Crown Crafts reports results for Q4 & full fiscal year 2009
01 Jul '09
3 min read
pite the difficult economic environment, our business model and our strong cash flow will keep us in an excellent competitive position to manage through this economic downturn and subsequently benefit from the economy's recovery. During this time, we have continued to concentrate our efforts on implementing our strategic plan and maintaining our focus on controlling costs. As a result, the Company's EBITDA (earnings before interest, taxes, depreciation and amortization) for fiscal 2009 was $10.0 million, a $1.0 million improvement over fiscal 2008," Mr. Chestnut continued.