Crown Crafts INC

Crown Crafts returns to profitability in fiscal 2026, driven by improved gross margins and disciplined spending.

Crown Crafts, Inc. reported a significant increase in third-quarter net income to $1.5 million, primarily driven by $2.5 million in insurance proceeds, despite a decline in net sales and gross profit margin.

Crown Crafts, Inc. reported increased net income and earnings per share for Q2 fiscal 2026 despite a slight decline in net sales, navigating a challenging industry environment.

Crown Crafts, Inc. announced the termination of Donna E. Sheridan, President and CEO of its subsidiary NoJo Baby & Kids, Inc., effective October 27, 2025, as part of internal operational consolidation.

Crown Crafts, Inc. reported a net loss of $1.10 million, or $0.10 per share, for Q1 fiscal 2026, impacted by increased tariffs and a modest decline in net sales.

Crown Crafts, Inc. announced a significant net loss for its fourth quarter and fiscal year 2025, primarily due to a non-cash goodwill impairment charge of $13.8 million, despite a modest increase in Q4 sales attributed to an acquisition.

Crown Crafts, Inc. reported a significant increase in net income for the third quarter, primarily driven by a $2.5 million insurance settlement related to a prior acquisition, despite a decline in net sales.

Crown Crafts, Inc. reported a 34.5% increase in net income for the three months ended September 28, 2025, despite a 3.1% decline in net sales, while also disclosing an ongoing material weakness in internal financial controls.

Crown Crafts, Inc. reported a significant net loss and decreased sales for the first fiscal quarter, impacted by higher tariffs and a material weakness in internal controls.

Crown Crafts' Q3 2025 results reflect a slight decrease in net sales, influenced by the Baby Boom acquisition and inventory adjustments at major retailers.

Crown Crafts' second quarter saw a slight increase in net sales but a significant decrease in net income, influenced by the acquisition of Baby Boom and other factors.

Crown Crafts, Inc. reported a decrease in net sales for the first quarter of fiscal year 2025, alongside the acquisition of Baby Boom Consumer Products, Inc.

Crown Crafts, Inc. reports fiscal 2026 net income of $1.8 million, rebounding from a prior year loss, despite a 5.7% decline in net sales.

Crown Crafts, Inc. reported a substantial net loss for fiscal year 2025, primarily driven by a significant goodwill impairment charge and increased operating costs following its Baby Boom acquisition, while also disclosing material weaknesses in internal financial controls.

Crown Crafts Inc. saw a 16.8% increase in net sales for fiscal year 2024, primarily driven by growth in bibs, toys, and disposable products, while bedding sales declined.

Crown Crafts Inc.'s Vice President and CFO, Claire K. Spencer, was granted 10,000 restricted common shares under the company's 2021 Incentive Plan.

Crown Crafts Inc. Director Donald R. Ratajczak purchased 5,000 shares of common stock at $2.70 per share.

Crown Crafts Inc. Director Donald R. Ratajczak acquired 30,000 shares of common stock over three days in November 2025, increasing his direct beneficial ownership to 331,181 shares.

Donna Sheridan, President and CEO of Crown Crafts' subsidiary NoJo Baby & Kids, Inc., ceased to be a reporting person following her termination on October 27, 2025.

Crown Crafts Inc. Director Michael Benstock was granted 34,944 shares of common stock as restricted stock, vesting by August 2026.

Crown Crafts Director Patricia Stensrud was granted 34,944 shares of common stock as restricted stock, vesting by August 2026.

Crown Crafts, Inc. has released its 2026 proxy statement, detailing the upcoming annual meeting, director elections, and a proposal to amend its 2021 incentive plan.

Crown Crafts, Inc. has filed definitive additional proxy materials, a DEFA14A, with the U.S. Securities and Exchange Commission.

Crown Crafts, Inc. has announced its 2025 Annual Meeting of Stockholders to address director elections, executive compensation, auditor ratification, and future advisory vote frequency, while reporting a net loss for fiscal year 2025 and a decline in Total Shareholder Return.

Crown Crafts, Inc. has filed a definitive proxy statement with the SEC.

Crown Crafts, Inc. is holding its annual meeting of stockholders on August 13, 2024, to elect directors, approve executive compensation, and ratify the appointment of KPMG as its independent accounting firm.