ATLANTA, June 7 /PRNewswire-FirstCall/ -- Carter's, Inc. (NYSE: CRI), the largest branded marketer of baby and young children's apparel in the United States, announced today that management will be presenting at the Credit Suisse First Boston Conference at 2:45 p.m. ET, Monday, June 14, 2004. This event will be held in New York City.
The investor presentation by Carter's management will be available via a live webcast. A link to the webcast can be found at the investor relations section on the Company's website, http://www.carters.com. The event will be available for replay for a period of 30 days using the same link.
Carter's, Inc., which completed an initial public offering in October of 2003, posted revenues of $703.8 million in 2003, up 21 percent over the prior year. Carter's is the nation's largest branded marketer of children's apparel for ages newborn to six years old. Carter's branded products are sold through over 4,000 department and national chain stores and through its 172 retail stores. Carter's Child of Mine and Tykes brands are sold to Wal*Mart and Target, respectively.
For more information on Carter's, please visit http://www.carters.com.
Statements contained herein that relate to the Company's future performance, including, without limitation, statements with respect to the Company's anticipated results of operations or level of business for 2004 or any other future period, are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include a decrease in sales to or the loss of one or more of the Company's key customers, downward pressure on the Company's prices, disruptions in foreign supply sources, negative publicity, the loss of one or more of the Company's major suppliers for raw materials, increased competition in the baby and young children's apparel market, the Company's leverage which increases the Company's exposure to interest rate risk and could require the Company to dedicate a substantial portion of its cash flow to repay principal, the impact of governmental regulations and environmental risks applicable to the Company's business, and seasonal fluctuations in the children's apparel business. These risks are described in the Company's final prospectus dated October 23, 2003 under the headings "Risk Factors," "Business-Competition; Certain Risks" and "Statement Regarding Forward-Looking Statements." The Company undertakes no obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise.
SOURCE Carter's, Inc.
CONTACT: Eric Martin, Director of Investor Relations of Carter's, Inc.,
Web site: http://www.carters.com