secwatch.observer — SEC 8-K summary
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Issuer:     CROWN CRAFTS INC (CRWS)
CIK:        0000025895
Form:       8-K/A
Filed at:   2024-09-27T23:59:59+00:00
Accession:  0001437749-24-030197
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Crafts acquires Baby Boom Consumer Products for $18M; Baby Boom had $22.2M sales in 2023
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- Acquisition closed July 19, 2024; Baby Boom's audited 2023 net sales $22.2M, net income $1.59M.
- Baby Boom reported $1.47M income from operations on $7.65M gross profit in 2023.
- Baby Boom's assets at Dec 31, 2023 totaled $7.73M; shareholders' equity $5.55M.
- Pro forma combined financials filed; acquisition accounted for as asset purchase.
- Baby Boom sells diaper bags, infant accessories, toys, and room décor to national retailers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25895/000143774924030197/0001437749-24-030197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25895/000143774924030197/crws20240924_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-030197

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