Found this summary of the results:

http://www.tradingmarkets.com/.site/news...

CRFT: Management Comments on Q4/FY09 Results and Operational Improvements
Tue. September 29, 2009; Posted: 01:42 PM

Craftmade International, Inc. (CRFT) announced its financial results on Monday for its fourth quarter and fiscal year ended June 30, 2009.

Net sales for the quarter ended June 30, 2009 were $30,265,000, compared to $39,122,000 in the prior year quarter, representing a decrease of 22.6%. Net loss per share was $0.05 for the quarter, compared to net income per share of $0.07 for the comparable year-ago period.

Net sales for the fiscal year increased $12,102,000, or 8.8%, to $149,692,000, compared to $137,590,000 reported in the last fiscal year. Net loss per share was $0.19 for the 2009 fiscal year, compared to net income of $0.39 for the 2008 fiscal year.

Marcus Scrudder, CEO of Craftmade, commented in a conference call today, "Our industry has been seriously challenged during the past year. We have seen some of our specialty retailers close their doors in this economy. We have been managing our business through an environment that is 1/3 of historical lows for housing starts, an important metric for us."

Brett Burford, CFO of Craftmade, added, "Sales of our products continue to be affected by the overall weak economy, reduced consumer spending and historically lower housing market."

Mr. Scrudder noted, "We have also seen some shake-out from our competitors in both the furniture and lighting industries. Some have filed bankruptcy or have been weakened by the economy. We are working really hard to take advantage of this."

He explained, "We cut out operating expenses by $1.8 million, or 21% decrease in SG&A, without affecting our operations. We have also improved our sales and marketing to rebrand many of our product lines to leverage our two flagship trademarks, Craftmade and Woodard. In addition to our operational efficiencies, and we believe that we grown market share."