secwatch.observer — SEC 8-K summary
======================================

Issuer:     CROWN CRAFTS INC (CRWS)
CIK:        0000025895
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001437749-24-021479
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Crafts Q4 sales up 4.6% to $22.6M; full-year net income $4.9M
-------------------------------------------------------------------

- Q4 net sales $22.6M vs $21.6M; gross margin improved to 23.2% from 21.9%.
- Full-year net sales $87.6M vs $75.1M; net income $4.9M ($0.48 EPS) vs $5.7M ($0.56 EPS).
- Q4 net income $1.0M ($0.10 diluted EPS) vs $0.8M ($0.08) a year ago.
- Declared $0.08/share quarterly dividend, payable July 5, 2024 to holders of record June 14, 2024.
- Company cites Manhattan Toy integration and continued inflation headwinds as key factors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25895/000143774924021479/0001437749-24-021479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25895/000143774924021479/crws20240624_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-021479

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