{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-020780","form_type":"8-K","ticker":"CRWS","cik":"0000025895","company_name":"CROWN CRAFTS INC","filed_at":"2022-08-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.721081+00:00","generated_at":"2026-06-23T23:14:59.655302+00:00","sec_items":["2.02","5.07","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Crown Crafts Q1 diluted EPS $0.14 vs $0.27; revenue $15.7M down from $18.7M","bullets":["Net income $1.4M ($0.14 diluted EPS) vs $2.7M ($0.27) in prior-year quarter; net sales $15.7M vs $18.7M.","Gross profit margin improved to 32.8% of sales from 24.9% in prior-year quarter.","Prior-year quarter included $1.985M gain on PPP loan forgiveness and $631K sales from Carousel Designs (ceased); excluding those, adjusted net income would have been $1.5M.","Board declared $0.08 per share quarterly dividend, payable Oct 7, 2022 to holders of record Sep 16, 2022.","CEO cites inflation and retailer inventory reductions as challenges; company maintains strong shelf space and customer relationships."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-020780","json":"https://secwatch.observer/filing/0001437749-22-020780.json","markdown":"https://secwatch.observer/filing/0001437749-22-020780.md","text":"https://secwatch.observer/filing/0001437749-22-020780.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25895/000143774922020780/0001437749-22-020780-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25895/000143774922020780/crws20220811_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T23:14:59.655302+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}