secwatch.observer — SEC 8-K summary
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Issuer:     CROWN CRAFTS INC (CRWS)
CIK:        0000025895
Form:       8-K
Filed at:   2026-08-31T20:11:41+00:00
Accession:  0001437749-26-029311
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crown Crafts dismisses KPMG, engages Grant Thornton as new auditor
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- KPMG dismissed as independent auditor effective Aug 27, 2026; Grant Thornton engaged for FY ending Mar 28, 2027.
- No disagreements; only reportable event was material weakness in manual journal entry controls, first reported in FY2025 10-K, remediated as of Mar 29, 2026.
- KPMG's audit reports for FY2026 and FY2025 were unqualified, no adverse opinion or disclaimer.
- KPMG letter to SEC dated Aug 31, 2026 filed as Exhibit 16.1; competitive proposal process completed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25895/000143774926029311/0001437749-26-029311-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25895/000143774926029311/crws20260828_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-029311

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer