Crown Crafts (CRWS) Tops Q1 EPS by 3c

Crown Crafts (NASDAQ: CRWS) reported Q1 EPS of $0.16, $0.03 better than the analyst estimate of $0.13. Revenue for the quarter came in at $20.31 million versus the consensus estimate of $20.4 million.

• Gross margin increased for the fiscal year
• Net income increased for the quarter and fiscal year
• Returned $5.8 million in cash dividends to shareholders during past 12 months

“We are very proud of our strong financial results in fiscal year 2020, which included increased gross margin and net income,” said E. Randall Chestnut, Chairman, President and Chief Executive Officer. “Because of the conservative way in which we operate and the hard work and dedication of our employees, we were able to continue to return long-term value to our stockholders.”

For earnings history and earnings-related data on Crown Crafts (CRWS) click here.

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