secwatch.observer — SEC 8-K summary
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Issuer:     CROWN CRAFTS INC (CRWS)
CIK:        0000025895
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0001437749-23-032086
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25895/000143774923032086/0001437749-23-032086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25895/000143774923032086/crws20231110_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-032086

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