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AI brief of an SEC Form 8-K · CROWN CRAFTS INC (CRWS)

Crown Crafts Q1 fiscal 2027 net income of $2.1 million versus prior-year loss

Positive Impact 3 of 5 earnings Written later

Crown Crafts reported first-quarter fiscal 2027 net sales of $16.8 million and net income of $2.1 million, compared with a net loss of $1.1 million a year earlier. Gross profit was helped by $3.7 million in tariff refunds, and the Board declared a $0.03 per share quarterly dividend. Stockholders also approved an amended 2021 Incentive Plan that raises the share reserve to 2,450,000 shares.

Key points

  • Net sales rose to $16.8 million from $15.5 million in the prior-year quarter ended June 29, 2025.
  • Net income was $2.1 million, or $0.19 per share, versus a net loss of $1.1 million, or $0.10 per share, a year earlier.
  • Gross profit included $3.7 million in tariff refunds; excluding refunds, gross margin was 25.6%, up 290 basis points year over year.
  • The $0.03 per share dividend is payable October 2, 2026 to holders of record on September 11, 2026.

The filing

CompanyCROWN CRAFTS INC (CRWS)
Form8-K, current report
Filed with the SECAug 12, 2026, 4:30 PM ET
Accession number0001437749-26-027336

Items reported: 2.02 Results of Operations5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.