Crown Crafts Expands Its Reach With a Known and Trusted Parenting Brand

GONZALES, La., Oct. 27 /PRNewswire-FirstCall/ -- Crown Crafts, Inc. (the "Company") (Nasdaq: CRWS - News) today announced it has entered into a licensing agreement with The Procter & Gamble Company ("P&G") (NYSE: PG - News). Under the agreement, Crown Crafts will develop, produce, market and sell an assortment of infant products under the Pampers®( )brand name. Such products will include infant bedding, blankets, bibs, bath goods and slings, and will be developed by Crown Crafts Infant Products, Inc. and Hamco, Inc., wholly-owned subsidiaries of the Company. The Company anticipates that these products will be available for distribution to retailers in the spring of 2010. The disposable diapers developed by P&G under the Pampers® brand were introduced in 1961 and revolutionized infant care by providing a convenient alternative to cloth diapers. Pampers® has evolved into one of P&G's most loved and trusted brands."We are proud to sign this license and to have the opportunity to partner with such a well-respected, innovative and admired company," commented E. Randall Chestnut, Chairman, President and Chief Executive Officer of the Company. "This partnership is a continuation of our ef...
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CROWN CRAFTS INC Files SEC form 8-K, Results of Operations and Financial Condition

Show all filings for CROWN CRAFTS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for CROWN CRAFTS INC 12-Aug-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, ...
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CROWN CRAFTS INC Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The Company operates indirectly through its subsidiaries, Crown Crafts Infant Products, Inc. and Hamco, Inc., in the infant and toddler products segments within the consumer products industry. The infant and toddler products segment consists of infant and toddler bedding, bibs, soft goods and accessories. Sales of the Company's products are generally made directly to retailers, which are primarily mass merchants, chain stores, juvenile specialty stores, internet accounts, wholesale clubs and catalogue and direct mail houses. The Company's products are marketed under a variety of Company-owned trademarks, under trademarks licensed from others and as private label goods. The Company's products are marketed through a national sales force consisting of salaried sales executives and employees located in Compton, California; Gonzales, Louisiana; Rogers, Arkansas; Cornelius, North Carolina; and Roslyn Heights, New York. Products are also marketed by independent commissioned sales representatives located throughout the United States, who are used most significantly in sales to juvenile specialty stores. Sales outside the United States are made primarily through distributors. The Company's products are produced by foreign manufacturers, with the largest concentration being in China. The Company maintains a foreign representative office in Shanghai, China for the coordination of production, purchases and shipments, seeking out new vendors and inspections for social compliance and quality. The infant and toddler consumer products industry is highly competitive. The Company competes with a variety of distributors and manufacturers (both branded and private label), including large infant and juvenile product companies and specialty infant and juvenile product manufacturers, on the basis of quality, design, price, brand name recognition, service and packaging. The Company's ability to comp...
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Crown Crafts, Inc. to Announce Results for Second Quarter of Fiscal Year 2010

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Crown Crafts, Inc. Reports Results for Second Quarter of Fiscal Year 2010

GONZALES, La., Nov. 10 /PRNewswire-FirstCall/ -- Crown Crafts, Inc. (the "Company") (Nasdaq: CRWS - News) today reported net income for the second quarter of fiscal year 2010, which ended September 27, 2009. Net income for the quarter was $803,000, or $0.08 per diluted share, on net sales of $21.7 million, compared to net income for the second quarter of fiscal year 2009 of $1,035,000, or $0.11 per diluted share, on net sales of $23.8 million."We are responding to the challenging economic environment by aggressively managing our cash flow," commented E. Randall Chestnut, Chairman, President and Chief Executive Officer of the Company. "For example, we are keeping a tight control on our inventory levels, which declined by $2.9 million during the second quarter. We are also pleased with the success of our efforts directed at the integration of the product development, sourcing and distribution operations of Neat Solutions, which we purchased early in the quarter. However, weakness in retail demand in our core business persists, and our customers remain reluctant to rebuild their inventory levels. We are confident that we are well positioned to benefit as the economy recovers. The Company's EBITDA (earnings before interest, taxes, depreciation and amortization) for the quarter was $2.0 million, compared to EBITDA of $2.5 million for the second quarter of fiscal year 2009," Mr. Chestnut continued.Conference Callwww.crowncrafts.com. The financial information to be discussed during the tel...
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CROWN CRAFTS INC Files SEC form 8-K, Results of Operations and Financial Condition

Show all filings for CROWN CRAFTS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for CROWN CRAFTS INC 10-Nov-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, ...
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CROWN CRAFTS INC Files SEC form 10-Q, Quarterly Report

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The Company operates indirectly through its subsidiaries, Crown Crafts Infant Products, Inc. and Hamco, Inc., in the infant and toddler products segments within the consumer products industry. The infant and toddler products segment consists of infant and toddler bedding, bibs, soft goods and accessories. Sales of the Company's products are generally made directly to retailers, which are primarily mass merchants, chain stores, juvenile specialty stores, internet accounts, wholesale clubs and catalogue and direct mail houses. The Company's products are marketed under a variety of Company-owned trademarks, under trademarks licensed from others and as private label goods. The Company's products are marketed through a national sales force consisting of salaried sales executives and employees located in Compton, California; Gonzales, Louisiana; Rogers, Arkansas; and Cornelius, North Carolina. Products are also marketed by independent commissioned sales representatives located throughout the United States, who are used most significantly in sales to juvenile specialty stores. The Company's products are produced by foreign manufacturers, with the largest concentration being in China. The Company maintains a foreign representative office in Shanghai, China for the coordination of production, purchases and shipments, seeking out new vendors and inspections for social compliance and quality. The infant and toddler consumer products industry is highly competitive. The Company competes with a variety of distributors and manufacturers (both branded and private label), including large infant and juvenile product companies and specialty infant and juvenile product manufacturers, on the basis of quality, design, price, brand name recognition, service and packaging. The Company's ability to compete depends principally on styling, price, service to the retailer and continued high regard for the ...
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Crown Crafts, Inc. to Announce Results for Second Quarter of Fiscal Year 2010

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Q2 2010 Crown Crafts Earnings Release - Before Market Open

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CROWN CRAFTS INC Financials

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