Carter's, Inc. (CRI) announced its first-quarter 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. However, on a year-over-year basis, the company’s sales and earnings declined.Carter’s shares plummeted more than 10% on Friday after the company reported weak first-quarter 2025 results and announced the suspension of its financial guidance. This decline was also attributed to the recent CEO transition, as the new leadership team is likely to take time to fully assess the busin ...