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0.143410852713178 0.157306201550388 0.162596899224806 0.14703488372093 0.167558139534884 0.162790697674419 0.143410852713178 0.191860465116279
Stock impact report

Crown Crafts Reports Fiscal 2019 Second Quarter Results

Crown Crafts, Inc. (CRWS) 
Last crown crafts, inc. earnings: 11/13 06:45 am Check Earnings Report
Company Research Source: GlobeNewswire
Sales for the quarter increase 24.8%Net income increases 149.5% for the quarterGross margin improves for the quarter and year-to-date periodsBoard declares a quarterly dividend of $0.08 per share GONZALES, La., Nov. 08, 2018 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the fiscal 2019 second quarter, which ended September 30, 2018. “We are pleased to report our second quarter performance, which includes a 24.8% increase in sales, along with considerable improvements in gross margin and net income,” said E. Randall Chestnut, Chairman, President and Chief Executive Officer.  “During the past twelve months, we have navigated unusually challenging retail conditions, including the bankruptcy and liquidation of one of our largest customers. Throughout these challenges, we maintained a strong financial position, while pursuing opportunities through acquisition, product innovation and new distribution channels. We are very encouraged Show less Read more
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