Anika Begay
GONZALES, La., Aug. 09, 2024 (GLOBE NEWSWIRE) — Crown Craft Inc. (NASDAQ-CM: NASDAQ:) (the Company) today announced that it intends to release its results of operations for the first quarter of fiscal 2025 after the close of business on Wednesday, August 14, 2024. Olivia W. Elliott, Chairman and Chief Executive Officer, and Craig J. Demarest, Vice Chairman and Chief Financial Officer, will host a conference call at 8:00 a.m. Central Daylight Time on Thursday, August 15, 2024 to discuss the Company’s results and answer appropriate questions.
Interested parties may participate in the conference call by calling (844) 861-5504 and requesting to join the Crown Crafts, Inc. call. The conference call may also be accessed in listen-only mode by visiting the Company’s website at www.crowncrafts.com. Financial information to be discussed during the conference call may be found in the investor relations section of the Company’s website following the earnings release.
A telephone replay of the conference call will be available one hour after the call until 4:00 p.m. Central Daylight Time on November 15, 2024. To access the replay, dial (412) 317-0088 and enter the replay access code. 1632569.
About Crown Crafts, Inc.
Crown Crafts, Inc. designs, markets and distributes consumer products for infants, toddlers and children. Founded in 1957, Crown Crafts is one of America’s largest manufacturers of baby bedding, infant 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 baby, toddler and children’s products under the Company’s proprietary brands, as well as licensed collections and exclusive private label programs. Sales are made directly to retailers such as department stores, chain stores and children’s 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 on 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 could cause future results to differ materially from those implied by the forward-looking statements. Such risks include, among others, general economic conditions, including changes in interest rates, the overall level of consumer spending and the price of oil, cotton and other raw materials used in the Company’s products, changes in 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 limited number of customers, the Company’s dependence on third-party suppliers, including some located in foreign countries, customer acceptance of both new designs and newly introduced product lines, actions of competitors that could impact the Company’s business, disruptions in transportation systems or shipping routes used by the Company or its suppliers, and the Company’s dependence on third-party licenses. Reference is also made to the Company’s periodic filings with the Securities and Exchange Commission for additional factors that could impact the Company’s results of operations and financial condition. The Company does not undertake to update any forward-looking statements contained herein to conform to actual results or to changes in our expectations, whether as a result of new information, future events or otherwise.
Contact:
Author: Craig J. Demarest
Vice President and Chief Financial Officer
(225) 647-9118
cdemarest@crowncrafts.com
Investor Relations:
Consultants in three parts
Steven Hooser, Partner, or John Beisler, Managing Director
(817) 310-8776
Source: Crown Crafts, Inc.
