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0.0796460176991151 0.0796460176991151 0.0973451327433628 0.150442477876106 0.176991150442478 0.23716814159292 0.168141592920354 0.0973451327433628
Stock impact report

Crown Crafts Reports Fiscal 2018 Fourth Quarter and Full Year Results

Crown Crafts, Inc. (CRWS) 
Last crown crafts, inc. earnings: 11/13 06:45 am Check Earnings Report
Company Research Source: GlobeNewswire
Sales up 31.1% for the quarter and 6.5% for the yearNon-recurring charges impact quarter and fiscal year by $0.08 and $0.24, respectivelyExcluding non-recurring charges, gross margin improved for the quarter and fiscal year GONZALES, La., June 13, 2018 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the “Company”) today reported results for the fourth quarter and fiscal year 2018, which ended April 1, 2018. “Fiscal 2018 has brought several challenges, including the bankruptcy and subsequent liquidation of one of our major customers, which negatively impacted net income by $1.3 million, including credit costs, uncollectible receivables and royalty shortfalls associated with licenses that relied heavily on Toys “R” Us.,” said E. Randall Chestnut, Chairman, President and Chief Executive Officer.  “Net income for the year was also negatively impacted by acquisition costs of $339,000 and non-cash charges to income tax expense of $497,000 related to recently enacted tax legislati Show less Read more
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