Crown Holdings(CCK)

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Endurance Reports Drill Discoveries at the Crown Zone - 147.5 gpt Gold over 1.0 Metre and 7.61 gpt Gold over 5.7 Metres
Newsfile· 2024-11-19 12:10
Core Insights - Endurance Gold Corporation announced significant assay results from five diamond drill holes at the Crown Zone, part of the Reliance Gold Project, indicating high-grade gold mineralization [1][2][5]. Group 1: Drill Results - The Upper Crown Discovery (DDH24-093) returned 147.5 grams per tonne (gpt) gold over 1.0 metre, with an additional 74.29 gpt gold over 2.0 metres from a quartz-sulphide vein [2][3]. - The Lower Crown Discovery (DDH24-103) reported 7.61 gpt gold over 5.7 metres and 49.10 gpt gold over 0.3 metres from a quartz-calcite vein [2][3]. - A total of 26 drill holes have been completed, totaling 7,303 metres drilled during the 2024 season, demonstrating the potential for gold mineralization between the Eagle and Imperial Zones [1][6]. Group 2: Geological Insights - The gold mineralization in the Upper Crown Zone is associated with altered mafic volcanic hosted quartz veins and quartz-arsenopyrite breccia, while the Lower Crown intersection is hosted in siltstone, expanding exploration possibilities [3][5]. - The drilling program has successfully demonstrated a continuous alteration and deformation zone with significant gold between the Eagle and Imperial zones [5][6]. Group 3: Future Potential - The assay results from 2021 to 2024 indicate a significant gold system potential with a 1.5 km strike length and 700 m vertical extent, suggesting excellent potential for further growth [6][5]. - The company is focused on the acquisition, exploration, and development of highly prospective North American mineral properties, aiming to develop world-class deposits [7].
Crown Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-14 14:32
Achieved Record Quarterly Revenue of $8.0 Million Reiterates Fourth Quarter and Full Year 2024 Revenue Guidance of $9 Million and $22 Million, Respectively Conference Call and Webcast Scheduled for Today, November 14th at 11:00 a.m. ET LOS ANGELES, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of innovative technology infrastructure solutions that benefit communities and the environment, today reported its financial results for th ...
Crown Crafts to Present at the 16th Annual Southwest IDEAS Investor Conference
GlobeNewswire News Room· 2024-11-13 12:31
GONZALES, La., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that Olivia W. Elliott, President and Chief Executive Officer, and Craig J. Demarest, Vice President and Chief Financial Officer, will present at the 16th Annual Southwest IDEAS Investor Conference on Wednesday, November 20, 2023, at The Statler Hotel in Dallas, Texas. Management is scheduled to present at 8:35 a.m. Central Standard Time and host one-on-one meetings throughout the day. The p ...
TOBLERONE® Introduces the Crown Jewel of the Holiday Season
Prnewswire· 2024-11-12 14:00
Product Launch - TOBLERONE has introduced a new product, TOBLERONE Truffles, as part of its "Never Square" line of premium chocolates, aimed at the holiday season [1][2] - The truffles feature a milk chocolate shell filled with a chocolatey center and crunchy bits of honey and almond nougat, presented in an elegant diamond shape [2][3] Availability and Pricing - TOBLERONE Truffles will be available exclusively at Costco starting the week of November 25, packaged in a gold box containing more than 50 individually wrapped truffles, priced at $11.99 [3] Company Overview - Mondelēz International, the parent company of TOBLERONE, reported net revenues of approximately $36 billion in 2023 and operates in over 150 countries with a portfolio of iconic brands [4]
Crown Crafts Announces Financial Results for Second Quarter Fiscal 2025
GlobeNewswire News Room· 2024-11-12 11:33
Core Viewpoint - Crown Crafts, Inc. reported a net sales increase in the second quarter of fiscal year 2025, driven by the acquisition of Baby Boom Consumer Products, despite facing challenges in its legacy businesses [2][4][5]. Financial Performance - Net sales for the second quarter of fiscal 2025 were $24.5 million, up from $24.1 million in the same quarter of the previous year, with Baby Boom contributing $3.4 million to this increase [2][4]. - Gross profit margin improved to 28.4% compared to 27.3% in the prior-year quarter, attributed to minor changes in product mix and increased costs at the Compton facility [5]. - Net income for the quarter was $860,000, or $0.08 per diluted share, down from $1.8 million, or $0.18 per diluted share in the prior-year quarter, impacted by $788,000 in acquisition-related costs [2][5][12]. Acquisition Impact - The acquisition of Baby Boom on July 19, 2024, is seen as a key factor in the company's performance, providing immediate sales contributions and potential for cross-selling opportunities [3][4]. - The company is optimistic about future growth prospects, including product development and expanded distribution channels [3]. Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.08 per share, to be paid on January 3, 2025, to shareholders of record as of December 13, 2024 [6]. Company Overview - Crown Crafts, Inc. specializes in designing, marketing, and distributing infant, toddler, and juvenile consumer products, operating through subsidiaries NoJo Baby & Kids, Inc. and Sassy Baby, Inc. [8].
Crown to Participate in Electro Scan's Lead Webinar on November 12th
GlobeNewswire News Room· 2024-11-06 14:00
Core Viewpoint - Crown Electrokinetics Corp. is participating in a webinar focused on the U.S. EPA's Lead and Copper Rule Improvements, highlighting its lead pipe identification and remediation solutions [1][2]. Group 1: Company Participation and Initiatives - Crown will join Electro Scan Inc. for a webinar on November 12, 2024, to discuss lead detection and remediation projects [1][6]. - The event will cover project updates from Baltimore and best practices for identifying buried drinking water pipes in Florida and New York [2]. Group 2: Industry Context and Opportunities - There are an estimated 100 million unidentified water service pipelines in the U.S., presenting a significant opportunity for Crown's services in supporting the EPA's LCRI legislation [4]. - The EPA mandates the removal of all lead drinking water pipes over a ten-year period, incentivizing water utilities to identify unknown pipe materials [4]. Group 3: Technology and Solutions - Electro Scan Inc. has developed a machine-intelligent solution that can identify various types of buried pipes without excavation [5]. - Crown's partnership with Electro Scan allows for a comprehensive 'find & fix' solution, enhancing water quality for American communities [6]. Group 4: Company Overview - Crown is an innovative solutions provider with three business divisions: Smart Windows, Fiber Optics, and Water Solutions, focused on benefiting communities and the environment [8].
Crown Crafts to Announce Second Quarter Fiscal Year 2025 Results on November 12, 2024
GlobeNewswire News Room· 2024-11-06 00:17
GONZALES, La., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it intends to release the results of its operations for the second quarter of fiscal year 2025 before the market opens on Tuesday, November 12, 2024. Olivia W. Elliott, President and Chief Executive Officer and Craig J. Demarest, Vice President and Chief Financial Officer, will host a teleconference at 8:00 a.m. Central Standard Time on Tuesday, November 12, 2024 to discuss the Company’ ...
Crown Announces Suspension of Equity Line of Credit
GlobeNewswire News Room· 2024-11-05 14:29
LOS ANGELES, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Crown Electrokinetics Corp. (NASDAQ: CRKN) ("Crown" or the "Company”), a leading provider of cutting edge technology solutions that benefit communities and the environment, today announced that it has suspended the use of its Equity Line of Credit (ELOC) agreement with Liqueous LP. “Recently, Crown had an initial, modest use of the ELOC, but has now made the decision to suspend its use. We established the ELOC to complement our existing capital options and prov ...
Should Value Investors Buy Crown Holdings (CCK) Stock?
ZACKS· 2024-11-04 15:45
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...
My 6.3% Yielding Crown Jewel: Why Antero Midstream Remains A Strong Buy
Seeking Alpha· 2024-11-03 11:22
Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .I have to say, I feel a little guilty. That's because I have discussed Antero Midstream (NYSE: AM ) in a number of multi-ticker articles recently. It may feel like I'm pushing my idea to the masses.Analyst’s Disclosure: I/we have a beneficial long position in the shares of AM ei ...