Overview

* Crown Crafts ( CRWS ) fiscal Q1 net sales fell 4.5% yr/yr, impacted by tariffs

* Net loss widened to $1.1 mln, affected by increased tariff costs

* Baby Boom acquisition added $2.1 mln in net sales for fiscal Q1

Result Drivers

* TARIFF IMPACT - Increased tariffs on products imported from China led to higher costs and reduced gross profit

* BABY BOOM ACQUISITION - Acquisition added $2.1 mln to net sales, partially offsetting declines

* INVENTORY SHORTAGES - Strategy to minimize tariff impact resulted in inventory shortages, affecting sales

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 $15.48

Revenue mln

Q1 EPS -$0.1

Q1 Net -$1.10

Income mln

Q1 Gross $3.52

Profit mln

Q1 -$1.20

Operatin mln

g Income

Q1 -$1.38

Pretax mln

Profit

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)