Crown Crafts, Inc. (NasdaqCM:CRWS) is looking for acquisitions. Olivia Elliott, President and Chief Executive Officer said, "As we approach the end of fiscal 2024, we continue to implement our long-term strategic plan, which was approved by our Board in fiscal 2023. As a reminder, this plan includes continuing growth in our Toy category through market share expansion within both Sassy and Manhattan Toy.
Toys are projected to represent nearly half of our overall sales for fiscal 2024 compared to just 17% at the end of fiscal 2023. We also have plans to enter into new and adjacent product categories through a combination of organic growth and strategic acquisitions. We are working on product development to bring select items from the Manhattan Toy lineup into Walmart if the price points make sense and we continue to look at additional acquisition opportunities that expand or complement our existing portfolio".
Crown Crafts, Inc. designs, markets, and distributes infant, toddler and juvenile consumer products. It operates through its four subsidiaries, NoJo Baby & Kids, Inc., Sassy Baby, Inc., Manhattan Group, LLC, and Manhattan Toy Europe Limited in the infant, toddler and juvenile products segment. Its infant, toddler and juvenile products segment consists of infant and toddler bedding and blankets, bibs, soft bath products, disposable products, developmental toys and accessories. Its primary focus is on infant, toddler, and juvenile products, including infant and toddler bedding, blankets and swaddle blankets, nursery and toddler accessories, room decor, reusable and disposable bibs, burp cloths, hooded bath towels and washcloths, reusable and disposable placemats and floor mats, disposable toilet seat covers and changing mats, developmental toys, feeding and care goods and other infant, toddler and juvenile soft goods. It serves mass merchants, restaurants, and chain stores, among others.
CROWN CRAFTS, INC. 
