Carter's Inc, the largest branded marketer in the United States of apparel exclusively for babies and young children reported its third quarter fiscal 2007 results.
Third Quarter of Fiscal 2007 compared to Third Quarter of Fiscal 2006: Consolidated net sales increased 4.8% to approximately $410.9 million. Net sales of the Company's Carter's brands increased 5.4% to $320.0 million. Net sales of the Company's OshKosh brand increased 2.8% to $91.0 million.
The Company's wholesale sales increased 5.1% to $178.1 million. Carter's wholesale sales, excluding off-price sales of $6.0 million in the third quarter of fiscal 2007 and $9.0 million in the third quarter of fiscal 2006, increased 6.9% to $144.0 million.
OshKosh wholesale sales, excluding off- price sales of $1.0 million in each of the third quarters of fiscal 2007 and 2006, increased 9.9% to $27.2 million.
The Company's mass channel sales, which are comprised of sales of its Child of Mine brand to Wal-Mart and Just One Year brand to Target, increased $1.3 million, or 1.9% to $67.6 million.
This increase was driven by a 6.5% increase in sales of our Just One Year brand, or $1.5 million. Sales from our Child of Mine brand were comparable to the third quarter of fiscal 2006.
Consolidated retail store sales increased 5.8% to $165.2 million. Carter's retail store sales increased 9.6% to $102.4 million, driven by sales of $5.4 million from new stores and a comparable store sales increase of $3.8 million, or 4.1%.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
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