Crown Crafts to Present and Hold Investor Meetings at the 15th Annual Southwest IDEAS Investor Conference
November 09 2023 - 9:18PM
Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today
announced that Olivia W. Elliott, President and Chief Executive
Officer, and Craig J. Demarest, Vice President and Chief Financial
Officer, will present at the 15th Annual Southwest IDEAS Investor
Conference on Thursday, November 16, 2023, at The Statler Hotel in
Dallas, Texas. Management is scheduled to present at 8:40 a.m.
Central Standard Time and host one-on-one meetings throughout the
day.
The presentation will be webcast live and may be
accessed at the conference host’s main website,
https://www.threepartadvisors.com/southwest and in the investor
relations section of the Company’s website,
www.crowncrafts.com/investor-relations/news-events. A replay of the
webcast will be available for 90 days after the presentation at
https://www.wsw.com/webcast/threepa42/crws/2243121.
About IDEAS Investor
Conferences
The mission of the IDEAS Investor Conferences is
to provide independent regional venues for quality companies to
showcase their merits to an influential audience of investment
professionals. Unlike traditional bank-sponsored events, IDEAS
Investor Conferences are “SPONSORED BY INVESTORS. FOR
INVESTORS.” for the benefit of regional investment
communities.
The IDEAS Investor Conferences are held annually
in Chicago, Dallas and virtually and are produced by Three Part
Advisors, LLC with sponsorships from firms that collectively have
more than $200 billion in assets under management. Qualified
investors interested in attending should contact Steven Hooser at
(214) 872-2710 or shooser@threepa.com. Additional information about
the conferences can be obtained at www.IDEASconferences.com or by
contacting Lacey Wesley at lwesley@threepa.com.
About Crown Crafts, Inc.
Crown Crafts, Inc. designs, markets and
distributes infant, toddler and juvenile consumer products. Founded
in 1957, Crown Crafts is one of America’s largest producers of
infant bedding, toddler bedding, bibs, toys and disposable
products. The Company operates through its four wholly-owned
subsidiaries, NoJo Baby & Kids, Inc., Sassy Baby, Inc.,
Manhattan Group, LLC and Manhattan Toy Europe Limited, which market
a variety of infant, toddler and juvenile products under
Company-owned trademarks, as well as licensed collections and
exclusive private label programs. Sales are made directly to
retailers such as mass merchants, large chain stores and juvenile
specialty stores. For more information, visit the Company’s website
at www.crowncrafts.com.
Forward-Looking Statements
The foregoing contains forward-looking
statements within the meaning of the Securities Act of 1933, the
Securities Exchange Act of 1934 and the Private Securities
Litigation Reform Act of 1995. Such statements are based upon
management’s current expectations, projections, estimates and
assumptions. Words such as “expects,” “believes,” “anticipates,”
“estimates,” “predicts,” “forecasts,” “plans,” “projects,”
“targets,” “should,” “potential,” “continue,” “aims,” “intends,”
“may,” “will,” “could,” “would” and variations of such words and
similar expressions may identify such forward-looking statements.
Forward-looking statements involve known and unknown risks and
uncertainties that may cause future results to differ materially
from those suggested by the forward-looking statements. These risks
include, among others, general economic conditions, including
changes in interest rates, in the overall level of consumer
spending and in the price of oil, cotton and other raw materials
used in the Company’s products, changing competition, changes in
the retail environment, the Company’s ability to successfully
integrate newly acquired businesses, the level and pricing of
future orders from the Company’s customers, the extent to which the
Company’s business is concentrated in a small number of customers,
the Company’s dependence upon third-party suppliers, including some
located in foreign countries, customer acceptance of both new
designs and newly-introduced product lines, actions of competitors
that may impact the Company’s business, disruptions to
transportation systems or shipping lanes used by the Company or its
suppliers, and the Company’s dependence upon licenses from third
parties. Reference is also made to the Company’s periodic filings
with the Securities and Exchange Commission for additional factors
that may impact the Company’s results of operations and financial
condition. The Company does not undertake to update the
forward-looking statements contained herein to conform to actual
results or changes in our expectations, whether as a result of new
information, future events or otherwise.
Company Contact:
Craig J. DemarestVice President and
Chief Financial Officer(225) 647-9118cdemarest@crowncrafts.com
Investor Relations:
Three Part AdvisorsSteven Hooser,
Partner, or John Beisler, Managing Director(817) 310-8776
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