Carter's Inc. Files 8-K for Material Definitive Agreement

Ticker: CRI · Form: 8-K · Filed: Nov 18, 2025 · CIK: 1060822

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation, filing

TL;DR

Carter's Inc. just filed an 8-K for a material definitive agreement - watch for financial updates.

AI Summary

On November 17, 2025, Carter's Inc. entered into a material definitive agreement, likely related to financial obligations. The filing also includes financial statements and exhibits, indicating a significant financial event for the company. The specific details of the agreement and its financial implications are not fully disclosed in this initial summary.

Why It Matters

This filing signals a significant financial event for Carter's Inc., potentially impacting its financial obligations and future operations. Investors should monitor for further details on the agreement.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and financial obligations, which could carry significant financial risk depending on the terms.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement filed by Carter's Inc. on November 17, 2025?

The filing indicates Carter's Inc. entered into a material definitive agreement on November 17, 2025, and it also constitutes the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details of the agreement are not provided in the summary.

What other items are included in this 8-K filing besides the material definitive agreement?

In addition to the material definitive agreement, the filing includes financial statements and exhibits.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on November 17, 2025.

What is the Commission File Number for Carter's Inc.?

The Commission File Number for Carter's Inc. is 001-31829.

What is the state of incorporation for Carter's Inc.?

Carter's Inc. is incorporated in Delaware.

Filing Stats: 1,373 words · 5 min read · ~5 pages · Grade level 12.4 · Accepted 2025-11-18 06:07:45

Key Financial Figures

Filing Documents

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On November 17, 2025, The William Carter Company (the "Company"), a wholly-owned subsidiary of Carter's, Inc. ("Carter's"), entered into a new five-year senior secured asset-based revolving credit facility of up to $750 million (the "ABL Facility"). The ABL Facility replaced the Company's existing secured revolving credit facility. Borrowings under the ABL Facility will mature, and lending commitments thereunder will terminate, five years after the closing date of the ABL Facility. The ABL Facility consists of a $750 million U.S. dollar revolving credit facility, up to $100 million of which may be drawn in Canadian dollars, Euros, Pounds Sterling, or other currencies agreed to by the applicable lenders. The ABL Facility is inclusive of a $100 million sub-limit for letters of credit and a swing line sub-limit equal to $50 million. Up to $40 million of letters of credit under the ABL Facility may be drawn in Canadian dollars, Euros, Pounds Sterling, or other currencies agreed to by the applicable lenders. The Company and the Company's wholly-owned subsidiary, The Genuine Canadian Corp., are both borrowers ("borrowers") under the ABL Facility. The ABL Facility provides the borrowers with the right to request additional U.S. dollar commitments in an aggregate amount not to exceed the sum of (x) $150.0 million and (y) the amount by which the borrowing base exceeds the total commitments at such time. The ABL Facility provides for an excess availability-based pricing grid which determines an interest rate for borrowings, calculated as the applicable floating benchmark rate plus a credit spread adjustment, if any, plus an amount ranging from 1.25% to 1.50% based on average daily excess availability. The ABL Facility is unconditionally guaranteed by Carter's and certain of the borrowers' existing direct and indirect domestic subsidiaries. Generally, obligations under the ABL Facility, and the guarantees of those obl

03 Creation of a Direct Financial Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item 2.03 Creation of a Direct Financial Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated into this Item 2.03 by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 10.1 Credit Agreement, dated as of November 17, 2025, by and among The William Carter Company, as U.S. Borrower, The Genuine Canadian Corp., as Canadian Borrower, the lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and Collateral Agent, and the other parties thereto 104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL Signature Pursuant to the requirements of the Securities Exchange Act of 1934, Carter's, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. November 17, 2025 CARTER'S, INC. By: /s/ Antonio D. Robinson Name: Antonio D. Robinson Title: Chief Legal & Compliance Officer and Secretary

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