Growth in distribution channels foster Carter's Q4 sales 51%
22 Feb '06
1 min read
Largest branded marketer in the United States of apparel exclusively for babies and young children, Carter's Inc reported its fourth quarter and fiscal 2005 results.
As noted in its press release dated July 14, 2005, Carter's Inc acquired all of the outstanding common stock of OshKosh B'Gosh Inc for a purchase price of $312.1 million.
As part of financing the Acquisition, the Company refinanced its existing debt, including its former senior credit facility, and repurchased all of its 10.875 percent Senior Subordinated Notes due 2011.
Results for fiscal 2005 include OshKosh's results for the period from July 14, 2005 through December 31, 2005, whereas the results for fiscal 2004 reflect the Company's results on a stand-alone basis.
marketing@alchempro.com
