---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-019361"
form_type: "8-K"
ticker: "CRWS"
cik: "0000025895"
company_name: "CROWN CRAFTS INC"
filed_at: "2021-08-11T23:59:59+00:00"
generated_at: "2026-06-29T15:43:44.464566+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Crown Crafts Q1 net sales $18.7M, up 15.5%; net income $2.7M; declares $0.08 dividend

## Summary
- Net sales $18.7M vs $16.2M YoY; net income $2.7M ($0.27 diluted EPS) vs $1.2M ($0.12).
- Adjusted net income (excl. $1.985M PPP gain and Carousel) $1.5M ($0.15 EPS) vs $1.2M ($0.12).
- Gross margin 24.9% of sales, down from 31.0% YoY due to product mix and Carousel closure.
- Board declared $0.08/share quarterly cash dividend, payable Oct 1, 2021, record Sep 10, 2021.
- Annual meeting: elected directors Kirschner and Nie; ratified KPMG; approved 2021 incentive plan.

## SEC filing metadata
- accession: 0001437749-21-019361
- form_type: 8-K
- ticker: CRWS
- cik: 0000025895
- company_name: CROWN CRAFTS INC
- filed_at: 2021-08-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25895/000143774921019361/0001437749-21-019361-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25895/000143774921019361/crws20210804_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-019361
- JSON: https://secwatch.observer/filing/0001437749-21-019361.json
- Plain text: https://secwatch.observer/filing/0001437749-21-019361.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.