Crown Crafts (CRWS) Tops Q2 EPS by 2c

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Crown Crafts Reports Fiscal 2016 Second Quarter Results

November 12, 2015 6:45 AM EST

 

Adjusted net income up 5.2% over the prior year quarterCash balance of $6.1 million at quarter endDividend payment will complete six consecutive years of dividends

GONZALES, La., Nov. 12, 2015 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ: CRWS) (the Company) today reported results for the fiscal 2016 second quarter, which ended September 27, 2015.

As of October 31, 2015, it has been 20 years since the Companys first acquisition in the infant and toddler bedding industry, and we have been a leader and strong performer in that industry ever since, said E. Randall Chestnut, Chairman, President and Chief... More