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Stock impact report

Crown Crafts Announces Third Quarter Fiscal 2025 Financial Results

Crown Crafts, Inc. (CRWS) 
Last crown crafts, inc. earnings: 11/13 06:45 am Check Earnings Report
Company Research Source: GlobeNewswire
GONZALES, La. , Feb. 12, 2025 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the third quarter fiscal year 2025, which ended December 29, 2024. Third Quarter Summary Net sales of $23.3 million Gross profit of $6.1 million; gross margin of 26.1 percent Net income of $893,000, or $0.09 per diluted shareDeclared quarterly dividend of $0.08 per share of Series A common stock “Our third quarter fiscal 2025 results reflect our continued ability to generate cash flow and profitability in a challenging macroeconomic environment. Our balance sheet is strong. We are efficiently lowering inventory levels from prior year even with the acquisition of Baby Boom and effectively managing our borrowings while continuing to pay a quarterly dividend,” said Olivia Elliott, President and Chief Executive Officer. “We remain focused on developing new products to drive top-line growth and are committed to maintaining our cost d Show less Read more
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