Crown Crafts, Inc. (CRWS) CEO Randall Chestnut On Q1 2020 Results - Earnings Call Transcript

Crown Crafts, Inc (NASDAQ:CRWS) Q1 2020 Results Conference Call August 14, 2019 2:00 PM ET

Company Participants

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

Conference Call Participants

Josh Peters - Zenith Sterling Advisers
Ralph Marash - First Manhattan
Fred Foulkes - Boston University

Operator

Hello, ladies and gentlemen and welcome to the Crown Crafts, Incorporated 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, August 14, 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. Ms. Elliott, please go ahead.

Olivia Elliott

Thank you. Welcome to the Crown Crafts investor conference call for the first quarter of fiscal 2020. 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 one hour after the end of the call through 4:00 p.m. Central day light time on August 21, 2019. Also 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