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.
Crown Crafts IncQ4 earnings swing to profit and gross margin expansion, plus dividend declaration.