8-K filing — CARTERS INC (CRI)
Filed: 2026-09-21 AccNo: 0001060822-26-000121 Size: 153 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
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Carter’s, Lucid and LCI Industries are oversold consumer discretionary stocks, with RSI near 30 and potential undervalued buying opportunities.
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Filed: 2026-09-21 AccNo: 0001060822-26-000121 Size: 153 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Carter's is implementing strategic initiatives including investments in core brands, e-commerce enhancements, omnichannel capabilities, and operational efficiency improvements to drive growth and offset tariff pressures. The company is also expanding its global presence through wholesale partnerships and licensing arrangements. Carter's shares have outperformed its industry despite recent declines, trading at a lower valuation multiple than peers.
BMO Capital analyst Kelly Crago initiates coverage on Carter's (NYSE:CRI) with a Outperform rating and announces Price Target of $40.
As the EV industry shifts toward robotaxi operations expected to reach scale by 2030, Lucid Group faces significant competitive disadvantages. Unlike Tesla and Rivian, Lucid lacks affordable vehicle models and sufficient production capacity to achieve economies of scale needed to supply robotaxi operators. This structural weakness makes it an unattractive investment despite Wall Street analyst support.
Lucid Group is edging lower Monday as investors weigh the EV maker's partnership with Bolt to deploy 25,000 Level 4 autonomous vehicles.
Lucid Group stock initially surged 6% after announcing a partnership with Estonian rideshare company Bolt to deploy 25,000 autonomous Lucid EVs in Europe and the Middle East, with plans to grow to 100,000 by 2035. However, the stock gave back gains as investors questioned whether Bolt has sufficient cash to fulfill the deal, requiring $1.78 billion for the initial order and $7.1 billion for the full 100,000 vehicles—equivalent to 80 years of Bolt's current operating cash flow.