---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-026004"
form_type: "8-K"
ticker: "CRWS"
cik: "0000025895"
company_name: "CROWN CRAFTS INC"
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T10:17:03.084531+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Crown Crafts Q2 net income $2.4M, EPS $0.24; declares special $0.35 dividend

## Summary
- Net sales $20.2M, net income $2.4M ($0.24 diluted EPS) for Q2 fiscal 2022 vs $21.7M sales, $2.5M income in prior year Q2.
- Excluding Carousel Designs (ceased May 2021), comparable net sales flat at $20.2M; gross margin fell to 30.2% from 32.1%.
- Board declared special cash dividend of $0.35/share plus regular quarterly $0.08, payable Dec 31 to holders of record Dec 10.
- Six-month net income $5.1M ($0.50 diluted) includes $1.985M PPP loan forgiveness gain; adjusted net income $3.9M vs $3.6M prior year.
- CEO cites labor shortages and Hurricane Ida but delivers solid results; over $52.9M distributed in dividends since 2010.

## SEC filing metadata
- accession: 0001437749-21-026004
- form_type: 8-K
- ticker: CRWS
- cik: 0000025895
- company_name: CROWN CRAFTS INC
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25895/000143774921026004/0001437749-21-026004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25895/000143774921026004/crws20211104_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-026004
- JSON: https://secwatch.observer/filing/0001437749-21-026004.json
- Plain text: https://secwatch.observer/filing/0001437749-21-026004.txt

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