2/12/2025

speaker
Jamie
Conference Host

Good day, everyone, and welcome to the Crown Crafts Incorporated third quarter fiscal 2025 conference call. All participants will be in a listen-only mode. If 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 and then one using a telephone keypad. To withdraw your questions, you may press star and two. Please also note today's event is being recorded. At this time, I'd like to turn the conference call over to John Beisler with three part advisors, the company's investor relations firm. Please go ahead.

speaker
John Beisler
Investor Relations Specialist at Three Part Advisors

Thank you, Jamie, and good morning, everyone. We appreciate you joining us for the Crown Crafts third quarter fiscal 2025 conference call. Joining me on the call this morning are Crown Crafts President and CEO Olivia Elliott and the company's CFO, Craig Demarest. Earlier today, Crown Crafts filed its Form 10-Q and issued a press release regarding their third quarter fiscal 2025 financial results. A copy of this 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 Crown Crafts 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.

speaker
Olivia Elliott
President and CEO

Thank you, John. Good morning, everyone, and thank you for joining today's call. Our third quarter results reflect our ability to generate cash flow and profitability during this challenging period of economic uncertainty. In spite of the headwinds we have continued to face this fiscal year, our team has remained focused on delivering strong operating cash flow and proactively managing our controllable expenses. We also continue to refresh some of our categories and develop new products so that we are well positioned to capitalize on future growth when consumers are ready to spend more on discretionary items. During the quarter, we completed the integration of our most recent acquisition, Baby Boom, which we are excited to report added $3.8 million in sales this quarter. We've remained optimistic about the future of these product categories, including diaper bags, which are a new category for us. With that, I'd like to turn it over to Craig to cover the financials in more detail, that I will follow up with additional comments before taking questions.

Disclaimer

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