Every 10-Q that Crown Crafts Inc (CRWS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CRWS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CRWS filings page.
Crown Crafts, Inc. reported a strong quarterly rebound in profitability for the three-month period ended June 28, 2026. Net sales were $16.8 million, up 8.3% from $15.5 million a year earlier, driven by higher bibs, toys and disposable products, partly offset by lower bedding and diaper bag sales.
Profitability improved sharply as gross profit rose to $8.0 million, a 47.9% margin versus 22.7% last year, largely because a $3.7 million IEEPA tariff refund was recorded as a reduction of cost of products sold. Management states gross margin would have been 25.6% without this one-time benefit, still above the prior-year level. Marketing and administrative expenses increased 10.9% to $5.2 million, including incentive compensation tied to the refunds.
The company swung from a net loss of $1.1 million to net income of $2.1 million, or $0.19 per diluted share. Operating cash flow was $5.5 million, supporting debt reduction: the revolving line of credit balance fell to $5.4 million and the term loan to about $4.2 million, with $11.9 million of additional borrowing availability. Crown Crafts remains highly dependent on major retailers and licensed brands and continues to operate under U.S. tariff uncertainty, although accepted IEEPA refund claims totaled $4.7 million, with $4.6 million received by early August 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 (CRWS) reported Q2 FY2026 results. Net sales were $23.7M vs $24.5M a year ago, while diluted EPS rose to $0.11 from $0.08. Gross margin was 27.7% vs 28.4% as higher tariffs on China-sourced goods pressured costs. By category, bedding and diaper bags fell to $10.4M, partly offset by bibs, toys and disposables at $13.3M.
For the first six months, sales were $39.2M vs $40.7M and diluted EPS was $0.01 vs $0.05. Management cited fewer items in a major retailer’s program and inventory shortages tied to tariff mitigation as drivers. Operating cash flow was $4.4M; investing used $0.26M; financing used $3.9M. Inventory was $32.6M.
Debt included a $10.7M revolving balance and a $5.7M term loan; $13.7M was available under the revolver. Top customer concentration remained high in the first half: Walmart 47%, Amazon 17%, and Target 10%. A quarterly dividend of $0.08 per share was declared. The company disclosed disclosure controls were not effective due to a material weakness in manual journal entry controls. Shares outstanding were 10,702,787 as of October 31, 2025.
Crown Crafts, Inc. reported net sales of $15.48 million for the three months ended June 29, 2025, down 4.5% from $16.21 million a year earlier. The company recorded a net loss of $1.10 million (loss per share $0.10), compared with a $0.32 million loss in the prior-year quarter; the widened loss reflects lower sales in bibs, toys and disposable products and higher operating costs.
Gross profit fell to $3.52 million (22.7% of sales) from $3.97 million (24.5%) largely due to increased tariffs on China-sourced products. Marketing and administrative expenses rose to $4.72 million, including $0.40 million of advertising, and interest expense increased to $0.28 million. Inventories were $31.6 million, cash was $0.23 million, revolving credit borrowings were $7.7 million with $12.2 million available, and the company remains in compliance with its amended availability covenant. The quarter includes $2.1 million of sales from the Baby Boom acquisition and reflects prior non-cash goodwill impairment that reduced goodwill to zero.