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Crown Crafts, Inc. (CRWS): Net income for the second quarter of fiscal 2018 was $725,000, or $0.07 per diluted share, on net sales of $16.5 million, compared with net income of $999,000, or $0.10 per diluted share, on net sales of $15.8 million for the second quarter of fiscal 2017. We are pleased that our second quarter performance included a 4.1% increase in net sales, along with increases in gross margin and net income when you exclude the costs to acquire Carousel Designs and credit fees associated with the bankruptcy of a major customer,” said E. Randall Chestnut, Chairman, President and Chief Executive Officer. “Despite the current retail market challenges, we feel that we are in a solid financial position going forward. We are excited about both our innovative new product designs that appeal to millennial parents and the addition of Carousel Designs as a key direct-to-consumer sales channel.” Crown Crafts through its subsidiaries operates in the infant and toddler products segment within the consumer products industry. It designs and distributes, infant and toddler bedding and blankets, bibs, disposable products and accessories.