Crown Crafts (CRWS) Tops Q2 EPS by 2c

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Crown Crafts Reports Fiscal 2023 First Quarter Results

August 17, 2022 6:59 AM EDT

Improved gross profit of 32.8% of net salesBalance sheet remains strongBoard declares a quarterly dividend of $0.08 per share

GONZALES, La., Aug. 17, 2022 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the Company) today reported results for the first quarter of fiscal year 2023, which ended July 3, 2022.

Although it was a challenging quarter, our customer relationships remain strong, we have maintained our shelf space at our retailers, and our partnerships remain strong as we navigate the... More