GONZALES, La., Aug. 09, 2024 (GLOBE NEWSWIRE) — Crown Crafts , Inc. (NASDAQ-CM: NASDAQ:) (the Firm) immediately introduced that it intends to launch the outcomes of its operations for the primary quarter of fiscal 2025 after the market closes on Wednesday, August 14, 2024. Olivia W. Elliott, President and Chief Govt Officer. and Craig J. Demarest, Vice President and Chief Monetary Officer, will host a teleconference at 8:00 a.m. Central Daylight Time on Thursday, August 15, 2024 to debate the Firm’s outcomes and reply acceptable questions.
people might be a part of the teleconference by dialing (844) 861-5504 and asking to affix the Crown Crafts, Inc. name. The teleconference may also be accessed in listen-only mode by visiting the Firm’s web site at www.crowncrafts.com. The monetary data to be mentioned throughout the teleconference could also be discovered on the investor relations portion of the Firm’s web site after earnings are launched.
A phone replay of the teleconference will likely be out there one hour after the decision by means of 4:00 p.m. Central Daylight Time on November 15, 2024. To entry the replay, dial (412) 317-0088 and enter replay entry code 1632569.
About Crown Crafts, Inc.
Crown Crafts, Inc. designs, markets and distributes toddler, toddler and juvenile shopper merchandise. Based in 1957, Crown Crafts is certainly one of America’s largest producers of toddler bedding, toddler bedding, bibs, toys and disposable merchandise. The Firm operates by means of its wholly owned subsidiaries, NoJo Child & Children, Inc. and Sassy Child, Inc., which market quite a lot of toddler, toddler and juvenile merchandise underneath Firm-owned emblems, in addition to licensed collections and unique personal label applications. Gross sales are made on to retailers akin to mass retailers, giant chain shops and juvenile specialty shops. For extra data, go to the Firm’s web site at www.crowncrafts.com.
Ahead-Trying Statements
The foregoing comprises forward-looking statements inside the that means of the Securities Act of 1933, the Securities Change Act of 1934 and the Non-public Securities Litigation Reform Act of 1995. Such statements are based mostly upon administration’s present expectations, projections, estimates and assumptions. Phrases akin to expects, believes, anticipates and variations of such phrases and related expressions establish such forward-looking statements. Ahead-looking statements contain identified and unknown dangers and uncertainties that will trigger future outcomes to vary materially from these advised by the forward-looking statements. These dangers embody, amongst others, basic financial circumstances, together with adjustments in rates of interest, within the total stage of shopper spending and within the value of oil, cotton and different uncooked supplies used within the Firm’s merchandise, altering competitors, adjustments within the retail setting, the Firm’s skill to efficiently combine newly acquired companies, the extent and pricing of future orders from the Firm’s clients, the extent to which the Firm’s enterprise is concentrated in a small variety of clients, the Firm’s dependence upon third-party suppliers, together with some situated in international nations, buyer acceptance of each new designs and newly-introduced product strains, actions of rivals that will impression the Firm’s enterprise, disruptions to transportation programs or transport lanes utilized by the Firm or its suppliers, and the Firm’s dependence upon licenses from third events. Reference can be made to the Firm’s periodic filings with the Securities and Change Fee for extra components that will impression the Firm’s outcomes of operations and monetary situation. The Firm doesn’t undertake to replace the forward-looking statements contained herein to adapt to precise outcomes or adjustments in our expectations, whether or not because of new data, future occasions or in any other case.
Contact:
Craig J. Demarest
Vice President and Chief Monetary Officer
(225) 647-9118
cdemarest@crowncrafts.com
Investor Relations:
Three Half Advisors
Steven Hooser, Companion, or John Beisler, Managing Director
(817) 310-8776
Supply: Crown Crafts, Inc.
