Moody’s affirms William Carter

Moody’s Investors Service said it affirmed William Carter Co.'s Ba1 corporate family rating and Ba1-PD probability of default rating.

The agency also affirmed the Ba2 senior unsecured note rating and the SGL-1 speculative grade liquidity rating.

The outlook remains stable.

"Carter's solid credit metrics and ownership of the leading brand in U.S. young children's apparel position the ratings well in the Ba1 category," Moody's analyst Raya Sokolyanska said in a news release.

“Despite intense competition in the sector and potential headwinds from increased input costs, we expect the company to have stable operating performance and very good liquidity."

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