Crown Crafts (CRWS) Reports Q1 EPS of $0.05

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Crown Crafts Reports Fiscal 2018 First Quarter Results

August 10, 2017 6:45 AM EDT

Positive net income reported in seasonally slowest quarterAddition of Carousel Designs and strong product offerings position Company for the futureCompany remains debt-free

GONZALES, La., Aug. 10, 2017 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ: CRWS) (the Company) today reported results for the fiscal 2018 first quarter, which ended July 2, 2017.

While we are not satisfied with our first quarter results, we believe we have reached a turning point, and that the acquisition of Carousel Designs combined with our ongoing development of new, appealing products will drive improved results,... More