Carter's reported q4 adjusted non-gaap earnings per share of $2.81

Carter’s, inc. reports fourth quarter and fiscal 2019 results.q4 adjusted non-gaap earnings per share $2.81.q4 earnings per share $2.82.q4 earnings per share estimate $2.89 -- refinitiv ibes data.sees fy 2020 sales up 2 to 3 percent.qtrly net sales $1.1 billion, growth of 1.3%.sees q1 2020 adjusted earnings per share about $0.60.plans to source approximately 15% of its products from china in 2020.company's suppliers throughout asia source a significant amount of fabric from china.suppliers have not yet determined, with certainty, impact of production delays.financial impact of any delayed receipts from china is not known at this time.authorizes new $500 million share repurchase program and 20% increase in quarterly dividend to $0.60 per share.guidance for fy and q1 does not include any adjustments for potential effects of coronavirus situation.expect fy adjusted earnings per share will increase approximately 4% to 6% versus 2019.projects q1 2020 net sales will be comparable to q1 of fiscal 2019.forecast for q1 2020 adjusted eps excludes anticipated expenses of about $10 million to $12 million related to organizational restructurings.
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