American firm Carter’s revenue at $2.95 bn in FY23

American company Carter’s reported a decline in FY23 net sales by 8.3 per cent to $2.95 billion across all segments.
Operating income fell 14.7 per cent to $323.4 million in FY23, with net income down 7 per cent to $232.5 million.
In Q4 FY23, the company saw improvement in operating income by 24.2 per cent and net income up by 32.8 per cent.

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