tiprankstipranks
Trending News
More News >
Crown Crafts (CRWS)
NASDAQ:CRWS
US Market

Crown Crafts (CRWS) Earnings Dates, Call Summary & Reports

Compare
175 Followers

Earnings Data

Report Date
Jun 11, 2026
Before Open (Confirmed)
Period Ending
2026 (Q4)
Consensus EPS Forecast
Last Year’s EPS
-1.04
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q3 2026
Earnings Call Date:Feb 11, 2026|
% Change Since:
|
Earnings Call Sentiment|Negative
The quarter shows a mixed picture: profitability and EPS improved, driven in meaningful part by a one-time $2.5 million insurance recovery and continued cost actions, and the company highlights product pipeline progress (Groovy Girls) and a solid liquidity position. However, underlying operational performance is challenged — revenue declined ~11.5%, gross margins compressed by 2.6 percentage points due to tariffs and one-time costs, core demand (notably bedding) remains soft, and the business carries significant China sourcing and tariff risk. Given the reliance on one-time gains to support earnings and the persistent demand and margin pressures, the negatives outweigh the positives for the quarter.
Company Guidance
Management's guidance focused on defending profitability and liquidity through pricing, cost and sourcing actions: they will continue to push pricing and cost initiatives to counter a soft sales environment (Q3 net sales $20.7M vs $23.4M a year ago) and tariff-driven margin pressure (Q3 gross profit $4.9M, gross margin 23.5% vs 26.1%), while prioritizing cash generation and debt reduction (nine‑month operating cash flow $7.1M vs $7.0M; total debt $16.4M; $10.6M revolver availability) and maintaining their regular quarterly dividend; near-term actions include conservative inventory policy (inventories $31.2M vs $27.8M FY25 year‑end), operational consolidation (incurred $600K severance this quarter with additional savings expected into the next fiscal year), evaluation of alternative sourcing (currently high‑90% China content; current tariff ~20% with some categories like diaper bags >60%), and selective M&A/insurance remedies (received $2.5M insurance proceeds, ~$2.1M net benefit to pre‑tax income); reported income before tax $2.1M (vs $1.3M), net income $1.5M (vs $0.9M) and EPS $0.14 (vs $0.09); management reiterated no near‑term additional price increases, the Groovy Girls relaunch in May 2026, and will provide a further update on progress on the mid‑June call.
Net Income and EPS Improvement
Net income increased to $1,500,000 from $900,000 a year ago (a +66.7% increase). Basic and diluted EPS rose to $0.14 from $0.09 (approx. +55.6%).
Insurance Proceeds Boosted Results
Received $2,500,000 in insurance proceeds related to a reps-and-warranties claim from a recent acquisition; net impact to income before tax (excluding certain legal/licensing expenses) was $2,100,000 — a one-time, positive contributor to the quarter's profitability.
Operational and Cost Management Actions
Company is executing cost initiatives and operational consolidations intended to reduce payroll and administrative expenses over time; incurred $600,000 of severance expenses in the quarter tied to these consolidation efforts.
Product Pipeline and Brand Development
Announced relaunch of Manhattan Toy's Groovy Girls (iconic soft fashion dolls) to be available starting May 2026, targeting specialty retailers and DTC channels — a strategic growth/brand initiative.
Balance Sheet and Liquidity Position
Ended quarter with total assets of $76.1 million, $10.6 million available under the revolving credit facility, total debt of $16.4 million, and compliance with all financial covenants.
Operating Cash Flow Resilience
Net cash provided by operating activities for the nine-month period was $7.1 million versus $7.0 million in the prior year period (approximately +1.4%), indicating continued cash generation.
Conservative Inventory and Sourcing Strategy
Inventory strategy described as deliberately conservative to minimize excess exposure in a volatile tariff/pricing environment; management is actively exploring alternative sourcing outside China while prioritizing quality and safety.
International Distribution and Licensing Advances
Ongoing expansion of international distributor base (more than 30 distributors and presence in 50+ countries noted) and new Disney license in Canada (launched January), signaling channel and geographic expansion opportunities.

Crown Crafts (CRWS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CRWS Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jun 11, 2026
2026 (Q4)
- / -
-1.037
Feb 11, 2026
2026 (Q3)
- / 0.14
0.08663.95% (+0.05)
Nov 12, 2025
2026 (Q2)
- / 0.11
0.08331.33% (+0.03)
Aug 13, 2025
2026 (Q1)
- / -0.10
-0.031-235.48% (-0.07)
Jun 25, 2025
2025 (Q4)
- / -1.04
0.098-1158.16% (-1.14)
Feb 12, 2025
2025 (Q3)
- / 0.09
0.166-48.19% (-0.08)
Nov 12, 2024
2025 (Q2)
- / 0.08
0.179-53.63% (-0.10)
Aug 14, 2024
2025 (Q1)
- / -0.03
0.04-177.50% (-0.07)
Jun 28, 2024
2024 (Q4)
- / 0.10
0.0822.50% (+0.02)
Feb 14, 2024
2024 (Q3)
- / 0.17
0.1327.69% (+0.04)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CRWS Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 11, 2026
$3.13$3.01-3.83%
Nov 12, 2025
$2.56$2.69+5.08%
Aug 13, 2025
$2.70$2.65-1.85%
Jun 25, 2025
$3.03$2.69-11.22%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Crown Crafts (CRWS) report earnings?
Crown Crafts (CRWS) is schdueled to report earning on Jun 11, 2026, Before Open (Confirmed).
    What is Crown Crafts (CRWS) earnings time?
    Crown Crafts (CRWS) earnings time is at Jun 11, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CRWS EPS forecast?
          Currently, no data Available