, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Feb 22, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Feb 27, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jan 24, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jan 17, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jan 17, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jan 25, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jan 16, 24 | Filing → |
| Ro KhannaHouse · CA17 | Sell | May 23, 23 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Apr 10, 23 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Blackrock, Inc. | 5.82M | ▲ 348.84K |
| Vanguard Group Inc | 4.12M | ▼ 102.46K |
| Dimensional Fund Advisors LP | 1.91M | ▲ 139.94K |
| Allianz Asset Management Gmbh | 1.89M | ▲ 70.30K |
| Vanguard Capital Management LLC | 1.56M | ▲ 32.44K |
| State Street Corp | 1.50M | ▼ 12.97K |
| Rwwm, Inc. | 1.44M | ▼ 898.31K |
| American Century Companies Inc | 1.36M | ▼ 25.40K |
| Ameriprise Financial Inc | 1.24M | ▲ 618.22K |
| Goldman Sachs Group Inc | 1.04M | ▲ 99.41K |
| Citadel Advisors LLC | 997.43K | ▲ 446.14K |
| Geode Capital Management, LLC | 933.74K | ▲ 49.67K |
Held by 311 ETFs
Biggest fund positions in CRI by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 12, 26 | Smith Karen Marie | other | 1,124 |
| Aug 9, 26 | Peterson Allison | other | 4,426 |
| Aug 8, 26 | Scanlon Emily DeHaven Evert | other | 8,743 |
| Aug 8, 26 | Crockett Sarah | other | 2,842 |
| Jun 15, 26 | John Sharon Price | other | 93,302 |
| Jun 15, 26 | John Sharon Price | other | 62,204 |
| Jun 15, 26 | John Sharon Price | other | 0 |
| Jun 12, 26 | Westenberger Richard F. | sell | 250 |
| Jun 5, 26 | Eagle Jevin | other | 12.066 |
| May 14, 26 | Hipp Mark | other | 4,266 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our CRI coverage
Recent articles, reports, and earnings notes.
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