---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-026843"
form_type: "8-K"
ticker: "CRWS"
cik: "0000025895"
company_name: "CROWN CRAFTS INC"
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:29:31.955137+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Crown Crafts Q1 net loss $322k ($0.03/sh); Baby Boom acquisition completed; $0.08 dividend

## Summary
- Q1 net loss $322k ($0.03 per share) vs net income $366k ($0.04) a year ago; net sales $16.2M down 5% from $17.1M.
- Gross margin fell to 24.5% from 27.7%; results include $244k UK closure costs and $116k Baby Boom acquisition costs.
- Subsequent to quarter, acquired Baby Boom (toddler bedding, diaper bags) – expected to be immediately accretive to earnings.
- Quarterly dividend of $0.08 per share declared, payable Oct 4, 2024 to holders of record Sep 13, 2024.
- Stockholders re-elected Michael Benstock and Zenon S. Nie as Class II directors and ratified KPMG as auditor.

## SEC filing metadata
- accession: 0001437749-24-026843
- form_type: 8-K
- ticker: CRWS
- cik: 0000025895
- company_name: CROWN CRAFTS INC
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25895/000143774924026843/0001437749-24-026843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25895/000143774924026843/crws20240809_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-026843
- JSON: https://secwatch.observer/filing/0001437749-24-026843.json
- Plain text: https://secwatch.observer/filing/0001437749-24-026843.txt

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