
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the apparel and accessories stocks, including Carter's (NYSE: CRI) and its peers.
Thanks to social media and the internet, not only are styles changing more frequently today than in decades past but also consumers are shifting the way they buy their goods, favoring omnichannel and e-commerce experiences. Some apparel and accessories companies have made concerted efforts to adapt while those who are slower to move may fall behind.
The 16 apparel and accessories stocks we track reported a strong Q3. As a group, revenues beat analysts’ consensus estimates by 1.8% while next quarter’s revenue guidance was 0.9% below.
In light of this news, share prices of the companies have held steady as they are up 4.8% on average since the latest earnings results.
Carter's (NYSE: CRI)
Rumored to sell more than 10 products for every child born in the United States, Carter's (NYSE: CRI) is an American designer and marketer of children's apparel.
Carter's reported revenues of $757.8 million, flat year on year. This print fell short of analysts’ expectations by 1.9%. Overall, it was a mixed quarter for the company with a solid beat of analysts’ EBITDA estimates but a miss of analysts’ revenue estimates.
“Our third quarter performance reflected continued improvement in U.S. Retail business demand as we achieved positive comparable sales and improved pricing for the second consecutive quarter,” said Douglas C. Palladini, Chief Executive Officer & President.

Interestingly, the stock is up 12.1% since reporting and currently trades at $36.28.
Is now the time to buy Carter's? Access our full analysis of the earnings results here, it’s free.
Best Q3: Figs (NYSE: FIGS)
Rising to fame via TikTok and founded in 2013 by Heather Hasson and Trina Spear, Figs (NYSE: FIGS) is a healthcare apparel company known for its stylish approach to medical attire and uniforms.
Figs reported revenues of $151.7 million, up 8.2% year on year, outperforming analysts’ expectations by 6.4%. The business had an incredible quarter with a beat of analysts’ EPS and EBITDA estimates.

The market seems happy with the results as the stock is up 54.7% since reporting. It currently trades at $11.64.
Is now the time to buy Figs? Access our full analysis of the earnings results here, it’s free.
Movado (NYSE: MOV)
With its watches displayed in 20 museums around the world, Movado (NYSE: MOV) is a watchmaking company with a portfolio of watch brands and accessories.
Movado reported revenues of $186.1 million, up 3.1% year on year, in line with analysts’ expectations. It was a softer quarter as it posted a significant miss of analysts’ EPS estimates.
Interestingly, the stock is up 17.3% since the results and currently trades at $22.79.
Read our full analysis of Movado’s results here.
Stitch Fix (NASDAQ: SFIX)
One of the original subscription box companies, Stitch Fix (NASDAQ: SFIX) is an online personal styling and fashion service that curates personalized clothing selections for customers.
Stitch Fix reported revenues of $342.1 million, up 7.3% year on year. This print beat analysts’ expectations by 1.5%. Overall, it was a very strong quarter as it also produced EBITDA guidance for next quarter exceeding analysts’ expectations and a beat of analysts’ EPS estimates.
The stock is up 12.6% since reporting and currently trades at $5.28.
Read our full, actionable report on Stitch Fix here, it’s free.
Columbia Sportswear (NASDAQ: COLM)
Originally founded as a hat store in 1938, Columbia Sportswear (NASDAQ: COLM) is a manufacturer of outerwear, sportswear, and footwear designed for outdoor enthusiasts.
Columbia Sportswear reported revenues of $943.4 million, up 1.3% year on year. This result surpassed analysts’ expectations by 2.7%. Aside from that, it was a slower quarter as it recorded full-year EPS guidance missing analysts’ expectations and a significant miss of analysts’ EPS estimates.
The stock is up 4.7% since reporting and currently trades at $53.92.
Read our full, actionable report on Columbia Sportswear here, it’s free.
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