earnings
confidence high
sentiment positive
materiality 0.70
Crown Crafts Q4 net income $0.3M, gross margin improves 460 bps to 22.9%
CROWN CRAFTS INC
- Net sales $22.4M vs $23.2M prior-year quarter; net income of $0.3M ($0.03/diluted) vs net loss of $10.8M ($1.04 loss) including $13.8M goodwill impairment in prior year.
- Gross profit margin improved to 22.9% from 18.3%, a 460 basis point increase.
- Marketing and administrative expense flat at $4.6M; operating cash flow >$8M for fiscal year.
- Quarterly dividend of $0.08/share declared, payable July 2, 2026 to holders of record June 11, 2026.
- Relaunched Manhattan Toy's Groovy Girls brand in May 2026 post-quarter end.