---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-027336"
form_type: "8-K"
ticker: "CRWS"
cik: "0000025895"
company_name: "CROWN CRAFTS INC"
filed_at: "2026-08-12T20:30:49+00:00"
generated_at: "2026-08-12T20:32:09.177770+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Crown Crafts Q1 swings to $2.1M profit, sales up 8.4%; dividend cut to $0.03

## Summary
- Net sales $16.8M vs $15.5M YoY; gross margin 47.9% incl $3.7M tariff refunds; adjusted 25.6% (+290bps).
- Net income $2.1M ($0.19/sh) vs net loss $1.1M (-$0.10) in prior-year Q1.
- Quarterly dividend reduced to $0.03/share (paid Oct 2, record Sep 11) to fund growth, debt reduction, warehouse consolidation.
- Stockholders approved incentive plan share increase to 2.45M (from 1.2M) and ratified KPMG as auditor.
- CEO cites strong international Groovy Girls sales; industry conditions remain soft.

## SEC filing metadata
- accession: 0001437749-26-027336
- form_type: 8-K
- ticker: CRWS
- cik: 0000025895
- company_name: CROWN CRAFTS INC
- filed_at: 2026-08-12T20:30:49+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25895/000143774926027336/0001437749-26-027336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25895/000143774926027336/crws20260807_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-027336
- JSON: https://secwatch.observer/filing/0001437749-26-027336.json
- Plain text: https://secwatch.observer/filing/0001437749-26-027336.txt

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