Crown Crafts, Inc.

Good day and welcome to the Crown Craft Incorporated second quarter fiscal 2025 conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star, then two. Please note this event is being recorded. I would now like to turn the conference over to John Beisler with Three Part Advisors, the company's investor relations firm. Please go ahead.

Thank you, Cindy, and good morning, everyone. We appreciate you for joining us for the Crown Craft's second quarter fiscal 2025 conference call. Joining me today are Crown Crafts President and CEO, Olivia Elliott, and the company's CFO, Craig Demarest. Earlier this morning, Crown Crafts filed a 10-Q and issued a press release regarding their second quarter fiscal 25 financial results. A copy of the release is available on the company's website, crowncrafts.com. During today's call, the company will make certain forward-looking statements, and actual results may differ materially from those expressed or implied. These statements are subject to risks and uncertainties that may be beyond Crowncraft's control, and the company is under no obligation to update these statements. For more information about the company's risk factors and other uncertainties, please refer to the company's filings with the Securities and Exchange Commission. Finally, I would like to remind you today's call is being recorded, and a replay will be available through the company's investor relations page. Now I would like to turn the call over to the President and CEO, Olivia Elliott.

Thank you, John, and good morning, everyone. We're pleased to report our second quarter results, which reflect a favorable contribution from our recent acquisition of Baby Boom assets, a solid overall gross profit and continued strong execution as we await a stronger macro environment. The highlight of the quarter was our purchase of the assets of Baby Boom consumer products, which positively contributed to our bottom line. We're excited about the addition of Baby Boom's portfolio of branded and licensed products that enhances our presence in the toddler segment and further extends our product offerings with the addition of diaper bags. The Baby Boom acquisition comes at a potential positive inflection point for customer demand, just as we head into our most important selling season. Interest rate cuts and lower inflation are adding to consumer purchasing power, And just this past Friday, the University of Michigan's Consumer Sentiment Index climbed to its highest level since April. Looking ahead, we're confident in our forward trajectory. Before I share more on our strategy and outlook, I'll turn it over to Craig to cover our solid second quarter results in more detail.