Baby products retailer Crown Crafts's Q1 sales fall, loss widens due to increased tariff costs

Crown Crafts

13/08/2025 12:16

Overview

Crown Crafts fiscal Q1 net sales fell 4.5% yr/yr, impacted by tariffs

Net loss widened to $1.1 mln, affected by increased tariff costs

Baby Boom acquisition added $2.1 mln in net sales for fiscal Q1

Result Drivers

TARIFF IMPACT - Increased tariffs on products imported from China led to higher costs and reduced gross profit

BABY BOOM ACQUISITION - Acquisition added $2.1 mln to net sales, partially offsetting declines

INVENTORY SHORTAGES - Strategy to minimize tariff impact resulted in inventory shortages, affecting sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$15.48 mln
Q1 EPS
-$0.1
Q1 Net Income
-$1.10 mln
Q1 Gross Profit
$3.52 mln
Q1 Operating Income
-$1.20 mln
Q1 Pretax Profit
-$1.38 mln


Press Release: ID:nGNX2DMqHz

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)