Crown Crafts to Announce First Quarter Fiscal Year 2025 Results on August 14, 2024
09 Agosto 2024 - 7:49PM
Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today
announced that it intends to release the results of its operations
for the first quarter of fiscal 2025 after the market closes on
Wednesday, August 14, 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
Daylight Time on Thursday, August 15, 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
Daylight Time on November 15, 2024. To access the replay, dial
(412) 317-0088 and enter replay access
code 1632569.
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, 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 Statements
The 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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