{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-034312","form_type":"8-K","ticker":"CRWS","cik":"0000025895","company_name":"CROWN CRAFTS INC","filed_at":"2024-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.658961+00:00","generated_at":"2026-05-30T02:22:06.044954+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Crown Crafts Q2 FY2025 net income falls to $860k from $1.8M YoY; revenue edges up to $24.5M","bullets":["Net sales $24.5M (+1.7% YoY) driven by Baby Boom ($3.4M), offset by legacy declines including lost bib program.","Net income $860k ($0.08 diluted) vs $1.8M ($0.18) prior year; includes $788k acquisition-related costs ($0.06 EPS impact).","Gross margin improved to 28.4% from 27.3%; marketing/admin expenses rose to $5.4M from $4.0M due to acquisition costs.","Quarterly dividend maintained at $0.08/share, payable Jan 3, 2025 to holders of record Dec 13, 2024.","CEO cites cross-selling opportunities with Baby Boom and cost management as drivers for future profitability."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-034312","json":"https://secwatch.observer/filing/0001437749-24-034312.json","markdown":"https://secwatch.observer/filing/0001437749-24-034312.md","text":"https://secwatch.observer/filing/0001437749-24-034312.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25895/000143774924034312/0001437749-24-034312-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25895/000143774924034312/crws20241106_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:22:06.044954+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}