Crown Crafts (CRWS) Declares $0.08 Quarterly Dividend; 7.6% Yield

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Crown Crafts Announces Financial Results for Second Quarter Fiscal 2024 and Declares Quarterly Dividend

November 15, 2023 6:35 AM EST

GONZALES, Louisiana, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the Company) today reported financial results for the second quarter of fiscal year 2024, which ended October 1, 2023.

Second Quarter Summary

Net sales of $24.1 million in the current quarter, an increase of 28.9% over the prior yearGross profit was 27.3% of net sales in the current quarter, 29.1% in the prior-year quarterNet income in the current-year quarter of $1.8 million, or $0.18 per diluted... More