---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-032086"
form_type: "8-K"
ticker: "CRWS"
cik: "0000025895"
company_name: "CROWN CRAFTS INC"
filed_at: "2023-11-15T23:59:59+00:00"
generated_at: "2026-06-08T02:50:32.278839+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Crown Crafts Q2 net sales up 28.9% to $24.1M; EPS falls to $0.18 vs $0.20

## Summary
- Net sales $24.1M vs $18.7M prior year; driven by Manhattan Toy acquisition and organic growth.
- Net income $1.8M ($0.18 diluted EPS) compared to $2.0M ($0.20) in prior-year quarter.
- Gross margin declined to 27.3% from 29.1% due to higher operating lease costs.
- Quarterly dividend of $0.08 per share declared; payable Jan 5, 2024 to holders of record Dec 15, 2023.

## SEC filing metadata
- accession: 0001437749-23-032086
- form_type: 8-K
- ticker: CRWS
- cik: 0000025895
- company_name: CROWN CRAFTS INC
- filed_at: 2023-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25895/000143774923032086/0001437749-23-032086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25895/000143774923032086/crws20231110_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-032086
- JSON: https://secwatch.observer/filing/0001437749-23-032086.json
- Plain text: https://secwatch.observer/filing/0001437749-23-032086.txt

## Key facts
- Earnings Releases
  CROWN CRAFTS INC reported the second quarter of fiscal year 2024, which ended October 1, 2023 results: revenue $24.1 million, net income $1.8 million, EPS $0.18 per diluted share.
  - Period: the second quarter of fiscal year 2024, which ended October 1, 2023
  - Revenue: $24.1 million
  - Net income: $1.8 million
  - EPS: $0.18 per diluted share
  - Result: reported results
  source text: (NASDAQ-CM: CRWS) (the “Company”) today reported financial results for the second quarter of fiscal year 2024, which ended October 1, 2023. Second Quarter Summary ● Net sales of $24.1 million in the current quarter, an increase of 28.9% over the prior year ● Gross profit was 27.3% of net sales in the current quarter, 29.1% in the prior-year quarter ● Net income in the
  evidence_url: https://www.sec.gov/Archives/edgar/data/25895/000143774923032086/0001437749-23-032086-index.htm

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