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GONZALES, La. -- Press Kit Materials are Available at: http://www.tradeshownews.com/events/24th-Annual-ROTH-Conference/CrownCrafts/
Company:
Crown ...
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Judgment affirmed. Blackburn, J., concurs. Beasley, C. J., concurs specially.
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The Wynnefield Group, the largest stockholder in the Gonzales- based baby products distributor Crown Crafts Inc. says there's an "urgent need for strategic action" after company management adjusted its earnings guidance for 2011.
On Jan. 6, Crown Crafts announced it was lowering its net sales projections to a range between $91 million and $93 million, down from $95 million. The reason the company gave for the adjustment was shipment delays by one of its major retail customers to adjust inventory levels.
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Business Editors
IRVINE, Calif.--(BUSINESS WIRE)--April 28, 2003
Ocean Pacific Apparel Corp. (OP), the original California lifestyle brand (Op), t...
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For infant product manufacturer Crown Crafts Inc., 2007 developed into a seesaw year bearing the high of a new $12.4-million acquisition and lows associated with the troubled Asian toy industry.
Crown Crafts Inc., the nation's largest producer of infant and toddler bedding, bibs and bath items, is headquartered in Ascension Parish. It thrives by one determining factor: birth rates. U.S. births grew steadily between 2002 and 2006, dipping only incrementally in 2007. That factor helps Crown Crafts plow ahead in a retail economy that undoubtedly is strapped under the weight of high fuel and food prices.
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Baby products manufacturer Crown Crafts Inc. has paid $4.4 million for most of the assets of Neat Solutions Inc.
Based in Huntsville, N.C., Neat Solutions is the privately-held developer of the Table Topper Stay-in-Place Mat and the Potty Topper toilet seat cover.
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Our focus on public companies in 2008 reaches beyond New Orleans to include a broader sampling of businesses with the goal of providing an accurate portrait of the Louisiana economy.
Recession concerns top business news these days, and a glimpse at two consumer-driven companies -- Pool Corp. of Covington and Crown Crafts Inc. in Gonzales -- shows both sides of the spending story.
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Baby products manufacturer Crown Crafts Inc. today said earnings for the first quarter that ended June 28 were $538,000, or 6 cents per diluted share, down from earnings for the same quarter last year of $619,000, or 6 cents per diluted share.
First-quarter net sales were $17.7 million, down from $19.8 million for the same quarter last year.
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Crown Crafts, a Gonzales-based designer and distributor of infant and toddler products, said it has entered into a licensing agreement with Procter & Gamble to produce, market and sell for P&G infant products under the Pampers brand name.
The products, to be developed by Crown Crafts subsidiaries Crown Crafts Infant Products Inc. and Hamco Inc., will include infant bedding, blankets, bibs, bath goods and slings.
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-- Crown Crafts Management-Endorsed Board Majority Lacks Fa..., the largest stockholder in Crown Crafts Inc. (NASDAQ: CRWS), today urged stockholders to remai...