secwatch.observer — SEC 8-K summary
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Issuer:     CROWN CRAFTS INC (CRWS)
CIK:        0000025895
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001437749-25-003487
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25895/000143774925003487/0001437749-25-003487-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25895/000143774925003487/crws20250210_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-003487

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