Crown Crafts (CRWS) Misses Q4 EPS by 1c

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Crown Crafts Reports Results for Fiscal 2016 Fourth Quarter and Full Year

June 9, 2016 6:45 AM EDT

Net income continues to riseGross profit up for both the quarter and full yearCash balance increases to $7.6 million

GONZALES, La., June 09, 2016 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ: CRWS) (the Company) today reported results for the fiscal 2016 fourth quarter and full year ended April 3, 2016.

We are very proud of our strong and consistent performance, as net income and gross profit increased in fiscal 2016.  While we continue to manage our business in a conservative and responsible manner, we also work aggressively to maintain our strong... More