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Carter’s, Inc. (NYSE:CRI) Q1 2024 Earnings Call Transcript
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CRi is a nonprofit organization that provides personalized supports to people with mental health needs and/or developmental disabilities. CRi offers a range of services, such as housing, employment, education, and community integration, to help individuals live their best lives.
CRI measures how well a light source reproduces the colors of objects under it. Learn what CRI is, how it is measured, and what CRI values are acceptable for different applications.
- Overview
- What is CRI Genetics?
- Does CRI Genetics work?
- Who is CRI Genetics for?
- Pros and cons of CRI Genetics testing at a glance
- How to use CRI Genetics
- Customer reviews and brand reputation
- What tests does CRI Genetics offer?
- Alternatives to CRI Genetics
- CRI Genetics vs. 23andMe
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More and more people are turning to at-home genetic testing kits to gather information about their ethnicity, personal family history, and health.
Direct-to-consumer genealogy tests have grown in popularity, especially in the United States over the last several years.
CRI stands for Cellular Research Institute, and it has sold direct-to-consumer DNA testing kits since 2016.
CRI Genetics is known for its ability to make complex DNA science easy to understand with tools and features that help contextualize personal genetic information. For example, CRI Genetics offers animations showing ancestral migrations and provides histories of different regions.
CRI Genetics claims to be 99.9 percent accurate. Its proprietary DNA algorithm uses hundreds of thousands of genetic markers to analyze ancestry. Though its CLIA-validated testing methods do produce ethnicity results, the accuracy of those results cannot be substantiated.
CLIA, which stands for Clinical Laboratory Improvement Amendments, is a federal regulatory body that checks for the quality of a lab’s testing, inspections, and other factors.
CRI Genetics is best for people who are simply curious about genetic information.
Because this is not considered a clinical-grade DNA test, CRI Genetics is not designed for use by hospitals or medical professionals.
Instead, this “recreational” DNA test is intended for people looking to know what their DNA can tell them about their ancestry.
People looking for a clinical-grade test could try a company such as Color.
Pros
•Its basic ancestry package is one of the cheaper options on the market. •Results include the haplogroup you belong to. •Results include background content that help contextualize results. •Interactive features and animations add an interesting element.
Cons
•The actual reference panel is unknown but is most likely smaller than other competitors, so accuracy is questionable. •The test is not clinical grade. •Some of the conclusions drawn, specifically around health and wellness, cannot be substantiated with scientific evidence. Was this helpful?
The basic steps to using CRI Genetics can be broken down as:
1.Order your test online. You can choose between five different test options, depending on the type of results you are looking for.
2.Collect and send your DNA sample. Collect your DNA sample via a cheek swab. Instructions on how to take the sample are included in the kit. Once finished, use the prepaid envelope to mail your sample to the CRI Genetics lab.
3.Explore your results. When the results are ready, you will receive an email prompting you to log in to the online portal.
Though not without some satisfied customers, a generally negative body of customer reviews highlights CRI Genetics’ weaknesses around the breadth of its reference panel and transparency of its pricing model.
With only 1.8 out of 5 stars on Amazon, customers generally report displeasure with the accuracy of the test, a lack of detailed information, and an overly aggressive sales strategy.
However, customers happy with the service said the reports were thorough and interesting. On the Better Business Bureau website, CRI Genetics has a B rating and is an accredited member of the BBB.
On the BBB website, there are more than 600 complaints against CRI Genetics for a variety of customer grievances, including deceptive advertising, inaccurate results, and hidden fees.
Pricing guide
Here’s a closer look at each type of CRI Genetics test. Prices are as follows: •$ = under $80 •$$ = $80–$150 •$$$ = over $150 Was this helpful?
Ancestry + Traits
•Price: $ The CRI Genetics Ancestry+Traits DNA test looks for more than 600,000 markers in the genome using both an autosomal test, which reveals more recent ancestry and maternal and paternal lines called a haplogroup test. Your results will include a percentage breakdown of your ethnicity, an ancestral timeline, the haplogroup you belong to, a famous people list, and information providing historical context about ancestors. It will also include a basic traits report, which explains how genetics may affect hand-eye coordination, hair loss, food cravings, and more. Note that the reliability of the DNA ancestry test results may be limited by the size of CRI Genetics’ reference panel. Shop from CRI Genetics
Ancestry + Health
•Price: $$ This includes everything that comes in the Ancestry + Traits package, plus more than 120 reports related to traits, health and wellness, nutrition, allergy, metabolism, and weight loss. For example, customers will receive reports that suggest how their genetic makeup may dictate their response to caffeine and alcohol, or which vitamins may be best for them. Though the health suggestions made here are not harmful, the scientific community recommends they be considered just that: suggestions. This is because there’s no clinical evidence to support the claims made in these health reports, and no changes in your medications should be made without first consulting your doctor. Compare other at-home DNA testing kits
Here’s a comparison of the basic ancestry products of four of CRI Genetics’ main competitors:
23andMe is another recreational genomics company offering ethnicity results in addition to health information.
23andMe has a DNA database of 5 million records from which the data can be analyzed, reports on more distinct regions, and is considered to have a more accurate test than CRI Genetics. It is also Food and Drug Administration (FDA) authorized, whereas CRI Genetics’ health test is not.
However, CRI Genetics offers some particular features not seen with 23andMe, such as a “Famous People” section that shows people you may be related to, an interactive map showing the areas where your ancestors may have originated, and a timeline of when those ancestors entered your family tree.
CRI Genetics also offers an 8-week guarantee that’s not offered by 23andMe — if you don’t get your results back within 8 weeks, you will get your money back.
CRI Genetics is a DNA testing service that offers ancestry, health, allergy, and weight loss reports. Learn about its methods, products, customer feedback, and alternatives.
A color rendering index (CRI) is a quantitative measure of the ability of a light source to reveal the colors of various objects faithfully in comparison with a natural or standard light source. Light sources with a high CRI are desirable in color-critical applications such as neonatal care and art restoration.
May 10, 2024 · Community Resources for Independence (CRI) is a community based, non-residential, non-profit corporation that connects community resources for independent living to individuals with disabilities in order to maximize their independence and the accessibility of the communities in which they live.
May 25, 2022 · CRI measures how light affects how you see color. Learn about the CRI chart, LED bulbs and fixtures, and how to choose the best lighting for your home.
May 1, 2024 · Creative Realities, Inc. is a full-service, digital signage solutions company with a suite of proprietary CMS, ad revenue monetization, and programmatic software products... Read more. Creative Realities is a leader in smart, end-to-end digital signage solutions and experiences that connect people and brands in the places they love.
