Q4 2022 Fiscal Achievements
Non-GAAP Adjustments¹
As reported (GAAP)
Intangible asset impairment
COVID-19 expenses
Restructuring benefit
Store lease impairment benefit
Total adjustments
As adjusted
As reported (GAAP)
Loss on extinguishment of debt
Intangible asset impairment
COVID-19 expenses
Restructuring costs
Store lease impairment benefit
Total adjustments
As adjusted
9.0
$118.5 13.0%
Operating % Net
2022
Pre-Tax Net Diluted
Income Sales Income Income EPS
$109.5 12.0% $100.5 $80.2 $2.11
0.18
9.0
9.0
6.9
Operating % Net
Income Sales
$379.2 11.8%
9.0
$ in millions, except EPS
9.0
$388.2
9.0
$109.5
2022
Pre-Tax
Income
$316.7
19.9
9.0
28.9
12.1% $345.7
6.9
$87.0
Fourth Quarter
15.2
6.9
0.18
$2.29
Net Diluted
Income EPS
$250.0 $6.34
0.38
0.17
Operating % Net
Income Sales
$138.0 13.0%
Fiscal Year
22.0 0.56
$272.0 $6.90
-
¹ Certain measures are presented on an adjusted basis, a non-GAAP presentation; see reconciliation to GAAP in appendix.
Note: Results may not be additive due to rounding.
0.4
(0.1)
(0.4)
(0.1)
$137.9
Operating % Net
Income Sales
$497.1 14.3%
3.9
2.4
(2.6)
3.7
13.0%
$500.8
carter's
2021
Pre-Tax
Net Diluted
Income Income EPS
$123.5
$97.0 $2.31
-
0.4
0.3
(0.1)
(0.1)
(0.4)
(0.3)
(0.1) (0.1)
$123.4
0.01
(0.01)
$96.9 $2.31
3.9
3.0
2.4
1.8
(2.6)
(2.0)
2.8
3.7
14.4% $442.0 $342.5
2021
Pre-Tax Net Diluted
Income Income EPS
$438.3 $339.7 $7.81
0.07
0.04
(0.05)
0.06
$7.87
4View entire presentation