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News Flash
Crown Crafts addresses concerns regarding vinyl bibs
07 May '07
3 min read
No reports of ingestion of hazardous old worn tattered vinyl pieces from bib backings have been received. The staff risk assessment takes into account children's behaviors, such as hand to mouth activity, and the accessibility of lead. Under CPSC Federal law, total lead does not dictate action. Instead decisions must consider the real world interaction of child and product and the accessibility of lead from the product."
The Company expects consolidated net income for the fourth quarter of fiscal year 2007 to decline by an amount not to exceed $200,000, or $0.02 per diluted share, as a result of these events. The Company does not expect a material impact on consolidated net income for the first quarter of fiscal year 2008.
Crown Crafts Inc designs, markets and distributes infant and juvenile consumer products, including bedding, blankets, bibs, bath items and accessories, and luxury hand-woven home decor.
The Company expects consolidated net income for the fourth quarter of fiscal year 2007 to decline by an amount not to exceed $200,000, or $0.02 per diluted share, as a result of these events. The Company does not expect a material impact on consolidated net income for the first quarter of fiscal year 2008.
Crown Crafts Inc designs, markets and distributes infant and juvenile consumer products, including bedding, blankets, bibs, bath items and accessories, and luxury hand-woven home decor.
Crown Crafts Inc
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