Crown Crafts (CRWS) Reports Q4 EPS of $0.16

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Crown Crafts Reports Results for Fiscal 2017 Fourth Quarter and Full Year

June 14, 2017 6:45 AM EDT

Gross profit percentage improves for quarter and full yearNet income as a percentage of sales also improves despite challenging market conditionsCash balance up from prior year endCompany remains financially strong

GONZALES, La., June 14, 2017 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ: CRWS) (the Company) today reported results for the fiscal 2017 fourth quarter and full year ended April 2, 2017.

In fiscal 2017, our net income and gross profit remained solid, net income increased to 8.4% of net sales compared with 8.1% for the prior... More