Carter's Q2 earnings affected by higher cotton prices
03 Aug '11
3 min read
OshKosh B'gosh Brand Businesses
OshKosh retail segment sales increased $5.2 million, or 9.9%, to $57.1 million, driven by incremental sales of $4.9 million generated by new store openings and eCommerce sales and a comparable store sales increase of $1.1 million, or 2.2%. In the second quarter of fiscal 2011, the Company closed two OshKosh retail stores. As of the end of the second quarter, the Company operated 177 OshKosh retail stores.
OshKosh wholesale sales increased $4.3 million, or 38.0%, to $15.7 million driven by higher sales in both the wholesale and off-price channels.
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