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Crown Crafts Inc 8-K Filings

CRWS NASDAQ

Every 8-K 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 8-K covers material events a company has to report between its quarterly 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.

Rhea-AI Summary

Crown Crafts, Inc. (CRWS) changed its independent auditor, appointing Grant Thornton LLP as independent registered public accounting firm for the fiscal year ending March 28, 2027 and dismissing KPMG LLP effective August 27, 2026. KPMG’s audit reports for the fiscal years ended March 29, 2026 and March 30, 2025 contained no adverse opinions, disclaimers, or qualifications.

The company states there were no disagreements with KPMG on accounting, financial statement disclosure, or audit procedures, and one prior reportable event: a material weakness in internal control over financial reporting related to review and approval of manual journal entries. This weakness was first disclosed for the year ended March 30, 2025 and was reported as remediated as of March 29, 2026.

Rhea-AI Summary

Crown Crafts, Inc. reported improved first quarter fiscal 2027 results for the period ended June 28, 2026. Net sales were $16.8 million, up from $15.5 million a year earlier. Net income was $2.1 million, or $0.19 per diluted share, compared with a net loss of $1.1 million, or $0.10 per share, in the prior-year quarter.

Gross profit rose to $8.0 million, benefiting from $3.7 million of tariff refunds recorded to cost of products sold. Excluding tariff refunds, the company stated gross margin was 25.6%, an improvement of 290 basis points year over year. Marketing and administrative expenses increased to $5.2 million, partly due to higher accrued incentive compensation linked to the refunds.

The Board declared a quarterly dividend of $0.03 per share, noting it had been “right-sized” to support growth initiatives, debt reduction and warehouse consolidation over the next two years. Stockholders approved an Amended and Restated 2021 Incentive Plan, increasing shares available for equity awards from 1,200,000 to 2,450,000, and re-elected two Class III directors. KPMG LLP was ratified as independent auditor for the fiscal year ending March 28, 2027.

Rhea-AI Summary

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.

Rhea-AI Summary

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.

Rhea-AI Summary

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.

Rhea-AI Summary

Crown Crafts, Inc. (CRWS) announced leadership changes at its subsidiary NoJo Baby & Kids, Inc. as part of consolidating its internal operations. The Company notified Donna E. Sheridan, NoJo’s President and Chief Executive Officer and a named executive officer of Crown Crafts, that she is terminated from her NoJo officer positions effective October 27, 2025, and that her employment with NoJo ends effective November 30, 2025.

The Company states the employment termination is without cause under Ms. Sheridan’s January 18, 2019 Employment Agreement with NoJo. She is entitled to receive the benefits provided in that agreement, as described in Crown Crafts’ June 27, 2025 Proxy Statement, which is incorporated by reference.

Rhea-AI Summary

Crown Crafts, Inc. filed an 8-K reporting that it issued a press release announcing financial results for the first quarter of fiscal 2026, which ended June 29, 2025; that press release is attached as Exhibit 99.1 dated August 13, 2025. The company held its 2025 Annual Meeting of Stockholders on August 12, 2025 at its Gonzales, Louisiana offices.

At the meeting shareholders elected Olivia W. Elliott as a Class I director with 4,792,660 votes in favor and 149,355 withheld, with 2,963,276 broker non-votes. A non-binding advisory vote on named executive officer compensation passed 4,563,492 to 197,766 with 180,757 abstentions. Shareholders ratified KPMG LLP as auditor with 7,676,998 votes for. On the advisory frequency vote, 2,482,926 chose a three-year frequency and the Board resolved to hold advisory pay votes every three years. The filing is signed by Claire K. Spencer, Vice President and Chief Financial Officer.

Rhea-AI Summary

Crown Crafts (NASDAQ:CRWS) filed an 8-K report announcing the upcoming release of their financial results for Q4 and full fiscal year 2025, ended March 30, 2025. The filing indicates that the company will issue a press release detailing their financial performance, though the actual results are not included in this 8-K filing.

This is a routine 8-K filing under Item 2.02 (Results of Operations and Financial Condition) that serves primarily as a notice of earnings release. The filing includes standard exhibits: the press release (99.1) and the Interactive Data File in XBRL format (104).