{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-027499","form_type":"8-K","ticker":"CRWS","cik":"0000025895","company_name":"CROWN CRAFTS INC","filed_at":"2022-11-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.101202+00:00","generated_at":"2026-06-21T17:48:12.516545+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Crown Crafts Q2 fiscal 2023 EPS $0.20 on $18.7M sales; dividend $0.08 declared","bullets":["Net income $2.0M ($0.20 diluted) vs $2.4M ($0.24) a year ago; sales $18.7M down from $20.2M.","Six-month net income $3.5M ($0.34) on sales $34.4M; prior year included $1.985M PPP loan gain.","Gross margin improved to 30.8% YTD vs 27.5% in prior-year period.","Quarterly dividend of $0.08 per share payable Jan 6, 2023 to holders of record Dec 16, 2022.","CEO cites inflation and retailer inventory headwinds but notes strong balance sheet."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-027499","json":"https://secwatch.observer/filing/0001437749-22-027499.json","markdown":"https://secwatch.observer/filing/0001437749-22-027499.md","text":"https://secwatch.observer/filing/0001437749-22-027499.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25895/000143774922027499/0001437749-22-027499-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25895/000143774922027499/crws20221109_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T17:48:12.516545+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":[{"claim_id":"1085cba59a78a94df65631cc9d5fe35b2e2906a9","claim":"CROWN CRAFTS INC reported the first six months of fiscal 2023 results: revenue $34.4 million, net income $3.5 million, EPS $0.34 per diluted share.","evidence_excerpt":"For the six-month fiscal period, net income was $3.5 million, or $0.34 per diluted share, on net sales of $34.4 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/25895/000143774922027499/0001437749-22-027499-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first six months of fiscal 2023"},{"label":"Revenue","value":"$34.4 million"},{"label":"Net income","value":"$3.5 million"},{"label":"EPS","value":"$0.34 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6f8aec07d7287d51081af68d9fbf3b6ae8cbc15e","claim":"CROWN CRAFTS INC reported the second quarter of fiscal 2023 results: revenue $18.7 million, net income $2.0 million, EPS $0.20 per diluted share.","evidence_excerpt":"Net income for the second quarter of fiscal 2023 was $2.0 million, or $0.20 per diluted share, on net sales of $18.7 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/25895/000143774922027499/0001437749-22-027499-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of fiscal 2023"},{"label":"Revenue","value":"$18.7 million"},{"label":"Net income","value":"$2.0 million"},{"label":"EPS","value":"$0.20 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}