Filing Flows › Crown Crafts (CRWS) › Q3 FY25
Crown Crafts (CRWS) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 12, 2025
Crown Crafts (CRWS) reported revenue of $23.4M for the third quarter fiscal 2025 (Q3 FY25), -2% from a year earlier and -5% from the quarter before. Operating margin was 7.3%, net earnings $893K (3.8% of revenue).
Crown Crafts, Q3 FY25: revenue $23.4M (-2% year over year), operating margin 7.3%, net earnings $893K, operating cash flow −$36K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $23.4M | -5% | -2% |
| Gross profit | $6.1M | -12% | -5% |
| Operating profit | $1.7M | +13% | -27% |
| Net earnings | $893K | +4% | -48% |
| Operating cash flow | −$36K | — | — |
What changed
Revenue was $23.4M in Q3 FY25, down 2% year over year and down 5% from the previous quarter. Bibs, Bath, Developmental Toy, Feeding, Baby Care and Disposable Products was the largest line at 52% of revenue. Bibs, Bath, Developmental Toy, Feeding, Baby Care and Disposable Products lost $2.6M year over year (down 18%), 586% of the total change.
Gross margin was 26.1%, down 0.9 points from a year earlier. Operating profit was $1.7M, a 7.3% margin (down 2.5 points year over year). Operating expenses grew 7% against a revenue fall of 2%. Net earnings were $893K, down 48% year over year. The effective tax rate was 30.0%.
Operating cash flow was −$36K. Non-cash charges added back $386K of depreciation and amortization and $180K of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of $184K exceeded it, leaving free cash flow of −$220K.
Questions
What was Crown Crafts' revenue in the third quarter fiscal 2025?
Crown Crafts (CRWS) reported revenue of $23.4M for the third quarter fiscal 2025 (Q3 FY25), -2% from a year earlier and -5% from the quarter before.
Was Crown Crafts profitable in the third quarter fiscal 2025?
Operating profit was $1.7M (7.3% of revenue) and net earnings $893K.
Source: Crown Crafts 10-Q on SEC EDGAR.