Crown Crafts

Crown Crafts, Inc. engages in designing, marketing, and distribution of infant, toddler, and juvenile products. It also offers infant and toddler bedding, blankets and swaddle blankets, nursery and toddler accessories, room decor, reusable and disposable bibs, and burp cloths, Hooded Bath towels and wash clothes, development toys and feeding and care goods. The firm's brands include Nojo, Neat Solutions, Sassy and Carousel Designs. The company was founded by Philip Bernstein in 1957 and is headquartered in Gonzales, LA.

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CRWS reports Q1 2023 challenges but maintains profitability, eyes growth

CRWS faced challenges in Q1 2023 due to port delays, inflation, and reduced consumer spending, resulting in declines in net sales, gross margin, and net income. However, the company maintained profitability, strengthened customer relationships, and announced the strategic acquisition of Manhattan Group, which is expected to drive future growth.

Crown Crafts, Inc. reports 9% sales increase, maintains profitability amidst market challenges

Crown Crafts, Inc. demonstrated resilience in maintaining profitability despite market challenges. The addition of Manhattan Toy is expected to contribute positively to earnings, while the company is actively pursuing strategies to address market challenges and capitalize on international opportunities.

Crown Crafts (CRWS) reports lower Q3 earnings amidst strategic growth plans

Crown Crafts faced challenges in Q3 2023 due to macroeconomic factors impacting consumer demand, leading to lower net sales and decreased net income.
Despite these challenges, the company declared a cash dividend, outlined a strategic plan for growth, and focused on managing inventory and operational efficiency.
Opportunities lie in expanding product offerings, increasing direct-to-consumer sales, and leveraging technology to drive future performance and profitability.

Crown Crafts faces challenges but maintains profitability through cost-saving measures

Crown Crafts navigated challenges in Q4 2023, maintaining profitability through cost-saving measures despite lower sales and margins. The acquisition of Manhattan Group provides growth opportunities and cost synergies. Focus on addressing challenges and leveraging opportunities for future financial improvement.

Crown Crafts Q1 2024 Earnings: Mixed Performance Amid Growth Initiatives

Crown Crafts reported a mixed performance with sales growth driven by Manhattan Toy but faced margin pressure and reduced net income. The company's focus on Manhattan Toy's growth potential and international opportunities presents avenues for future expansion and profitability.
Despite challenges, Crown Crafts remains optimistic about Manhattan Toy's prospects, aiming for earnings accretion by fiscal year-end 2024. The company's strategic initiatives and positive customer feedback position it well for future growth and market presence.

Crown Crafts reports robust Q2 performance amidst cost pressures

Crown Crafts delivered a strong performance in Q2 2024, showcasing sales growth, effective inventory management, and stable financial results.
The company's strengths lie in resilience in core business areas, operational optimization, and growth opportunities in Manhattan Toy and holiday sales.
Challenges include managing costs, consumer pressures, and maintaining efficient inventory management, requiring strategic focus and adaptation.
Opportunities for Crown Crafts include revenue growth, market expansion, margin improvement, and strategic investments for long-term success and competitiveness.

Crown Crafts (CRWS) reports strong Q3 performance and eyes growth

Crown Crafts (CRWS) delivered a strong performance in Q3 2024, driven by robust sales growth and improved profitability.
The company's strategic focus on expanding product categories and operational efficiencies positions it well for future growth.
While facing challenges in managing expenses and cash flow, Crown Crafts remains optimistic about growth opportunities in retail and operational enhancements.

Crown Crafts Reports Growth, Focuses on Expansion

Crown Crafts concluded fiscal 2024 with solid financial performance and strategic expansions, notably through the acquisition of Manhattan Toy. Despite facing inflationary pressures and integration challenges, the company is optimistic about leveraging its strengthened product lineup and retail partnerships to drive future growth. Shareholders were reassured of continued focus on profitability and market expansion in the upcoming fiscal year.

Crown Crafts reports Q1 loss, eyes growth with Baby Boom

Crown Crafts faced challenges from inflation but saw positive developments in key areas.
The Baby Boom acquisition and new product development offer growth opportunities.
Analysts are interested in the potential of Baby Boom brands and gross margin pressures.

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Crown Crafts, Inc. engages in designing, marketing, and distributing infant, toddler, and juvenile products. It also offers infant and toddler bedding, blankets and swaddle blankets, nursery and toddler accessories, room decor, reusable and disposable bibs, burp cloths, hooded bath towels and wash clothes, development toys, and feeding and care goods. The firm's brands include Sassy, Manhattan Toy, NoJo, and Neat Solutions. The company was founded by Philip Bernstein in 1957 and is headquartered in Gonzales, LA.

GONZALES, La., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it intends to release the results of its operations for the second quarter of fiscal year 2025 before the market opens on Tuesday, November 12, 2024.

Crown Crafts to Announce Second Quarter Fiscal Year 2025 Results on November 12, 2024

GONZALES, La., Aug. 21, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that Olivia W.

Crown Crafts to Present at the 15th Annual Midwest IDEAS Investor Conference

Despite strength in Crown Crafts' (CRWS) bedding, blankets and accessories sales, overall fiscal first-quarter revenues decline year over year.

Crown Crafts (CRWS) Q1 Earnings Decline Y/Y, Gross Margin Down

Crown Crafts, Inc. (NASDAQ:CRWS ) Q1 2025 Earnings Conference Call August 15, 2024 9:00 AM ET Company Participants John Beisler - SVP, Three Part Advisors Olivia Elliott - President and CEO Craig Demarest - VP and CFO Conference Call Participants Douglas Ruth - Lenox Financial Services Josh Peters - Morgan Dempsey Operator Good day, and welcome to the Crown Crafts, Inc. First Quarter Fiscal Year 2025 Conference Call. All participants will be in listen-only mode.

Crown Crafts, Inc. (CRWS) Q1 2025 Earnings Call Transcript

GONZALES, La., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the first quarter of fiscal year 2025, which ended June 30, 2024.

Crown Crafts Announces Financial Results for First Quarter Fiscal 2025

GONZALES, La., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it intends to release the results of its operations for the first quarter of fiscal 2025 after the market closes on Wednesday, August 14, 2024.

Crown Crafts to Announce First Quarter Fiscal Year 2025 Results on August 14, 2024

IRVINE, Calif.--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as financial advisor to Crown Crafts, Inc. (NASDAQ: CRWS) (“Crown Crafts”) with the successful acquisition of Baby Boom Consumer Products, Inc. (“Baby Boom”), a leader in toddler bedding and an early disruptor in the diaper bag category, from The Betesh Group. Headquartered in Gonzales, Louisiana, Crown Crafts is a publicly held American company that designs, markets, and distributes consumer products for in.

D.A. Davidson Acts as Financial Advisor to Crown Crafts on its Strategic Acquisition of Baby Boom

GONZALES, La., July 22, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (“Crown Crafts” or the “Company”) today announced that it has acquired substantially all of the assets of Baby Boom Consumer Products, Inc. (“Baby Boom”), a leading provider in the toddler bedding and diaper bag categories.

Crown Crafts Acquires the Assets of Baby Boom Consumer Products

Discover why Zacks rates Crown Crafts as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore CRWS' strategic initiatives and financial health amid market challenges.

Zacks Initiates Coverage of Crown Crafts With Neutral Recommendation

Crown Crafts' (CRWS) overall topline benefits from revenue growth in the Bibs, toys and disposable products segment.

Crown Crafts' (CRWS) Q4 Earnings Improve Y/Y, Gross Margin Up

Crown Crafts, Inc. (NASDAQ:CRWS ) Q4 2024 Earnings Conference Call June 28, 2024 9:00 AM ET Company Participants John Beisler - Senior Vice President, Three Part Advisors Olivia Elliott - President and Chief Executive Officer Craig Demarest - Vice President and Chief Financial Officer Conference Call Participants Douglas Ruth - Lenox Financial Services John Deysher - Pinnacle Value Fund Dennis Scannell - Rutabaga Capital Operator Good day and welcome to the Crown Crafts, Inc. Fourth Quarter Fiscal Year 2024 Conference Call. All participants will be in a listen-only mode.

Crown Crafts, Inc. (CRWS) Q4 2024 Earnings Call Transcript

GONZALES, La., June 28, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the fourth quarter and fiscal year 2024, which ended March 31, 2024.

Crown Crafts Announces Financial Results for Fourth Quarter and Full Year Fiscal 2024

GONZALES, La., June 21, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it intends to release the results of its operations for the fourth quarter and full year of fiscal 2024 before the market opens on Friday, June 28, 2024.

Crown Crafts to Announce Fourth Quarter and Full Year Fiscal 2024 Results on June 28, 2024

GONZALES, La., May 14, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) announced today that its Board of Directors has declared a quarterly cash dividend on its Series A common stock of $0.08 per share to be paid on July 5, 2024 to stockholders of record at the close of business on June 14, 2024.

Crown Crafts Announces Quarterly Cash Dividend

GONZALES, La., April 17, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that Olivia W.

Crown Crafts to Present at the 27th Annual Burkenroad Reports Investment Conference

Crown Crafts, Inc. (CRWS) Q3 2024 Earnings Call Transcript

GONZALES, La., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the third quarter fiscal year 2024, which ended December 31, 2023.

Crown Crafts Announces Financial Results for Third Quarter Fiscal 2024

GONZALES, La., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it intends to release the results of its operations for the third quarter fiscal year 2024 before the market opens on Wednesday, February 14, 2024. Olivia W. Elliott, President and Chief Executive Officer and Craig J. Demarest, Vice President and Chief Financial Officer, will host a teleconference at 8:00 a.m. Central Standard Time on that day to discuss the Company's results and answer appropriate questions.

Crown Crafts to Announce Third Quarter Fiscal Year 2024 Results on February 14, 2024

The relatively new CEO has visions for growth, which is welcome considering the historically flat earnings over the years. Though the core business of infant bedding has recently been experiencing revenue declines, hopefully this is macro related and will improve with the economy. The acquisition will also likely help with international sales growth, diversifying retail partnerships and helping pivot to direct to consumer sales.

Crown Crafts: Value Story Changing To Growth

Start Time: 09:00 January 1, 0000 9:08 AM ET Crown Crafts, Inc. (NASDAQ:CRWS ) Q2 2024 Earnings Conference Call November 15, 2023, 09:00 AM ET Company Participants Olivia Elliott - President and CEO Craig Demarest - VP and CFO John Beisler - Three Part Advisors, IR Conference Call Participants Operator Hello and welcome to the Crown Crafts, Inc. Second Quarter Fiscal Year 2024 Conference Call. All participants will be in listen-only mode.

Crown Crafts, Inc. (CRWS) Q2 2024 Earnings Call Transcript

GONZALES, Louisiana, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported financial results for the second quarter of fiscal year 2024, which ended October 1, 2023.

Crown Crafts Announces Financial Results for Second Quarter Fiscal 2024 and Declares Quarterly Dividend

GONZALES, La., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that Olivia W. Elliott, President and Chief Executive Officer, and Craig J. Demarest, Vice President and Chief Financial Officer, will present at the 15th Annual Southwest IDEAS Investor Conference on Thursday, November 16, 2023, at The Statler Hotel in Dallas, Texas. Management is scheduled to present at 8:40 a.m. Central Standard Time and host one-on-one meetings throughout the day.

Crown Crafts to Present and Hold Investor Meetings at the 15th Annual Southwest IDEAS Investor Conference

GONZALES, La., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it intends to release the results of its operations for the second quarter fiscal year 2024 before the market opens on Wednesday, November 15, 2023. Olivia W. Elliott, President and Chief Executive Officer, and Craig J. Demarest, Vice President and Chief Financial Officer, will host a teleconference at 8:00 a.m. Central Standard Time on that day to discuss the Company's results and to answer appropriate questions.

Crown Crafts to Announce Second Quarter Fiscal Year 2024 Results on November 15, 2023

GONZALES, La., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that Olivia W. Elliott, President and Chief Executive Officer, and Craig J. Demarest, Vice President and Chief Financial Officer, will present at the 14th Annual Midwest IDEAS Investor Conference on Wednesday, August 23, 2023, at The Gwen, a Luxury Collection Hotel, in Chicago, Illinois. Management is scheduled to present at 10:00 a.m. Central Daylight Time.

Crown Crafts to Present at the 14th Annual Midwest IDEAS Investor Conference

Crown Crafts, Inc. (NASDAQ:CRWS ) Q1 2024 Earnings Conference Call August 16, 2023 9:00 AM ET Company Participants John Beisler - Investor Relations Olivia Elliott - President and Chief Executive Officer Craig Demarest - Vice President and Chief Financial Officer Conference Call Participants Operator Hello and welcome to the Crown Crafts, Inc. First Quarter FY 2024 Conference Call. All participants will be in listen-only mode.

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