Carter's Inc at Bank of America Leveraged Finance Conference (Virtual) Transcript

Dec 01, 2021 / 08:00PM GMT
William Michael Reuter - BofA Securities, Research Division - MD & Research Analyst

Good afternoon. My name is Bill Reuter, and I'm the high-yield retail and apparel analyst here at Bank of America. We're here to talk about something which almost everyone thinks is fun, which is newborns, young children, and that's with Carter's.

We have Mike Casey, the CEO; Richard Westenberger, the CFO; and Sean McHugh, the Treasurer. No one wants to hear from me, they want to hear it from Mike, so I'm going to pass it over to him.

Michael D. Casey - Carter's - Inc. - Chairman & CEO

Hey Bill, thanks very much. Good afternoon, everybody. Thanks for making time to get together. I've got some very brief opening remarks for those who may be a bit less familiar with the Carter's story, and then we'll have plenty of time for Q&A.

So as you may know, Carter's is the largest branded marketer of young children's apparel in North America. We own the largest share of a $30 billion market in the United States, we have nearly twice

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