Crown Crafts (CRWS) Tops Q3 EPS by 2c

Crown Crafts (NASDAQ: CRWS) reported Q3 EPS of $0.20, $0.02 better than the analyst estimate of $0.18. Revenue for the quarter came in at $23.74 million versus the consensus estimate of $21.2 million.

"We are pleased with our performance for the third quarter. Net sales and net income improved significantly over the prior year, and net income as a percentage of net sales was very strong at 8.6% for the quarter. Our improved performance was a result of our successful strategy focused on strengthening our product offerings while maintaining tight control over costs. Our position in the market is very good," said E. Randall Chestnut, Chairman, President and Chief Executive Officer.

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

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