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CRWS — Crown Crafts News Story

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Crown Crafts climbs on higher Q2 profit rises

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** Shares of baby products maker Crown Crafts CRWS.O jump 19.4% to $3.15 in choppy premarket trading after Q2 profit rises

** Company posts Q2 net income of $1.2 mln or $0.11/shr, up from $0.9 mln or $0.08/shr a year earlier

** Net sales dip 3.3% to $23.7 mln; gross profit narrows to 27.7% from 28.4% on higher tariff costs

** "While overall sales declined slightly during the quarter, we were able to grow the bottom line despite tariff costs continuing to pressure margins and overall profitability," CEO Olivia Elliott says

** CRWS stock down 41.43% YTD, as of last close

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))

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