FILING ANALYSIS · THURSDAY, NOVEMBER 12
CROWN CRAFTS INC CRWS — 8-K: Results of Operations and Financial Condition
neutral
Crown Crafts reported a net income of $1.3 million, or $0.12 per share, and a gross profit margin increase to 32.0%, but net sales decreased to $19.0 million compared to $23.7 million in the prior-year quarter. The company's profitability initiatives and cost reductions are showing positive results, but the decline in sales may offset these gains.
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