Crown Crafts GAAP EPS of $0.13, revenue of $19M

Feb. 15, 2023 7:10 AM ETCrown Crafts, Inc. (CRWS)By: Meghavi Singh, SA News Editor
  • Crown Crafts press release (NASDAQ:CRWS): FQ3 GAAP EPS of $0.13.
  • Revenue of $19M (-16.4% Y/Y).
  • Gross profit for the current-year quarter was 23.7% of net sales, compared to 27.1% of net sales in the prior-year quarter.
  • Cash and equivalents increased sequentially from $2.3 million to $3.1 million.
  • Inventories of $25.8 million compared to $27.7 million in the second quarter of fiscal 2023.

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