Crown Crafts Q1 net loss $322k ($0.03/sh); Baby Boom acquisition completed; $0.08 dividend

CROWN CRAFTS INC

2025-Q1 EPS reported -$0.03 revenue$16,212,000

Q1 net loss $322k ($0.03 per share) vs net income $366k ($0.04) a year ago; net sales $16.2M down 5% from $17.1M.
Gross margin fell to 24.5% from 27.7%; results include $244k UK closure costs and $116k Baby Boom acquisition costs.
Subsequent to quarter, acquired Baby Boom (toddler bedding, diaper bags) – expected to be immediately accretive to earnings.
Quarterly dividend of $0.08 per share declared, payable Oct 4, 2024 to holders of record Sep 13, 2024.
Stockholders re-elected Michael Benstock and Zenon S. Nie as Class II directors and ratified KPMG as auditor.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.