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Stock impact report

Crown Crafts Reports Fiscal 2020 Third Quarter Results

Crown Crafts, Inc. (CRWS) 
Last crown crafts, inc. earnings: 11/13 06:45 am Check Earnings Report
Company Research Source: GlobeNewswire
Higher gross profit in spite of lower sales for the quarter and year-to-date periodsNet income increases 34.8% for the quarter and 36.6% year-to-dateBoard declares a quarterly dividend of $0.08 per share GONZALES, La., Feb. 12, 2020 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the fiscal 2020 third quarter, which ended December 29, 2019. “We are proud of our third quarter performance, which includes a 4.0% increase in the amount of our gross profit in spite of mostly flat sales compared with the same quarter from the previous year,” said E. Randall Chestnut, Chairman, President and Chief Executive Officer.  “Throughout the past several months, Crown Crafts has navigated a landscape filled with increasing tariffs.  We have worked with governmental authorities, customers and suppliers to meet these challenges, and I am delighted to say that our team has adjusted and performed well.  We are very pleased to share the r Show less Read more
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