Crown Crafts to Announce Second Quarter Fiscal Year 2025 Results on November 12, 2024
06 November 2024 - 11:17AM
Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today
announced that it intends to release the results of its operations
for the second quarter of fiscal year 2025 before the market opens
on Tuesday, November 12, 2024. Olivia W. Elliott, President and
Chief Executive Officer and Craig J. Demarest, Vice President and
Chief Financial Officer, will host a teleconference at 8:00 a.m.
Central Standard Time on Tuesday, November 12, 2024 to discuss the
Company’s results and answer appropriate questions.
Interested individuals may join the
teleconference by dialing (844) 861-5504 and asking to join the
Crown Crafts, Inc. call. The teleconference can also be accessed in
listen-only mode by visiting the Company’s website at
www.crowncrafts.com. The financial information to be discussed
during the teleconference may be found on the investor relations
portion of the Company’s website after earnings are released.
A telephone replay of the teleconference will be
available one hour after the call through 4:00 p.m. Central
Standard Time on February 11, 2025. To access the replay, dial
(877) 344-7529 in the United States or (412) 317-0088 from
international locations and enter replay access
code 3679859.
About Crown Crafts, Inc.Crown
Crafts, Inc. designs, markets and distributes infant, toddler and
juvenile consumer products. Founded in 1957, Crown Crafts is one of
America’s largest producers of infant bedding, toddler bedding,
diaper bags, bibs, toys and disposable products. The Company
operates through its wholly owned subsidiaries, NoJo Baby &
Kids, Inc. and Sassy Baby, Inc., which market a variety of infant,
toddler and juvenile products under Company-owned trademarks, as
well as licensed collections and exclusive private label programs.
Sales are made directly to retailers such as mass merchants, large
chain stores and juvenile specialty stores. For more information,
visit the Company’s website at www.crowncrafts.com.
Forward-Looking StatementsThe
foregoing contains forward-looking statements within the meaning of
the Securities Act of 1933, the Securities Exchange Act of 1934 and
the Private Securities Litigation Reform Act of 1995. Such
statements are based upon management’s current expectations,
projections, estimates and assumptions. Words such as “expects,”
“believes,” “anticipates” and variations of such words and similar
expressions identify such forward-looking statements.
Forward-looking statements involve known and unknown risks and
uncertainties that may cause future results to differ materially
from those suggested by the forward-looking statements. These risks
include, among others, general economic conditions, including
changes in interest rates, in the overall level of consumer
spending and in the price of oil, cotton and other raw materials
used in the Company’s products, changing competition, changes in
the retail environment, the Company’s ability to successfully
integrate newly acquired businesses, the level and pricing of
future orders from the Company’s customers, the extent to which the
Company’s business is concentrated in a small number of customers,
the Company’s dependence upon third-party suppliers, including some
located in foreign countries, customer acceptance of both new
designs and newly-introduced product lines, actions of competitors
that may impact the Company’s business, disruptions to
transportation systems or shipping lanes used by the Company or its
suppliers, and the Company’s dependence upon licenses from third
parties. Reference is also made to the Company’s periodic filings
with the Securities and Exchange Commission for additional factors
that may impact the Company’s results of operations and financial
condition. The Company does not undertake to update the
forward-looking statements contained herein to conform to actual
results or changes in our expectations, whether as a result of new
information, future events or otherwise.
Contact:
Craig J. DemarestVice President and
Chief Financial Officer (225) 647-9118cdemarest@crowncrafts.com
Investor Relations:
Three Part AdvisorsSteven Hooser,
Partner, or John Beisler, Managing Director(817) 310-8776
Crown Crafts (NASDAQ:CRWS)
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