Tag Archives: E. Randall Chestnut

Crown Crafts Q1 Net Falls 14.5 Percent

Crown Crafts

GONZALES, La.-Emerging from what historically is its slowest quarter of the year, Crown Crafts posted first-quarter net income of $703,000, down 14.5 percent from the first quarter of last year. Net sales in the quarter, which ended on June 29, fell 5.5 percent to $15.7 million. Gross margin edged up 20 basis points to 27.3More »

Last updated: August 13, 2014

Crown Crafts Expands Carter’s License into Infant Bedding

Crown Crafts

GONZALES, La.-Crown Crafts’ infant products unit has reached an agreement to expand its license with Carter’s to include infant bed sets and decor. The new deal extends the company’s agreement with Carter’s which currently covers toddler bedding. E. Randall Chestnut, Crown Crafts’ chairman, president and CEO, said, “This is part of our ongoing effort toMore »

Last updated: July 28, 2014

Crown Crafts Q3 Net Gains 10.9 Percent

Crown Crafts

GONZALES, La.-Crown Crafts bucked the tough retail economy by turning in double-digit increases in both net income and operating income in its fiscal third quarter, which ended on Dec. 29. Net income rose 10.9 percent to finish the quarter at $1.8 million. The company did not break out selling, general and administrative expenses in itsMore »

Last updated: February 12, 2014

Crown Crafts Net Falls 8.4 Percent in Q1

Crown Crafts

GONZALES, La.-Difficulties in the retail sector put a crimp on Crown Crafts’ net income in its fiscal first quarter, which ended on June 30. Net income decreased by 8.4 percent to $822,000, as net sales declined by 4.8 percent to $16.6 million. E. Randall Chestnut, chairman, president and CEO, said the first quarter is traditionallyMore »

Last updated: August 14, 2013