Crown Crafts Q2 FY2025 net income falls to $860k from $1.8M YoY; revenue edges up to $24.5M

CROWN CRAFTS INC

Net sales $24.5M (+1.7% YoY) driven by Baby Boom ($3.4M), offset by legacy declines including lost bib program.
Net income $860k ($0.08 diluted) vs $1.8M ($0.18) prior year; includes $788k acquisition-related costs ($0.06 EPS impact).
Gross margin improved to 28.4% from 27.3%; marketing/admin expenses rose to $5.4M from $4.0M due to acquisition costs.
Quarterly dividend maintained at $0.08/share, payable Jan 3, 2025 to holders of record Dec 13, 2024.
CEO cites cross-selling opportunities with Baby Boom and cost management as drivers for future profitability.

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