---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-003487"
form_type: "8-K"
ticker: "CRWS"
cik: "0000025895"
company_name: "CROWN CRAFTS INC"
filed_at: "2025-02-12T23:59:59+00:00"
generated_at: "2026-05-26T23:04:50.120188+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Crown Crafts Q3 net income drops to $893K from $1.7M; CFO to retire June 30, 2025

## Summary
- Net sales $23.3M vs $23.8M prior year; gross margin 26.1% vs 27.0%.
- Net income $893K ($0.09 diluted) down from $1.7M ($0.17) in Q3 FY2024.
- CFO Craig J. Demarest to retire effective June 30, 2025; accelerated vesting of 25,000 share restricted stock award.
- Declared quarterly dividend of $0.08/share, payable April 4, 2025 to holders of record March 14, 2025.

## SEC filing metadata
- accession: 0001437749-25-003487
- form_type: 8-K
- ticker: CRWS
- cik: 0000025895
- company_name: CROWN CRAFTS INC
- filed_at: 2025-02-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25895/000143774925003487/0001437749-25-003487-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25895/000143774925003487/crws20250210_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-003487
- JSON: https://secwatch.observer/filing/0001437749-25-003487.json
- Plain text: https://secwatch.observer/filing/0001437749-25-003487.txt

## Key facts
- Executive change
  Craig J. Demarest departed as Chief Financial Officer at CROWN CRAFTS INC.
  - Action: retire
  - Role: Chief Financial Officer
  source text: On February 11, 2025, Craig J. Demarest, the Chief Financial Officer and principal financial and accounting officer of Crown Crafts, Inc., notified the Company’s Board of Directors (the “Board”) of his decision to retire from all positions he holds with the Company and its subsidiaries, effective June 30, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/25895/000143774925003487/0001437749-25-003487-index.htm

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