CRWS - Earnings announcements

GONZALES, La., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") a producer designer, and distributor of infant, toddler, and juvenile consumer products, today reported results for the third quarter fiscal year 2026, which ended December 28, 2025. Third Quarter Summary Net sales of $20.7 million compared with $23.4 million in the prior-year quarter.Gross profit margin of 23.5% compared with 26.1% in the prior-year quarter.Net income of $1.5 million increased from $0.9 million in the prior-year quarter.Subsequent to the quarter, announced Manhattan Toy's relaunch of Groovy Girls, an iconic line of soft fashion dolls that will be available starting in May o

GONZALES, La., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the second quarter fiscal year 2026, which ended September 28, 2025. Second Quarter Summary Net sales of $23.7 million compared to $24.5 million in the prior year quarterGross profit of 27.7 percent compared to 28.4 percent in the second quarter of fiscal 2025Net income grew to $1.2 million or $0.11 per share, up from $0.9 million or $0.08 per share in the prior year quarterDeclared quarterly dividend of $0.08 per share of Series A common stock "Our stronger net income reflects our ability to successfully navigate what is widely believed to be one of the most disr

GONZALES, La., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the first quarter fiscal year 2026, which ended June 29, 2025. First Quarter Summary Net sales of $15.5 million compared to $16.2 million in the prior-year quarterGross profit of 22.7 percent compared to 24.5 percent in the first quarter of fiscal 2025Net loss of ($1.10 million), or ($0.10) per share, compared to net loss of ($0.3 million), or ($0.03 per share), in the prior-year quarterQ1 results reflect the impact of increased tariffsDeclared quarterly dividend of $0.08 per share of Series A common stock Olivia Elliott, President and Chief Executive Office

GONZALES, La. , Feb. 12, 2025 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the third quarter fiscal year 2025, which ended December 29, 2024. Third Quarter Summary Net sales of $23.3 million Gross profit of $6.1 million; gross margin of 26.1 percent Net income of $893,000, or $0.09 per diluted shareDeclared quarterly dividend of $0.08 per share of Series A common stock "Our third quarter fiscal 2025 results reflect our continued ability to generate cash flow and profitability in a challenging macroeconomic environment. Our balance sheet is strong. We are efficiently lowering inventory levels from prior year even

GONZALES, La., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the second quarter of fiscal year 2025, which ended September 29, 2024. Second Quarter Summary Net sales of $24.5 million, compared with $24.1 million in the prior-year quarterGross profit of 28.4 percent of net sales compared with 27.3 percent in the second quarter of fiscal 2024Net income of $860,000, or $0.08 per diluted share. This quarter includes approximately $788,000 ($611,000 and $0.06 per diluted share after tax) of acquisition-related costsAcquired the assets and liabilities of Baby Boom Consumer Products, Inc. ("Baby Boom") on July 19th Subsequen

GONZALES, La., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the first quarter of fiscal year 2025, which ended June 30, 2024. First Quarter Summary Net sales of $16.2 million, compared with $17.1 million in the prior-year quarter Gross profit was 24.5% of net sales in the current quarter, 27.7% in the prior-year quarter Net loss of $322,000, or $0.03 per share Net loss includes expenses of approximately $244,000 ($193,000 after tax, or $0.02 per share) associated with the closure of the Company's subsidiary in the United Kingdom, and approximately $116,000 ($90,000 after tax, or $0.01 per share) of costs associated with

GONZALES, La., June 28, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the fourth quarter and fiscal year 2024, which ended March 31, 2024. Fourth Quarter Summary Net sales of $22.6 million, compared to $21.6 million in the prior-year quarter Gross margin of 23.2% versus 21.9% in the fourth quarter of fiscal 2023 Net income of $1.0 million, or $0.10 per diluted shareDeclared quarterly dividend of $0.08 per share of Series A common stock Fiscal Year 2024 Summary Net sales of $87.6 million, compared to $75.1 million in fiscal 2023Gross margin of 26.2% versus 26.4% in the prior year Net income of $4.9 million, or $0.48 per diluted shar

GONZALES, La., Feb. 14, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the third quarter fiscal year 2024, which ended December 31, 2023. Third Quarter Summary Net sales of $23.8 million, an increase of 25.2% from the prior-year quarter Gross profit as a percentage of net sales of 27.0%, up from 23.7% in the third quarter of fiscal 2023Net income of $1.7 million, or $0.17 per diluted share, compared to $1.3 million or $0.13 per diluted share in the prior-year quarterDeclared quarterly dividend of $0.08 per share of Series A common stock "Our third quarter fiscal 2024 results reflect the contribution of Manhattan Toy and the steps we

GONZALES, Louisiana, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported financial results for the second quarter of fiscal year 2024, which ended October 1, 2023. Second Quarter Summary Net sales of $24.1 million in the current quarter, an increase of 28.9% over the prior yearGross profit was 27.3% of net sales in the current quarter, 29.1% in the prior-year quarterNet income in the current-year quarter of $1.8 million, or $0.18 per diluted share, compared with $2.0 million, or $0.20 per diluted share, in the prior-year quarterDeclared quarterly dividend of $0.08 per share of Series A common stock "Our increase in net sales for the se

GONZALES, La., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the first quarter of fiscal year 2024, which ended July 2, 2023. First Quarter Summary Net sales of $17.1 million, an increase of 9.0% from the prior-year quarter Net income of $366,000, or $0.04 per diluted shareDeclared quarterly dividend of $0.08 per share of Series A common stock "Our first quarter fiscal 2024 results reflect the ongoing macroeconomic headwinds and higher costs across our business. Net sales increased by 9.0% primarily due to our acquisition of Manhattan Toy in March, which contributed $3.7 million to net sales in the current-year quarter, and

GONZALES, La., June 22, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the fourth quarter and fiscal year 2023, which ended April 2, 2023. Fourth Quarter Summary Net sales of $21.6 million, compared to $25.7 million in the prior-year quarter Net income of $828,000, or $0.08 per diluted share, compared to $2.4 million, or $0.24 per diluted share, in the prior-year quarterDeclared quarterly dividend of $0.08 per share of Series A common stockAcquired Manhattan Group, LLC ("Manhattan Toy") on March 17, 2023 Fiscal 2023 Summary Net sales of $75.1 million, compared to $87.4 million in fiscal 2022Gross margin of 26.4% of net sales

GONZALES, La., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ: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. Fiscal 2023 Third Quarter Summary Net sales of $19.0 million compared to $22.7 million in the prior-year quarterNet income of $1.3 million or $0.13 per diluted shareCash and equivalents increased sequentially from $2.3 million to $3.1 millionInventories of $25.8 million compared to $27.7 million in the second quarter of fiscal 2023Declared quarterly div

Improved year-to-date gross profit of 30.8% of net salesBalance sheet remains strongBoard declares a quarterly dividend of $0.08 per share GONZALES, La., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the second quarter of fiscal year 2023, which ended October 2, 2022. "Due to our strong relationships with customers and diligent efforts to control costs, Crown Crafts remained solidly profitable in the second quarter despite the expected macroeconomic challenges related to inflation and excess inventories at retailers," said Olivia W. Elliott, President and Chief Executive Officer of the Company. "Our balance sheet remains str

Improved gross profit of 32.8% of net salesBalance sheet remains strongBoard declares a quarterly dividend of $0.08 per share GONZALES, La., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the first quarter of fiscal year 2023, which ended July 3, 2022. "Although it was a challenging quarter, our customer relationships remain strong, we have maintained our shelf space at our retailers, and our partnerships remain strong as we navigate the current market challenges," said Olivia W. Elliott, President and Chief Executive Officer of the Company. "While consumers became more price-sensitive during the quarter in response to rising

Net sales increased 17.7% for the quarter and 10.4% for the full yearGross profit increased 10.1% for the quarterBalance sheet remains strong GONZALES, La., June 08, 2022 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the fourth quarter and fiscal year 2022, which ended April 3, 2022. "Our performance in the fourth quarter and full year of fiscal 2022 was a continuation of the growth we have experienced over the past two years," said Olivia Elliott, President and Chief Executive Officer. "As we begin fiscal 2023, our Company remains financially strong, and we are excited about our opportunities for continued profitable growth in the future

Net sales excluding Carousel Designs up 23.8% for the quarter and 14.6% year-to-dateEarnings per diluted share up 9.1% for the quarter and 8.6% year-to-date, excluding the impacts of Carousel and the forgiveness of the Company's PPP loanBoard appoints Olivia Elliott as Chief Executive Officer, effective March 1, 2022 GONZALES, La., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the third quarter of fiscal year 2022, which ended December 26, 2021. "We saw significant sales and earnings increases in the third quarter and year-to-date periods as a result of our strong management team and product development e

Net sales excluding Carousel Designs up 9.8% year-to-dateBoard declares a special dividend of $0.35 per share in addition to a quarterly dividend of $0.08 per share GONZALES, La., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the second quarter of fiscal year 2022, which ended September 26, 2021. "We are extremely proud of our team's accomplishments through the first half of this fiscal year," said E. Randall Chestnut, Chairman and Chief Executive Officer. "Despite labor shortages, shipment delays and rising costs, along with the inconvenience of having to close our main office for several weeks because of damage from Hurric

Net sales increased 15.5% for the quarterCompany's key subsidiaries continue to deliver strong resultsBoard declares a quarterly dividend of $0.08 per share GONZALES, La., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ:CRWS) (the "Company") today reported results for the first quarter of fiscal year 2022, which ended June 27, 2021. "Once again, our entire organization worked together to deliver outstanding results for the first quarter," said E. Randall Chestnut, Chairman and Chief Executive Officer. "This is a reflection of the ongoing strength of our wholly-owned subsidiaries, NoJo Baby & Kids, Inc. and Sassy Baby, Inc., which continue to offer a wide range of high-qu