Crown Crafts reports improved Q4 gross margin and net income

• Crown Crafts (NASDAQ:CRWS) posted fourth quarter fiscal 2026 net sales of $22.4 million and improved its gross margin to 22.9%.
• The company swung to net income of $0.3 million from a prior-year loss that included a large non-cash impairment charge.
• Crown Crafts generated more than $8 million in operating cash flow for the full year and declared a $0.08 quarterly dividend.

Crown Crafts (NASDAQ:CRWS) reported fourth quarter fiscal 2026 net sales of $22.4 million compared with $23.2 million in the prior-year quarter.

Gross profit rose to $5.1 million with a gross margin of 22.9%, up from 18.3% a year earlier.

Net income was $0.3 million, or $0.03 per diluted share, compared with a $10.8 million net loss in the prior-year quarter that included a $13.8 million non-cash goodwill impairment.

The company generated more than $8 million of operating cash flow for the full fiscal year 2026.

Crown Crafts (NASDAQ:CRWS) also relaunched Manhattan Toy’s Groovy Girls line during the period.

The company declared a quarterly dividend of $0.08 per share, payable on July 2, 2026.

Crown Crafts is a manufacturer and distributor of infant, toddler and juvenile consumer products sold primarily in North America through mass merchants, specialty retailers and online channels.