CROWN CRAFTS INC
Business
Crown Crafts designs, sources, and distributes infant, toddler, and juvenile products including bedding, toys, bibs, diaper bags, and feeding items through subsidiaries NoJo Baby & Kids and Sassy Baby. Products are sold under owned trademarks (Sassy, NoJo, Manhattan Toy, Baby Boom, Neat Solutions), licensed brands including Disney, and private label to mass merchants, specialty retailers, grocery and drug stores, and online retailers. International sales represent a small portion of total gross sales.
Summary from 10-K filed 2026-06-24
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Net sales | 82 | 87 | 88 | 75 | 87 | |
| Cost of products sold | 62 | 66 | 65 | 55 | 64 | |
| Gross profit | 20 | 21 | 23 | 20 | 23 | |
| Marketing and administrative expenses | 19 | 19 | 16 | 13 | 13 | |
| Goodwill impairment charge | 0 | 14 | 0 | — | — | |
| Income (loss) from operations | 1 | −11 | 7 | 7 | 10 | |
| Interest expense - net of interest income | −1 | −1 | −734,000 | 81,000 | −50,000 | |
| Loss on sale of property, plant and equipment | 0 | −2,000 | 58,000 | 2,000 | 18,000 | |
| Other income (expense) - net | 3 | −47,000 | 9,000 | 136,000 | 67,000 | |
| Income (loss) before income tax expense | 3 | −12 | 6 | 7 | 12 | |
| Income tax expense (benefit) | 795,000 | −3 | 1 | 2 | 2 | |
| Segment net income (loss) | 2 | −9 | 5 | 6 | 10 | |
| Basic (in shares) | 11 | 10 | 10 | 10 | 10 | |
| Effect of dilutive securities (in shares) | 0 | 0 | 4,000 | 18,000 | 29,000 | |
| Diluted (in shares) | 11 | 10 | 10 | 10 | 10 | |
| Basic earnings (loss) per share (in dollars per share) | 0.17 | −0.9 | 0.48 | 0.56 | 0.99 | |
| Diluted earnings (loss) per share (in dollars per share) | 0.17 | −0.9 | 0.48 | 0.56 | 0.98 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 200,000 | 521,000 | 829,000 | 2 | 2 | |
| Due from factor | 16 | 22 | 19 | 21 | 21 | |
| Other | 3 | 3 | 4 | 2 | 2 | |
| Inventory, Net | 28 | 28 | 30 | 34 | 21 | |
| Prepaid expenses | 2 | 2 | 2 | 2 | 1 | |
| Total current assets | 50 | 55 | 55 | 60 | 47 | |
| Operating lease right-of-use assets | 9 | 12 | 15 | 17 | 2 | |
| Property, plant and equipment - net of accumulated depreciation of $5,775 and $5,037, respectively | 2 | 2 | 2 | 2 | 1 | |
| Intangible assets - net of accumulated amortization of $11,615 and $10,840, respectively | 6 | 7 | 3 | 3 | 3 | |
| Deferred income taxes | 4 | 5 | 277,000 | 0 | 0 | |
| Other assets | 154,000 | 152,000 | 202,000 | 188,000 | 88,000 | |
| Total Assets | 71 | 81 | 83 | 91 | 60 | |
| Accounts payable | 5 | 5 | 5 | 8 | 6 | |
| Accrued royalties | 532,000 | 2 | 290,000 | 614,000 | 462,000 | |
| Dividends payable | 952,000 | 876,000 | 843,000 | 815,000 | 827,000 | |
| Operating lease liabilities, current | 4 | 4 | 4 | 2 | 2 | |
| Accrued liabilities | 1 | 2 | — | — | — | |
| Current maturities of long-term debt | 2 | 2 | 0 | — | — | |
| Total current liabilities | 14 | 16 | 10 | 13 | 12 | |
| Long-term debt | 12 | 17 | 8 | 13 | 0 | |
| Operating lease liabilities, noncurrent | 6 | 9 | 12 | 15 | 809,000 | |
| Reserve for unrecognized tax liabilities | 310,000 | 411,000 | 394,000 | 323,000 | 739,000 | |
| Total non-current liabilities | 18 | 26 | 21 | 29 | 3 | |
| Common stock - $0.01 par value per share; Authorized 40,000,000 shares at March 29, 2026 and March 30, 2025; Issued 13,674,249 shares at March 29, 2026 and 13,478,402 shares at March 30, 2025 | 137,000 | 135,000 | 132,000 | 131,000 | 129,000 | |
| Additional paid-in capital | 59 | 59 | 58 | 57 | 56 | |
| Treasury stock - at cost - 2,913,962 shares at March 29, 2026 and 2,910,859 shares at March 30, 2025 | −16 | −16 | −16 | −16 | −16 | |
| Accumulated deficit | −5 | −3 | 9 | 8 | 5 | |
| Total shareholders' equity | 39 | 40 | 52 | 49 | 46 | |
| Total Liabilities and Shareholders' Equity | 71 | 81 | 83 | 91 | 60 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation of property, plant and equipment | 752,000 | 704,000 | 835,000 | 688,000 | 652,000 | |
| Amortization of intangibles | 775,000 | 772,000 | 601,000 | 481,000 | 509,000 | |
| Amortization of debt issuance costs | 9,000 | 7,000 | 0 | — | — | |
| Reduction in the carrying amount of right of use assets | 4 | 5 | 4 | 2 | — | |
| Deferred income taxes | 851,000 | −4 | −1 | −205,000 | 2 | |
| Reserve for unrecognized tax liabilities | −101,000 | 17,000 | 71,000 | −416,000 | 109,000 | |
| Stock-based compensation | 767,000 | 752,000 | 763,000 | 1 | 834,000 | |
| Accounts receivable | 6 | 2 | 453,000 | 4 | −4 | |
| Inventories | −565,000 | 4 | 4 | −593,000 | −318,000 | |
| Prepaid expenses | 298,000 | −237,000 | −269,000 | −233,000 | 153,000 | |
| Other assets | −2,000 | 50,000 | −14,000 | −9,000 | 4,000 | |
| Lease liabilities | −4 | −4 | −4 | −2 | — | |
| Accounts payable | −323,000 | 55,000 | −3 | −854,000 | 793,000 | |
| Accrued liabilities | −2 | 2 | −738,000 | −1 | −68,000 | |
| Net cash provided by operating activities | 8 | 10 | 7 | 8 | 8 | |
| Capital expenditures for property, plant and equipment | −864,000 | −872,000 | −786,000 | −813,000 | −531,000 | |
| Payment to acquire Baby Boom | 0 | −16 | 0 | −16 | 0 | |
| Net cash used in investing activities | −864,000 | −17 | −193,000 | −17 | −490,000 | |
| Repayments under revolving line of credit | −78 | −82 | −75 | −2 | −25 | |
| Borrowings under revolving line of credit | 76 | 86 | 71 | 14 | 25 | |
| Payments on term loan | −2 | −1 | 0 | — | — | |
| Proceeds from term loan, net of issuance costs | 0 | 8 | 0 | — | — | |
| Shares withheld to pay taxes on stock compensation | −9,000 | −59,000 | 0 | — | — | |
| Dividends paid | −3 | −3 | −3 | −3 | −7 | |
| Net cash (used in) provided by financing activities | −8 | 7 | −8 | 9 | −7 | |
| Net decrease in cash and cash equivalents | −321,000 | −308,000 | −913,000 | 144,000 | 985,000 | |
| Income taxes paid | 635,000 | 633,000 | 3 | 1 | 2 | |
| Interest paid | 1 | 1 | 818,000 | 45,000 | 18,000 | |
| Property, plant and equipment purchased but unpaid | −11,000 | −67,000 | −32,000 | −43,000 | −43,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is CROWN CRAFTS INC's CIK number?
CROWN CRAFTS INC's SEC CIK number is 0000025895 (25895). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find CROWN CRAFTS INC's SEC filings?
All of CROWN CRAFTS INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did CROWN CRAFTS INC last report earnings?
CROWN CRAFTS INC (CRWS) most recently filed an earnings 8-K with the SEC on Jun 24, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-021497). This is CROWN CRAFTS INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is CROWN CRAFTS INC's most recent earnings 8-K?
CROWN CRAFTS INC's latest earnings 8-K (Item 2.02) was filed Jun 24, 2026 under accession 0001437749-26-021497. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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