>>
Home / Knowledge / News / Apparel/Garments / Carter's wholesale sales boost 32.4% to $131 mn for Q1

Carter's wholesale sales boost 32.4% to $131 mn for Q1

26
Apr '06
Largest branded marketer of apparel exclusively for babies and young children, Carter's Inc reported its first quarter results for fiscal 2006.

As noted in its press release dated July 14, 2005, Carter's Inc acquired all of the outstanding common stock of OshKosh B'Gosh Inc for a purchase price of $312.1 million (the "Acquisition").

As part of financing the Acquisition, the Company refinanced its existing debt (the "Refinancing"), including its former senior credit facility, and repurchased all of its 10.875 percent Senior Subordinated Notes due 2011 (the "Notes").

Results for the first quarter of fiscal 2006 include OshKosh for the entire period, while results for the first quarter of fiscal 2005 do not include OshKosh.

First Quarter 2006 compared to First Quarter 2005
Net sales increased 43.8 percent to $296.4 million. Excluding OshKosh sales of $71.0 million, net sales increased 9.3 percent to $225.4 million. The Company's wholesale sales increased 32.4 percent to $131.0 million.

Excluding OshKosh wholesale sales of $28.7 million, wholesale sales increased 3.4 percent to $102.3 million.

The Company's mass channel sales, which are comprised of sales of our Child of Mine and Just One Year brands, increased 36.8 percent to $54.0 million.

Our Genuine Kids from OshKosh brand is sold at Target under a licensing arrangement, the income from which is included in royalty income and has no impact on mass channel sales.


Must ReadView All

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Pic: Airlines IATA

Textiles | On 18th Jan 2022

Supply chain disruptions stall global cargo growth in Nov 2021: IATA

Data for global air cargo markets have revealed slower growth in...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Philippine garment-textile industry seeks govt support to protect jobs

The Clothing and Textile Industry Tripartite Council (CTITC) in the...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Consistency is the first rule of social media

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Shivendra Nigam,

Shivendra Nigam

Delhi-headquartered Cantabil Retail India Ltd was founded by Vijay Bansal...

Susanna Koelblin,

Susanna Koelblin

Founded in 1920, Eastman is a global specialty materials company that...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Christopher Astley, INDA

Christopher Astley
INDA

<font face="Arial, sans-serif"><span style="font-size: 16px;">INDA,...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

<b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

Bav Tailor, Label Bav Tailor

Bav Tailor
Label Bav Tailor

Born in London and Indian by origin, <b>Bav Tailor </b>is the Founder of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

The LYCRA Company Singapore  Pte. Ltd
LC Waikiki
Desigual - ABASIC, S.A.
KIABI
C;&A Sourcing International Ltd
Vardhman Textile Ltd
Sateri (Jiujiang) Fiber Co.,Ltd
Page Industries Limited (Bangalore)
Gap International Sourcing Limited
Under Armour Global Sourcing Ltd
Calvin Klein
Hirdaramani International Export Private Limited
Gatsby Africa
Etam Group Strategy Hong Kong Limited
Phong Phu international JSC (PPJ)
Boardriders Asia Sourcing Limited
Lifestyle
J ;& P Coats

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search