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Crown Crafts Inc

Crown Crafts, Inc. operates in the consumer products industry through its subsidiaries, both in the United States and internationally. The company offers infant, toddler, and juvenile products such as beddings, diaper bags, blankets, dolls, plush toys, nursery accessories, room décor, bibs, burp cloths, placemats, developmental toys, and feeding and care goods. Its products are sold primarily to mass merchants, large chain stores, mid-tier retailers, juvenile specialty stores, value channel stores, grocery and drug stores, restaurants, internet accounts, wholesale clubs, and internet-based retailers through a network of sales force and independent commissioned sales representatives. Crown Crafts, Inc. was incorporated in 1957 and is headquartered in Gonzales, Louisiana.

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CRWS

Crown Crafts Stock Slips Post Q1 Earnings Despite Sales Growth

Crown Crafts reported first-quarter fiscal 2027 net sales of $16.8 million, up 8.3% from $15.5 million a year earlier, while net income swung to $2.1 million, or $0.19 per share, from a net loss of $1.1 million, or $0.10 per share, in the prior-year quarter. Gross profit rose 128.3% to $8 million from $3.5 million, with reported gross margin expanding to 47.9% from 22.7%, driven by $3.7 million of tariff refunds recorded as a reduction to cost of products sold. Sales of bibs, toys and disposable products increased 23.6% to $10.7 million, while bedding and diaper bag sales declined 11.2% to $6 million. Management cited soft consumer demand amid high interest rates, inflation and geopolitical uncertainty, but said improved inventory availability accounted for most of the sales growth, and highlighted strategic pricing and a more favorable product mix as contributors to adjusted gross-margin expansion. The board reduced the quarterly dividend to $0.03 per share to retain cash for growth initiatives, debt reduction and an approximately 18-month warehouse consolidation project targeted for May 2028.
Zacks Investment Research·30dRead more →
CRWS

Crown Crafts Stock Gains After Q4 Earnings, Margin Expands

Crown Crafts shares rose 1.4% after reporting fourth-quarter fiscal 2026 results, outperforming the S&P 500's 0.4% decline. Net sales fell 3.7% to $22.4 million, but the company swung to net income of $0.3 million, or $0.03 per diluted share, from a year-ago loss of $10.8 million, or $1.04 per share, which included a $13.8 million goodwill impairment. Gross margin expanded 460 basis points to 22.9%, driven by strategic pricing and a favorable sales mix. For the full fiscal year, net sales declined 5.7% to $82.3 million, while net income reached $1.8 million, or $0.17 per share, recovering from a prior-year loss. The board declared a quarterly dividend of $0.08 per share, and management highlighted the relaunch of the Groovy Girls brand and ongoing tariff refund efforts.
Zacks Investment Research·81dRead more →