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Stock impact report

Crown Crafts Announces Financial Results for Second Quarter Fiscal 2025 [Yahoo! Finance]

Crown Crafts, Inc. (CRWS) 
Last crown crafts, inc. earnings: 11/13 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Second Quarter Summary Net sales of $24.5 million, compared with $24.1 million in the prior-year quarter Gross profit of 28.4 percent of net sales compared with 27.3 percent in the second quarter of fiscal 2024 Net income of $860,000, or $0.08 per diluted share. This quarter includes approximately $788,000 ($611,000 and $0.06 per diluted share after tax) of acquisition-related costs Acquired the assets and liabilities of Baby Boom Consumer Products, Inc. (“Baby Boom”) on July 19 th Subsequent to the end of Second Quarter Declared quarterly dividend of $0.08 per share of Series A common stock “Our second quarter fiscal 2025 results reflect the immediate contribution from our acquisition of Baby Boom, which offset the continued economic headwinds facing our legacy businesses,” said Olivia Elliott, President and Chief Executive Officer. “We continue to be optimistic about the opportunities within our business, including the cross-selling opportunities and expanded offering Show less Read more
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