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Carter’s sales soar in Q2
Carter’s credits its U.S. retail and international segments, and its new acquisition for a jump in its second quarter sales. Net income for the quarter ended July 1, increased $1.7 million, or 4.8%, to $37.9 million, compared to $36.2 million, in the second quarter of fiscal 2016. Earnings per diluted share was or $0.78, which beat analyst expectations of $0.71 per share, according to Zacks Investment Research.

