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.

Earnings data Q4 2024

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, Inc. reports strong Q3 performance and optimistic outlook

Crown Crafts, Inc. delivered robust financial results in Q3 2023, driven by the addition of Manhattan Toy and sustained growth in legacy categories. While facing cost pressures and limited physical store reopenings, the company remains optimistic about its future prospects, particularly in the upcoming holiday quarter and long-term growth potential.

Crown Crafts, Inc. reports robust Q4 earnings amidst inflation challenges

Crown Crafts, Inc. delivered strong financial results in Q4 2023, driven by Manhattan Toy's contribution. Despite challenges from inflation, the company remains optimistic about long-term prospects, focusing on growth strategies and operational efficiencies for future success.

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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., 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.

Crown Crafts, Inc. (CRWS) Q1 2024 Earnings Call Transcript

GONZALES, La., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the first quarter of fiscal year 2024, which ended July 2, 2023.

Crown Crafts Announces Financial Results for First Quarter of Fiscal 2024

GONZALES, La., Aug. 09, 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 first quarter fiscal year 2024 before the market opens on Wednesday, August 16, 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 Daylight Time on that day to discuss the Company's results and to answer appropriate questions.

Crown Crafts to Announce First Quarter Fiscal Year 2024 Results on August 16, 2023

Crown Crafts Inc., a manufacturer of infant and juvenile products, has acquired Manhattan Toy for $17 million, funded by a combination of cash and debt. The acquisition is expected to contribute $24 million in sales by fiscal 2024 and could add almost $2 million to the bottom line annually when restructuring is completed. Despite the increased interest payments, the company appears able to both comfortably pay its dividend and service its debt.

Crown Crafts: Manhattan Toy Acquisition Appears Beneficial For Shareholders

Crown Crafts, Inc. (NASDAQ:CRWS ) Q4 2023 Earnings Conference Call June 22, 2023 11:00 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 John Deysher - Pinnacle Operator Good morning and welcome to the Crown Crafts Financial Results for the Fourth Quarter and Full-Year Fiscal 2023. All participants will be in listen-only mode.

Crown Crafts, Inc. (CRWS) Q4 2023 Earnings Call Transcript

GONZALES, La., June 22, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the fourth quarter and fiscal year 2023, which ended April 2, 2023.

Crown Crafts Announces Financial Results for Fourth Quarter and Full Year Fiscal 2023

GONZALES, La., June 15, 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 fourth quarter and full year of fiscal 2023 before the market opens on Thursday, June 22, 2023. Olivia W. Elliott, President and Chief Executive Officer and Craig J. Demarest, Vice President and Chief Financial Officer, will host a teleconference at 10:00 am Central Daylight Time on that day to discuss the Company's results and answer appropriate questions.

Crown Crafts to Announce Fourth Quarter and Full Year Fiscal 2023 Results on June 22, 2023

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7 Safe High-Yield Dividend Stocks to Buy in June 2023

GONZALES, La., May 15, 2023 (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 7, 2023 to stockholders of record at the close of business on June 16, 2023.

Crown Crafts Announces Quarterly Cash Dividend

GONZALES, La., April 21, 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 26th Annual Burkenroad Reports Investment Conference on Friday, April 28, 2023, to be held at The Ritz-Carlton New Orleans Hotel. The Company's presentation is scheduled for 9:30 a.m. Central Daylight Time.

Crown Crafts to Present at the 26th Annual Burkenroad Reports Investment Conference

GONZALES, La., April 20, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that Michael Benstock has been appointed to the Company's Board of Directors, effective May 1, 2023, to serve until the Company's next Annual Meeting of Stockholders.

Crown Crafts Appoints Michael Benstock to its Board of Directors

Acquisition expands and complements Crown Crafts' toy offerings, customer base and international business Acquisition expands and complements Crown Crafts' toy offerings, customer base and international business

Crown Crafts Acquires Manhattan Toy, a Leading Creator of Developmental Toys for Early Childhood

CRWS designs and sells baby toys and bedding products to large retailers. The company outsources manufacturing and licenses some of the IP for the products. The company has maintained profitability in a tight range even during cyclical decreases. The company's profits did not suffer significantly during the GFC.

Crown Crafts Passed The Glut Test And Can Recover

Crown Crafts, Inc. (NASDAQ:CRWS ) Q3 2023 Earnings Conference Call February 15, 2023 11:00 AM ET Company Participants Craig Demarest - Vice President and Chief Financial Officer Olivia Elliott - President and Chief Executive Officer Conference Call Participants Michael Bernstein - Laurelcrest Capital John Deysher - Pinnacle Operator Good day, and welcome to the Crown Crafts, Incorporated. Third Quarter Fiscal Year 2023 Conference Call.

Crown Crafts, Inc. (CRWS) Q3 2023 Earnings Call Transcript

GONZALES, La., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) a designer, marketer and distributor of infant, toddler and juvenile consumer products, today reported results for the third quarter of fiscal year 2023, which ended January 1, 2023.

News for Crown Crafts Stock (CRWS)