Download the 2025 Report
2026 Carter’s, Inc. All rights reserved.
about carter’s
our brands
Our iconic brands1 have been trusted for generations and are focused on embracing the wonder of childhood while uplifting those shaping the future.
Parents have trusted Carter’s to create innovative, feature-focused clothing and accessories for over 160 years, and we’re committed to inspiring the next generation of caregivers as a new chapter begins.
An American icon with nostalgic appeal, OshKosh B’gosh is rooted in denim with an enduring cool. Our designers match timeless looks with modern vibes for styles that are always on trend.
Little Planet by Carter’s is a return to simplicity, offering responsibly made, sustainably sourced, heirloom-worthy essentials designed to be passed down through generations. Find thoughtful, versatile styles made with the organically grown cotton.
A go-to for baby’s first year (and beyond!), Skip Hop prides itself on developing award-winning, grow-with-baby essentials. From play time to snack time to bath time, our must-haves are designed to make parenting easier.
1
Carter’s has three exclusive brands: Carter’s Just One You at Target, Carter’s Child of Mine at Walmart, and Simple Joys by Carter’s at Amazon
carter’s at a glance
carter’s2 is the #1 baby apparel brand.3
2
Carter’s = Carter’s, Little Planet, Carter’s Just One You, Carter’s Child of Mine, Simple Joys by Carter’s, Otter Avenue.
3
Carter’s is the #1 baby apparel brand (ages 0-12 months) at 33% of the market. Source: Circana, Consumer Tracking Service, U.S. apparel dollar sales, 12 months ending December 2025.
As North America’s largest and most-enduring apparel company exclusively for babies and young children, Carter’s reaches a broad range of consumers around the world through our multi-channel global business model that includes retail stores, eCommerce, and wholesale channels, as well as omnichannel capabilities in the U.S. and Canada. We are a publicly traded company on the New York Stock Exchange listed under ticker symbol “CRI.” For more information on our financial results, please see our 2025 Annual Report.
a culture of integrity
At Carter’s, integrity isn’t just a value we promote; it’s the foundation of our operations and a standard by which we measure our success.
Our commitment to conducting business with high ethical standards is strengthened through comprehensive policies, rigorous training, and robust governance frameworks that support accountability at all levels.
For more information on these topics, please see our related materials linked at the bottom of our report webpage:
- Code of Ethics
- Supply Chain Disclosure Report for Canada, UK, and California
- Canadian Due Diligence Report
- Conflict Minerals Policy
- Corporate Social Responsibility Policy
- Environmental Policy
- Privacy Policy
- Restricted Substances List
- Vendor Code of Ethics
- ZDHC Manufacturing Restricted Substances List
financial highlights
consolidated net sales4
FY 2024
$0B
FY 2025
$0B
operating margin
0%
0%
diluted earnings per share
$0
$0
$0M
global income taxes paid5
$0M
incremental tariffs paid5
$0M
6
total giving7
>0
employee volunteer hours
4,5
Corresponds to fiscal year 2025.
6,7
Includes ~4.6M donated from the Carter’s Charitable Foundation, Inc.
our global value chain
Our value chain starts with the people and businesses involved in the production and distribution of our products and ends with our customers and the communities where we operate. Without owning raw materials or manufacturing facilities, we rely on a global network of third-party suppliers, primarily in Asia, to source our garments and other products. Our remaining suppliers are in North America, Central America, and Africa.
To optimize efficiency and manage manufacturing volume in Asia, our sourcing operations are based in Hong Kong, with additional support in Vietnam, Cambodia, India, and Bangladesh. A full list of our Tier 1 suppliers can be found in the footer on our website.
major sourcing locations
Vietnam
Cambodia
Bangladesh
India
Brazil
Australia
U.S.
carter’s value chain
raw materials
Provide the fibers used in our products, such as cotton and polyester.
mills & manufacturers
Process raw materials and combine components into final products families know and love.
transport
Drive, fly, and ship our products from our manufacturers to our distribution centers.
distribution centers
Store and distribute our products to the right stores or customers through fulfilling ecommerce orders.
stores & wholesalers
Host our products so customers can find the right styles, fit, and accessories for their families.
Customers
Buy our products that align with their needs, style, and values.
During fiscal year 2025, approximately 71% of our product was sourced from Vietnam, Cambodia, Bangladesh, and India. Approximately 97% of the cotton fiber that was used in the manufacturing of our products during fiscal year 2025 was sourced from India, Brazil, Australia, and the U.S. Sixteen percent of this total was sourced in the U.S.
esg rankings & ratings
CDP score
B
ISS ESG corporate rating
C
MSCI
AA
S&P global
46
Sustainalytics ESG risk rating
14.9 low
memberships & trade associations
Carter’s believes that collaborative effort is essential for creating lasting positive change. Our strategic partnerships and industry associations enable us to drive innovation, influence policy, and collaborate on solutions to complex industry challenges, particularly in sustainability and responsible business practices.
American Apparel & Footwear Association (AAFA)
Member since 1970
Our membership provides Carter’s a seat at the table in navigating the industry’s complex regulatory landscape. Carter’s Chief Supply Chain Officer, Karen Smith, was an AAFA Board Member in 2025.
Cascale (formerly Sustainable Apparel Coalition)
Member since 2021
Through our membership, we gain insights on how to best manage environmental resources in the manufacturing of our products and continue to challenge ourselves to create a more sustainable future.
National Retail Federation (NRF)
Member since 2023
Carter’s membership allows us to benefit from NRF’s intelligence-sharing community and platform. Carter’s EVP, Chief Information & Technology Officer, Raghu Sagi, is a member of the NRF’s CIO Council, and our Chief Information Security Officer, Kemper Seay, is a member of the CISO Council.
Nirapon
Member since 2021
Carter’s membership helps our suppliers’ factories create a sustainable culture of safety by providing guided and supported maintenance, monitoring, and reporting processes.
Retail Industry Leaders Association (RILA)
Member since 2017
Through collaboration and thought leadership, the group advances ideas that foster free markets, competition, economic growth, and sustainability. Carter’s SVP, General Counsel, Secretary, Corporate Social Responsibility (CSR), and Chief Compliance Officer, Antonio Robinson, is a member of RILA’s ESG Executive Committee.
Additionally, our Chief Retail and Digital Officer, Allison Peterson, is a member of RILA’s Chief Store Officer Council.