---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-014546"
form_type: "8-K"
ticker: "CRWS"
cik: "0000025895"
company_name: "CROWN CRAFTS INC"
filed_at: "2022-06-08T23:59:59+00:00"
generated_at: "2026-06-25T03:41:02.368003+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Crown Crafts Q4 net sales $25.7M (+17.7% YoY); FY net income $9.9M ($0.98 EPS)

## Summary
- Q4 net income $2.4M ($0.24 diluted EPS) vs $0.2M ($0.02) in prior-year quarter.
- Full-year net sales $87.4M (+10.4%); gross profit margin fell to 26.7% from 30.4%.
- FY net income includes $1.985M pre-tax gain on PPP loan forgiveness.
- Quarterly dividend declared $0.08/share, payable July 8, 2022 to holders of record June 17.
- Carousel Designs net loss of $1.3M in FY2022 vs $2.3M loss in FY2021.

## SEC filing metadata
- accession: 0001437749-22-014546
- form_type: 8-K
- ticker: CRWS
- cik: 0000025895
- company_name: CROWN CRAFTS INC
- filed_at: 2022-06-08T23:59:59+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/25895/000143774922014546/0001437749-22-014546-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25895/000143774922014546/crws20220602_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-014546
- JSON: https://secwatch.observer/filing/0001437749-22-014546.json
- Plain text: https://secwatch.observer/filing/0001437749-22-014546.txt

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