secwatch / observer
8-K filed August 16, 2023, 7:59 PM ET ticker CRWS CIK 0000025895
earnings confidence high sentiment negative materiality 0.75

Crown Crafts Q1 sales up 9% to $17.1M; EPS drops to $0.04 from $0.14 YoY

CROWN CRAFTS INC

2025-Q1 EPS reported $0.04 revenue$17,123,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

CROWN CRAFTS INC reported first quarter of fiscal year 2024, which ended July 2, 2023 results: revenue $17.1 million, net income $366,000, EPS $0.04 per diluted share.

Period
first quarter of fiscal year 2024, which ended July 2, 2023
Revenue
$17.1 million
Net income
$366,000
EPS
$0.04 per diluted share
Result
reported results
Exact text from the filing
Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported results for the first quarter of fiscal year 2024, which ended July 2, 2023. First Quarter Summary ● Net sales of $17.1 million, an increase of 9.0% from the prior-year quarter ● Net income of $366,000, or $0.04 per diluted share ● Declared quarterly dividend of $0.08 per share of Series A common stock
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CROWN CRAFTS INC shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for fiscal year ending March 31, 2024 at the 2023-08-15 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-08-15
Exact text from the filing
For Against Abstain Broker Non-Votes 7,268,272 612,163 61,324 0
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CROWN CRAFTS INC shareholders approved Election of Directors (one Class II and two Class III nominees) at the 2023-08-15 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-08-15
Exact text from the filing
The following tables reflect the tabulation of the votes with respect to each proposal submitted to a vote of the Company’s stockholders at the Annual Meeting. At the Annual Meeting, the Company’s stockholders: (i) elected one Class II nominee to the Company’s Board of Directors (the “Board”) and elected two Class III nominees to the Board; (ii) ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024; and (iii) approved (on an advisory basis) the compensation of the Company’s named executive officers.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CROWN CRAFTS INC shareholders approved Advisory approval of the compensation of the Company's named executive officers at the 2023-08-15 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2023-08-15
Exact text from the filing
For Against Abstain Broker Non-Votes 4,532,017 364,259 142,797 2,902,686
View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

CROWN CRAFTS INC filing history →

Source: SEC EDGAR
accession 0001437749-23-023898
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