Kid Brands, Inc.

KIDBQ

US49375T1007

Toys & Juvenile Products

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0.0001 ^USD	+9,900.00%		-.--%	-.--%

2022	Mondelez to buy energy bar maker Clif Bar for about $3 billion	RE
2018	Kid Brands, Inc. Bankruptcy Case Dismissed	CI

Kid Brands, Inc. Reports Consolidated Unaudited Earnings Results for the First Quarter Ended March 31, 2012; Provides Earnings Guidance for the First Half Year of 2012

May 11, 2012 at 07:42 am

Kid Brands, Inc. reported consolidated unaudited earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net sales was $55,228,000 against $59,836,000 a year ago. Operating loss was $655,000 against income of $760,000 a year ago. Loss from operations before income tax benefit was $1,274,000 against $351,000 a year ago. Net loss was $803,000 against $325,000 a year ago. Diluted loss per share was $0.04 against $0.02 a year ago. Adjusted net income was $342,000 against $1,684,000 a year ago. Adjusted net income per diluted share was $0.02 against $0.08 a year ago. As previously disclosed, net sales and profitability are expected to remain soft throughout the first half of 2012. Based on current expectations, net sales and non-GAAP adjusted net income per diluted share for the second quarter of 2012 are expected to improve sequentially compared to net sales and non-GAAP adjusted net income per diluted share reported in first quarter of 2012.

Latest news about Kid Brands, Inc.

Mondelez to buy energy bar maker Clif Bar for about $3 billion	22-06-20	RE
Kid Brands, Inc. Bankruptcy Case Dismissed	18-01-04	CI
Motion for Case Conversion or Dismissal Filed by US Trustee for Kid Brands, Inc.	17-09-21	CI
Third Motion for Exclusivity Period Extension Approved For Kid Brands, Inc.	15-05-05	CI
Second Motion for Exclusivity Period Extension Approved For Kid Brands, Inc.	15-02-18	CI
Final DIP Financing Approved for Kid Brands, Inc.	15-01-15	CI
The deal has been expired/cancelled through deal cut-off guideline	14-12-30	CI
First Motion for Exclusivity Period Extension Approved For Kid Brands, Inc.	14-11-09	CI
First Motion for Exclusivity Period Extension Filed by Kid Brands, Inc.	14-09-26	CI
Motion for Asset Sale Approved for Kid Brands, Inc.	14-09-08	CI
Motion for Asset Sale Filed by Kid Brands, Inc.	14-09-03	CI
Crown Crafts Infant Products, Inc. cancelled the acquisition of acquire CoCaLo, Inc. and Kids Line, LLC from Kid Brands, Inc. (OTCPK:KIDB.Q).	14-08-29	CI
Brad Sell, former President of CoCaLo and Kids Line, entered into an asset purchase agreement to acquire CoCaLo, Inc. and Kids Line, LLC from Kid Brands, Inc. (OTCPK:KIDB.Q) for $8 million.	14-08-29	CI
Sassy 14, LLC completed the acquisition of Sassy, Inc. from Kid Brands, Inc. (OTCPK:KIDB.Q) for $12.8 million.	14-08-18	CI
Motion for Asset Sale Approved for Kid Brands, Inc.	14-08-12	CI
Bidding Procedure Approved for Kid Brands, Inc.	14-07-31	CI
Sassy 14, LLC entered into an asset purchase agreement to acquire Sassy, Inc. from Kid Brands, Inc. (OTCPK:KIDB.Q) for $14 million.	14-07-28	CI
Motion for Asset Sale Filed by Kid Brands, Inc.	14-07-28	CI
Motion for Asset Sale Filed by Kid Brands, Inc.	14-07-24	CI
Crown Crafts, Inc. entered into an agreement to acquire CoCaLo, Inc. and Kids Line, LLC from Kid Brands, Inc. (OTCPK:KIDB.Q) for $1.4 million.	14-07-24	CI
Motion for Asset Sale Filed by Kid Brands, Inc.	14-07-21	CI
Motion for Joint Administration Approved for Kid Brands, Inc.	14-06-25	CI
Kid Brands, Inc. Announces Resignation of Raphael Benaroya as Chairman, Chief Executive Officer and President	14-06-24	CI
Interim DIP Financing Approved for Kid Brands, Inc.	14-06-20	CI
Motion for Joint Administration Filed by Kid Brands, Inc.	14-06-18	CI

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Company Profile

Kid Brands, Inc. (Kid Brands) is engaged in the design, development and distribution of infant and juvenile consumer products. The Company operates in one segment: the infant and juvenile business. The Company, through its wholly owned operating subsidiaries: Kids Line, LLC (Kids Line); LaJobi, Inc. (LaJobi); Sassy, Inc. (Sassy), and CoCaLo, Inc. (CoCaLo), designs and markets products in a number of categories including, infant bedding and related nursery accessories and decor, nursery appliances, diaper bags, and bath/spa products (Kids Line and CoCaLo); nursery furniture and related products (LaJobi); and developmental toys and feeding products, and bath and baby care items with features that address the various stages of an infantâs early years, including the Kokopax line of baby gear products (Sassy).

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Toys & Juvenile Products

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