Mohsin Bashir
Carter's Inc
CRI-N
TOP PICK
Mar 18, 2015
80% of new moms shop at this store. The big push for this company is being able to drive international sales. Right now 90% of their sales are in the US. Management initiated a dividend in 2013, and at the top of every year have been increasing it. The most recent one was a 19% increase. The near term push for this is going to be 80 more new stores in Canada over the next 5 years, and the long-term push is going to be China. They are a supplier to Wal-Mart (WMT-N) and Costco (COST-Q). Yield of 0.96%.
(Top Pick Mar 18/15, Up 6.73%)Every household with kids shop for this brand of clothing. They supply a lot of discount retailers under different names. The expansion into Canada is hampered by the currency. They are expanding into China who now has a two child per family allowance.
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80% of new moms shop at this store. The big push for this company is being able to drive international sales. Right now 90% of their sales are in the US. Management initiated a dividend in 2013, and at the top of every year have been increasing it. The most recent one was a 19% increase. The near term push for this is going to be 80 more new stores in Canada over the next 5 years, and the long-term push is going to be China. They are a supplier to Wal-Mart (WMT-N) and Costco (COST-Q). Yield of 0.96%.