secwatch.observer — SEC 8-K summary
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Issuer:     CROWN CRAFTS INC (CRWS)
CIK:        0000025895
Form:       8-K
Filed at:   2022-06-08T23:59:59+00:00
Accession:  0001437749-22-014546
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25895/000143774922014546/0001437749-22-014546-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25895/000143774922014546/crws20220602_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-014546

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer