Welcome to our dedicated page for Crown Crafts SEC filings (Ticker: CRWS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Crown Crafts, Inc. filings document financial results, governance matters and material events for its infant, toddler and juvenile consumer products business. Form 8-K reports furnish quarterly and annual operating results, exhibits with earnings releases, dividend actions and discussion of product categories such as bedding, diaper bags, bibs, toys and disposable products.
Proxy and annual meeting filings cover board elections, executive compensation, auditor ratification and stockholder advisory votes. Material-event filings also record changes involving subsidiary executive roles, employment and compensation arrangements, linking governance disclosures to operating subsidiaries such as NoJo Baby & Kids.
Crown Crafts, Inc. is asking stockholders to vote at its August 10, 2026 annual meeting on three proposals: electing two new Class III directors (Ixchell C. Duarte and Tatiana G. Ferreira), approving an amended and restated 2021 incentive plan, and ratifying KPMG as independent auditor.
Holders of 10,760,287 shares of common stock outstanding as of June 12, 2026 may vote, with directors and officers collectively owning about 12.3%. The company uses a classified board, with staggered three‑year terms, and has determined all non‑employee directors and nominees are independent under Nasdaq standards.
Governance features include an independent board chair, four standing committees, stock ownership guidelines for directors and senior executives, an insider trading policy that bans hedging, short sales and pledging, and a clawback policy for erroneously awarded incentive pay. Non‑employee directors receive a $60,000 annual cash retainer plus restricted stock grants targeted at $100,000 in value.
Crown Crafts, Inc. reported fourth quarter and full-year fiscal 2026 results showing higher profitability despite slightly lower sales. For the quarter ended March 29, 2026, net sales were $22.4 million versus $23.2 million a year earlier, while gross profit rose to $5.1 million and gross margin improved to 22.9% from 18.3%. Quarterly net income was $0.3 million, or $0.03 per diluted share, compared with a net loss of $10.8 million, which had included a $13.8 million goodwill impairment charge.
For fiscal 2026, net sales were $82.3 million versus $87.3 million in fiscal 2025, and net income was $1.8 million, or $0.17 per diluted share, compared with a net loss of $9.4 million. The Board declared a quarterly cash dividend of $0.08 per share payable July 2, 2026 to stockholders of record on June 11, 2026.
Crown Crafts, Inc. reported fiscal 2026 net sales of $82.3 million, down 5.7% from $87.3 million in 2025, as bedding and diaper bag sales fell while bibs, toys and disposable products grew modestly.
Gross profit was $20.1 million, flat at 24.4% of net sales, with higher tariffs on China-sourced products pressuring margins. Marketing and administrative expenses rose to $19.0 million and 23.1% of sales, driven partly by higher advertising.
Net income swung to a $1.8 million profit from a $9.4 million loss in 2025, helped by $2.5 million of proceeds from a representations and warranties insurance policy related to the Baby Boom acquisition and stronger other income. The effective tax rate increased to 30.1%. The company ended the year with 10,760,287 shares outstanding and used a $40 million revolving credit facility, with $9.5 million drawn and $12.5 million of availability as of March 29, 2026.
Key risks include heavy reliance on two major customers representing 57% of 2026 gross sales, 52% of sales from licensed products (23% from Disney licenses), exposure to tariffs and geopolitical tensions affecting China sourcing, declining U.S. birthrates, climate-related disruptions, and cybersecurity and IT risks. The company is pursuing potential refunds of approximately $5.3 million in IEEPA tariffs incurred in 2026, but no receivable has been recorded due to uncertainty.
Spencer Claire K. reported acquisition or exercise transactions in this Form 4 filing.
CROWN CRAFTS INC Vice President and CFO Claire K. Spencer received a grant of 10,000 shares of Common Stock as equity compensation. These shares are restricted stock awarded under the company’s 2021 Incentive Plan and are scheduled to vest on March 24, 2029. Following this grant, Spencer directly holds 25,000 shares of the company’s common stock. This is a compensation-related award rather than an open-market purchase.
Crown Crafts, Inc. reported third quarter fiscal 2026 net sales of $20.7 million, down from $23.4 million a year earlier, as the company continued to face softer demand and higher tariffs.
Gross profit declined to $4.9 million, with gross margin narrowing to 23.5% from 26.1%. The company posted a small operating loss of $0.1 million, but other income benefited from $2.5 million of insurance proceeds related to a recent acquisition. As a result, income before income taxes increased to $2.1 million from $1.3 million, and net income rose to $1.5 million, or $0.14 per basic and diluted share, compared with $0.9 million, or $0.09 per share, in the prior-year quarter.
For the first nine months of fiscal 2026, net sales were $59.9 million versus $64.0 million a year earlier, while net income was $1.6 million compared with $1.4 million. The Board declared a quarterly cash dividend of $0.08 per share, payable on April 3, 2026 to stockholders of record on March 13, 2026.
Crown Crafts, Inc. reported third quarter fiscal 2026 net sales of $20.7 million, down from $23.4 million a year earlier, as the company continued to face softer demand and higher tariffs.
Gross profit declined to $4.9 million, with gross margin narrowing to 23.5% from 26.1%. The company posted a small operating loss of $0.1 million, but other income benefited from $2.5 million of insurance proceeds related to a recent acquisition. As a result, income before income taxes increased to $2.1 million from $1.3 million, and net income rose to $1.5 million, or $0.14 per basic and diluted share, compared with $0.9 million, or $0.09 per share, in the prior-year quarter.
For the first nine months of fiscal 2026, net sales were $59.9 million versus $64.0 million a year earlier, while net income was $1.6 million compared with $1.4 million. The Board declared a quarterly cash dividend of $0.08 per share, payable on April 3, 2026 to stockholders of record on March 13, 2026.
Crown Crafts reported lower sales but higher profit for the quarter ended December 28, 2025. Net sales fell to $20.7 million from $23.4 million, as bedding and diaper bag revenue dropped, partly offset by growth in bibs, toys and disposable products. Gross margin declined to 23.5% from 26.1%, mainly due to higher U.S. tariffs on products sourced from China.
Despite softer revenue and margins, quarterly net income rose to $1.5 million, or $0.14 per share, from $0.9 million, or $0.09 per share, largely driven by $2.5 million of insurance proceeds related to the Baby Boom acquisition. For the nine-month period, sales were $59.9 million versus $64.0 million, while net income edged up to $1.6 million. The company generated $7.1 million of operating cash flow, ended the quarter with $2.4 million in cash and $16.4 million of variable-rate debt, and continues to rely heavily on major customers such as Walmart, Amazon and Target. Management again disclosed a material weakness in internal control over financial reporting related to manual journal entries, which has not yet been remediated.
Crown Crafts reported lower sales but higher profit for the quarter ended December 28, 2025. Net sales fell to $20.7 million from $23.4 million, as bedding and diaper bag revenue dropped, partly offset by growth in bibs, toys and disposable products. Gross margin declined to 23.5% from 26.1%, mainly due to higher U.S. tariffs on products sourced from China.
Despite softer revenue and margins, quarterly net income rose to $1.5 million, or $0.14 per share, from $0.9 million, or $0.09 per share, largely driven by $2.5 million of insurance proceeds related to the Baby Boom acquisition. For the nine-month period, sales were $59.9 million versus $64.0 million, while net income edged up to $1.6 million. The company generated $7.1 million of operating cash flow, ended the quarter with $2.4 million in cash and $16.4 million of variable-rate debt, and continues to rely heavily on major customers such as Walmart, Amazon and Target. Management again disclosed a material weakness in internal control over financial reporting related to manual journal entries, which has not yet been remediated.
Crown Crafts, Inc. (CRWS) reported an insider share purchase by director Donald R. Ratajczak on a Form 4. On November 19, 2025, he bought 5,000 shares of common stock in an open-market transaction at a price of $2.70 per share, coded as a purchase ("P").
After this transaction, he directly beneficially owns 336,181 shares of Crown Crafts common stock. The filing reports no derivative securities transactions.
Crown Crafts, Inc. (CRWS) director reports open-market share purchases. The reporting person bought a total of 30,000 shares of common stock in three transactions: 10,000 shares on 11/13/2025 at a weighted-average price of $2.745 per share, 10,000 shares on 11/14/2025 at $2.69 per share, and 10,000 shares on 11/17/2025 at $2.80 per share.
After these purchases, the director beneficially owns 331,181 shares of Crown Crafts common stock directly. The filing notes that the $2.745 price on 11/13/2025 reflects a weighted-average of two 5,000-share trades at $2.75 and $2.74.
Crown Crafts, Inc. furnished an 8-K announcing its second-quarter fiscal 2026 financial results, with the period ended September 28, 2025. The results are detailed in a press release attached as Exhibit 99.1.
The company states the information is being furnished under Item 2.02 and shall not be deemed filed under the Exchange Act or incorporated by reference under the Securities Act.