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Fly News Breaks for March 26, 2018
CRI
Mar 26, 2018 | 06:14 EDT
B. Riley FBR analyst Susan Anderson believes the impact of Carter's closing 115 underperforming stores over next five years will have "significant" benefits to same-store-sales and margins. The analyst sees over 100 basis points benefit to total EBIT margin and over 3% benefit to total U.S. same-store-sales. She has a Buy rating on Carter's with a $127 price target.
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