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Recap: Crown Crafts Q2 Earnings

Benzinga Insights
·1 min read

Shares of Crown Crafts (NASDAQ:CRWS) rose 11.9% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 33.33% over the past year to $0.24, which beat the estimate of $0.17.

Revenue of $21,659,000 up by 16.70% year over year, which beat the estimate of $18,700,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

View more earnings on CRWS

Crown Crafts hasn't issued any revenue guidance for the time being.

Recent Stock Performance

Company's 52-week high was at $7.93

52-week low: $4.13

Price action over last quarter: Up 11.51%

Company Description

Crown Crafts Inc operates in the infant and toddler products segment of the consumer products industry through its wholly-owned subsidiaries. The infant and toddler products segment consists of infant and toddler bedding, bibs, soft bath products, disposable products, and accessories. The company serves a diverse range of customers including mass merchants, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs, and internet-based retailers. The company's brands include NoJo, Neat Solutions, Sassy, and Carousel. Its products are marketed under a variety of Company-owned trademarks, under trademarks licensed from others, and as private-label goods.

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