CRWS Earnings Prediction
The chart below shows how CRWS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CRWS sees a +1.36% change in stock price 10 days leading up to the earnings, and a -4.23% change 10 days following the report. On the earnings day itself, the stock moves by -0.09%. This data can give you a slight idea of what to expect for the next quarter's release.
CRWS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
23.80M
25.24%
-1.36%
Gross Margin
27.03%
14.00%
-1.13%
Operating Margin
9.78%
5.39%
-7.82%
Net Margin
7.15%
0.85%
-5.30%
EPS
0.17
30.77%
-5.56%
No Data Available
CRWS Earnings Analysis
Crown Crafts Inc Corporation (CRWS.O) Earnings Conference Call
Positive
Baby Boom Acquisition Impact: Integration of Baby Boom acquisition added $3,800,000 in sales this quarter, contributing positively to overall revenue.
Cash Flow Improvement: Year-to-date cash flow from operations reached $7,000,000, a significant increase from $4,100,000 in the same period last year, indicating strong cash generation capabilities.
Improved Liquidity Position: Cash and cash equivalents at the end of the third quarter increased to $1,100,000 from $829,000 at the end of fiscal '24, reflecting improved liquidity.
Quarterly Dividend Payment: Regular quarterly dividend of $0.08 per share was paid, demonstrating commitment to returning value to shareholders amidst economic challenges.
Inventory Management Success: Inventory balance decreased from $34,900,000 in December '23 to $32,400,000 in December '24, indicating effective inventory management despite the acquisition.
Negative
Net Sales Decline: Net sales decreased to $23,300,000 in Q3 FY25 from $23,800,000 in Q3 FY24, primarily due to lower online toy sales and the loss of a bid program at a major retailer.
Gross Profit Margin Decline: Gross profit margin fell to 26.1% in Q3 FY25 from 27% in Q3 FY24, attributed to changes in product mix and increased lease costs for the California warehouse.
Net Income Decline: Net income dropped to $893,000 or $0.09 per diluted share in Q3 FY25, down from $1,700,000 or $0.17 per diluted share in Q3 FY24, indicating a significant decline in profitability.
Rising Marketing Expenses: Marketing and administrative expenses rose to $4,400,000 in Q3 FY25 from $4,100,000 in Q3 FY24, largely due to costs associated with the Baby Boom acquisition, impacting overall cost management.
Disappointing Holiday Sales: Holiday sales for the Manhattan Toy brand were disappointing, with a significant decline attributed to consumers trading down to less expensive toy lines, reflecting a negative trend in customer purchasing behavior.
CRWS FAQs
How does CRWS typically perform around its earnings report dates?
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CRWS Earning Call Sentiment
Earnings call transcript: Crown Crafts Q3 2024 sees lower earnings, stock dips
CRWS.O
-1.24%Positive
The earnings call summary indicates strong financial performance with increased cash flow and inventory management. The acquisition of Baby Boom is expected to boost sales, and the company is actively managing debt. The Q&A revealed positive developments in partnerships and product lines, though some uncertainties remain. The consistent dividend and optimistic consumer sentiment further support a positive outlook. Despite minor concerns about unclear guidance on expenses, the overall sentiment leans towards a positive stock price movement.
