Wunderlich Securities Downgrades Crown Crafts (CRWS) to Hold
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Crown Crafts Reports Fiscal 2017 Second Quarter Results
November 16, 2016 6:45 AM ESTCompany remains debt-free with a $10.2 million cash balanceBoard declares a special dividend of $0.40 per share in addition to a quarterly dividend of $0.08 per share, signaling confidence in Companys long-term strength
GONZALES, La., Nov. 16, 2016 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ: CRWS) (the Company) today reported results for the fiscal 2017 second quarter, which ended October 2, 2016.
Several factors affected our results in the second quarter, and we continue to adapt to changes in the marketplace, said E. Randall Chestnut, Chairman, President and Chief Executive Officer. In the... More