Crown Crafts, Inc. (CRWS) CEO Randall Chestnut on Q4 2019 Results - Earnings Call Transcript

Jun. 14, 2019 12:11 AM ETCrown Crafts, Inc. (CRWS) StockCRWS
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153.96K Followers

Q4: 2019-06-13 Earnings Summary

EPS of $0.14 misses by $0.02
 | Revenue of $21.72M (-4.27% Y/Y) beats by $1.32M

Crown Crafts, Inc. (NASDAQ:CRWS) Q4 2019 Earnings Conference Call June 13, 2019 2:00 PM ET

Company Participants

Randall Chestnut - Chairman, President and Chief Executive Officer
Olivia Elliott - Vice President and Chief Financial Officer

Conference Call Participants

Cindy Ding - D.A. Davidson
Josh Peters - Zenith Sterling Advisers
Ralph Marash - First Manhattan Company

Operator

Hello, ladies and gentlemen and welcome to the Crown Crafts, Inc. Investors Conference Call. Your host for today’s call is Mr. Randall Chestnut, Chairman, President and Chief Executive Officer. [Operator Instructions] Any reproduction of this call in whole or in part is not permitted without prior written authorization from Crown Crafts, Inc. As a reminder, this conference is being recorded today, June 13, 2019. And at this time, I would now like to turn the call over to Ms. Olivia Elliott, Vice President and CFO who will begin the call. Please proceed.

Olivia Elliott

Thank you. Welcome to the Crown Crafts investor conference call for the fourth quarter and full fiscal year 2019. With me today is Randall Chestnut, the company’s President and Chief Executive Officer.

Randall Chestnut

Good afternoon.

Olivia Elliott

A telephone replay of the call will be available 1 hour after the end of the call through 4:00 p.m. Central Time on June 20, 2019. A web replay of the call will be available for 90 days and can be accessed by visiting our website at www.crowncrafts.com.

Before we begin, I would like to remind listeners of the cautionary language regarding forward-looking statements contained in the press release. That same language applies to comments made in today’s conference call. Also in regard to comments made in today’s conference call that are related to the company’s recently announced dividend, its history of paying dividends and the annualized yield on the company’s common stock. We remind listeners that

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