8-K/A filed September 27, 2024, 7:59 PM ET ticker CRWS CIK 0000025895

M&A confidence high sentiment positive materiality 0.70

Crown Crafts acquires Baby Boom Consumer Products for $18M; Baby Boom had $22.2M sales in 2023

CROWN CRAFTS INC

Acquisition closed July 19, 2024; Baby Boom's audited 2023 net sales $22.2M, net income $1.59M.
Baby Boom reported $1.47M income from operations on $7.65M gross profit in 2023.
Baby Boom's assets at Dec 31, 2023 totaled $7.73M; shareholders' equity $5.55M.
Pro forma combined financials filed; acquisition accounted for as asset purchase.
Baby Boom sells diaper bags, infant accessories, toys, and room décor to national retailers.

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