Carter's reports q1 adjusted loss per share of $0.81

Carter’s, inc. reports first quarter fiscal 2020 results.q1 adjusted non-gaap loss per share $0.81.q1 loss per share $1.82.q1 sales $654 million versus refinitiv ibes estimate of $674.9 million.q1 earnings per share estimate $0.24 -- refinitiv ibes data.suspends quarterly dividend.plan to begin reopening some stores later this week.believes has sufficient liquidity for foreseeable future to maintain operations.says has drawdown substantially all of its $750 million credit facility.is not providing fiscal 2020 sales and earnings guidance at this time.not providing fiscal 2020 sales and earnings guidance at this time.carter's says has reduced planned capex; announced temporary salary and furlough and reductions of office-based employees.
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