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

Reuters

08/13

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

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.)

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It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baby products retailer Crown Crafts's Q1 sales fall, loss widens due to increased tariff costs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRWS","symbol_name":"Crown Crafts製衣","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250813:nPLXC1A6B7:2","article_id":"2559771609","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2559771609","pubTimestamp":1755083776,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Baby products retailer Crown Crafts's Q1 sales fall, loss widens due to increased tariff costsOverviewCrown Crafts fiscal Q1 net sales fell 4.5% yr/yr, impacted by tariffsNet loss widened to $1.1 mln,","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CRWS":"Crown Crafts制衣"},"translate_title":"婴儿用品零售商Crown Crafts第一季度销售额下降，关税成本增加导致亏损扩大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRWS":0.9},"content_text":"Baby products retailer Crown Crafts's Q1 sales fall, loss widens due to increased tariff costsOverviewCrown Crafts fiscal Q1 net sales fell 4.5% yr/yr, impacted by tariffsNet loss widened to $1.1 mln, affected by increased tariff costsBaby Boom acquisition added $2.1 mln in net sales for fiscal Q1Result DriversTARIFF IMPACT - Increased tariffs on products imported from China led to higher costs and reduced gross profitBABY BOOM ACQUISITION - Acquisition added $2.1 mln to net sales, partially offsetting declinesINVENTORY SHORTAGES - Strategy to minimize tariff impact resulted in inventory shortages, affecting salesKey DetailsMetricBeat/MissActualConsensus EstimateQ1 Revenue$15.48 mlnQ1 EPS-$0.1Q1 Net Income-$1.10 mlnQ1 Gross Profit$3.52 mlnQ1 Operating Income-$1.20 mlnQ1 Pretax Profit-$1.38 mlnPress Release: ID:nGNX2DMqHz(This story was created using Reuters automation and AI based on LSEG and company data. 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