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Stock impact report

CRWS Stock Down Following Q2 Earnings Decline Y/Y, Revenue Up [Yahoo! Finance]

Crown Crafts, Inc. (CRWS) 
Last crown crafts, inc. earnings: 11/13 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
This compares to the S&P 500 index's -0.3% change over the same time frame. Over the past month, the stock moved -8.7% versus the S&P 500's 2.6% change. Crown Crafts reported net sales of $24.5 million for second-quarter fiscal 2025, a 1.4% increase from $24.1 million in the prior-year quarter. This gain was largely attributed to the acquisition of Baby Boom Consumer Products, which contributed $3.4 million in net sales. However, the company's legacy operations faced some setbacks, including the loss of a bib program at a major retailer, which partially offset the acquisition-driven growth. Net income was down 52.8%, reaching $0.9 million, or $0.08 per diluted share, compared with $1.8 million, or $0.18 per diluted share, in the same quarter last year. This decline was influenced by acquisition-related costs totaling $0.8 million, which impacted earnings per share by approximately $0.06. Sales of bedding and diaper bags were $11.9 million (up 22.7% year over year), while sales o Show less Read more
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